bar1080
1 년 전
Danaher Corp Quarterly Dividends
Date Dividends
Jun 29, 2023 0.27 Dividend
Mar 30, 2023 0.27 Dividend
Dec 29, 2022 0.25 Dividend
Sep 29, 2022 0.25 Dividend
Jun 23, 2022 0.25 Dividend
Mar 24, 2022 0.25 Dividend
Dec 29, 2021 0.21 Dividend
Sep 29, 2021 0.21 Dividend
Jun 24, 2021 0.21 Dividend
Mar 25, 2021 0.21 Dividend
Dec 24, 2020 0.18 Dividend
Sep 25, 2020 0.18 Dividend
Jun 25, 2020 0.18 Dividend
Mar 26, 2020 0.18 Dividend
Dec 26, 2019 0.17 Dividend
Sep 26, 2019 0.17 Dividend
Jun 27, 2019 0.17 Dividend
Mar 28, 2019 0.17 Dividend
Dec 27, 2018 0.16 Dividend
Sep 27, 2018 0.16 Dividend
bar1080
3 년 전
Substantial Div Increase for Danaher
Date Dividends
Mar 24, 2022 0.25 Dividend
Dec 29, 2021 0.21 Dividend
Sep 29, 2021 0.21 Dividend
Jun 24, 2021 0.21 Dividend
Mar 25, 2021 0.21 Dividend
Dec 24, 2020 0.18 Dividend
Sep 25, 2020 0.18 Dividend
Jun 25, 2020 0.18 Dividend
Mar 26, 2020 0.18 Dividend
Dec 26, 2019 0.17 Dividend
Sep 26, 2019 0.17 Dividend
Jun 27, 2019 0.17 Dividend
Mar 28, 2019 0.17 Dividend
Dec 27, 2018 0.16 Dividend
Sep 27, 2018 0.16 Dividend
Jun 28, 2018 0.16 Dividend
Mar 28, 2018 0.16 Dividend
Dec 28, 2017 0.14 Dividend
gfp927z
3 년 전
Bar, Danaher has always been a great long term stock, though the Covid related aspect has moved it into the 'momentum play' realm. Earnings growth of 92%, rev growth 36%, PE 43 (per Yahoo), this likely won't be sustainable forever for a company the size of Danaher, although the high growth and valuation may continue for some time. A great long term stock but high valuation.
Generac is even pricier, but 1/10 the size and should keep growing for many years. Even with the recent class action lawsuits, the stock is back near the highs again. They also have the energy storage and smart grid aspects -
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164787724
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164485279
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165681364
These are both great stocks. The market needs a decent pullback, but the Fed 'juice' has prevented even a 5% correction. So I'm mostly on the sidelines for now. I would prefer a buy/hold forever strategy like you have, but am increasingly averse to capital loss, so currently overweight in cash, T-Bills, and shorter term bonds.
gfp927z
3 년 전
>>> Is Danaher a Buy in a Post-Pandemic World?
Analyzing the investment case for buying stock in the high-flying life sciences and diagnostics company.
Motley Fool
by Lee Samaha
Aug 4, 2021
https://www.fool.com/investing/2021/08/04/is-danaher-a-buy-in-a-post-pandemic-world/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article
Key Points
The pandemic has enhanced the company's long-term growth potential.
Current trading continues to exceed expectations.
Non-COVID-19 related revenue is back in growth mode.
Life science and diagnostics company Danaher (NYSE:DHR) is one of the big winners from the COVID-19 pandemic. Its diagnostic tests help detect the coronavirus, and its life sciences tools help medical bodies research and develop vaccines and therapies for it.
That said, what happens to the company's growth rate after the pandemic is over? Are investors in the stock about to be left holding a stock trading on a high valuation that's just about to see earnings growth prospects deteriorate?
Three reasons Danaher can keep on delivering
I think there's reason to believe that Danaher can keep growing at a very healthy clip, even in a post-pandemic environment.
Current earnings momentum is robust across all its businesses, COVID-19 related and non-COVID-19 alike.
