Becton Dickinson and Company

NYSE BDX

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Becton Dickinson and Company Dividend Coverage Ratio 5 year CAGR for the quarter ending March 31, 2024: 88.85%

Becton Dickinson and Company Dividend Coverage Ratio 5 year CAGR is 88.85% for the quarter ending March 31, 2024. The dividend coverage ratio measures a company's ability to cover its dividend payments with its net income. It is calculated by dividing net income by dividends paid. This ratio indicates the proportion of net income that is allocated to paying dividends. A ratio greater than 1 suggests sufficient income to cover dividend payments, while a ratio less than 1 indicates a potential shortfall. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Becton Dickinson and Company Dividend Coverage Ratio for the quarter ending March 31, 2023 was 1.55, a -7.84% change year over year.
  • Becton Dickinson and Company Dividend Coverage Ratio for the quarter ending March 31, 2022 was 1.68, a 48.47% change year over year.
  • Becton Dickinson and Company Dividend Coverage Ratio for the quarter ending March 31, 2021 was 1.13, a 56.58% change year over year.
  • Becton Dickinson and Company Dividend Coverage Ratio for the quarter ending March 31, 2020 was 0.72, a 789.68% change year over year.
NYSE: BDX

Becton Dickinson and Company

CEO Mr. Thomas E. Polen Jr.
IPO Date Jan. 1, 1987
Location United States
Headquarters 1 Becton Drive, Franklin Lakes, NJ, United States, 07417-1880
Employees 70,000
Sector Healthcare
Industry Medical instruments & supplies
Description

Becton, Dickinson and Company develops, manufactures, and sells medical supplies, devices, laboratory equipment, and diagnostic products for healthcare institutions, physicians, life science researchers, clinical laboratories, pharmaceutical industry, and the general public worldwide. The company operates in three segments: BD Medical, BD Life Sciences, and BD Interventional. The BD Medical segment provides peripheral intravenous (IV) and advanced peripheral catheters, central lines, acute dialysis catheters, vascular access technology, vascular care and preparation products, needle-free IV connectors and extensions sets, closed-system drug transfer devices, hazardous drug detections, hypodermic syringes and needles, anesthesia needles and trays, enteral syringes, and sharps disposal systems; IV medication safety and infusion therapy delivery systems, medication compounding workflow systems, automated medication dispensing and supply management systems, and medication inventory optimization and tracking systems; and prefillable drug delivery systems. The BD Life Sciences segment offers specimen and blood collection products; automated blood and tuberculosis culturing, molecular testing, microorganism identification and drug susceptibility, and liquid-based cytology systems, as well as rapid diagnostic assays, microbiology laboratory automation products, and plated media products; and fluorescence-activated cell sorters and analyzers, antibodies and kits, reagent systems, and solutions for single-cell gene expression analysis, as well as clinical oncology, immunological, and transplantation diagnostic/monitoring reagents and analyzers. The BD Interventional segment provides hernia and soft tissue repair, biological and bioresorbable grafts, biosurgery, and other surgical products; surgical infection prevention; peripheral intervention products; and urology and critical care products. The company was founded in 1897 and is headquartered in Franklin Lakes, New Jersey.

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StockViz Staff

September 19, 2024

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