Management's guidance for non-COVID-19 related revenue growth in 2021 has been upgraded and demonstrates underlying strength in the business.
The pandemic has strengthened the company's core business and growth prospects.
Strong earnings momentum
The company recently delivered its second-quarter earnings, and it managed to sail past management's previous guidance. For example, management had previously forecast second-quarter core revenue growth would come in within the mid-20% range, but it came in at 31.5%. As such, management upgraded its expectation for full-year core revenue growth from "high teens" to "approximately 20%."
As you can see below, the life sciences and diagnostics segments continue a powerful run, boosted by the pandemic (more on that in a moment), and the environmental and applied solutions (EAS) business is also back in growth mode. For reference, life sciences contributed $2.3 billion of operating profit in the first half compared to $1.3 billion from diagnostics and $565 million from EAS.
EAS is a collection of water quality and product ID businesses. During the earnings call, CEO Rainer Blair noted that both business platforms grew strongly in the quarter as the reopening of the economy increased sales and order rates as customers were investing in "larger projects" again.
Non-COVID-19 growth is strong too
The burning question on everybody's lips is, what kind of growth rate can investors expect after the pandemic? To help answer it, Danaher's management breaks out its guidance into COVID-19 related revenue and its "base business." As noted earlier, the full-year core revenue growth guidance was raised to "approximately 20%."
Going into more detail on the matter, Blair said "We anticipate that COVID related revenue tailwinds will be an approximately 10% contribution to the core revenue growth rate, and in our base business, we now expect that core revenue will be up 10% for the full year, an increase from our prior expectation of high single-digit."
In other words, the ramp up in the guidance primarily comes down to an increase in the guidance from the base business. That bodes well for Danaher's post-pandemic growth prospects.
The pandemic has structurally enhanced Danaher's growth
This is a subtle and critical point to understand. It's not just that the pandemic provided a temporary boost to Danaher's prospects. In life sciences, the investment made worldwide in vaccine and therapeutic science to combat the coronavirus is likely to spill out into broader-based research that can benefit Danaher for years to come.
Meanwhile, Blair outlined that monoclonal antibody-based therapies in development have increased 50% "from just five years ago." Turning back to COVID-19, there's always the possibility that a third booster shot and wide-scale vaccination of children will provide a near-term boost to Danaher's sales.
Danaher has increased its installed base of diagnostic platforms by over 40% since the pandemic started. That's important because the diagnostics business works based on the "razor/razor blade" business model. In other words, more platform sales lead to more opportunities for Danaher to sell new tests into the installed base. For example, Blair pointed out that assays (tests) for sexual health and hospital-acquired infections were up 30% in the second quarter. Also, Danaher is continually working on new assays.
Danaher is ramping up capital spending from $790 million in 2020 to around $1.5 billion in 2021, partly to build on the growth in assay development and fuel growth in the Cytiva biopharma business bought from General Electric in 2020.
Is Danaher a buy?
The exciting thing about Danaher's valuation is that it trades on roughly the same enterprise value (market cap plus net debt)-to-earnings before interest, taxation, depreciation, and amortization (EBITDA) valuation as it did before the pandemic started.
Therefore, if you believe in relative valuations, then Danaher is an attractive stock because the pandemic has enhanced its long-term growth potential. On the other hand, it's still a pretty hefty valuation to trade on, and cautious investors might want to wait for a dip to buy into a very attractive company.
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bar1080
4 년 전
Danaher Significant Payout Increase.
"DHR designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The company operates in the Life Sciences, Diagnostics, Dental, and Environmental & Applied Solutions segments. DHR was founded in 1969 and is headquartered in Washington, the District of Columbia.
On Feb 23, DHR declared a quarterly dividend of 21¢ per share.
This is an increase of 16.67% from the prior dividend of 18¢.
Payable Apr 30, to shareholders of record on Mar 26; ex-div: Mar 25."
https://seekingalpha.com/article/4410154-dividend-increases-february-20minus-26-2021
bar1080
4 년 전
DHR 5-Year Q Div History, and spinoff
Date Dividends
Sep 25, 2020 0.18 Dividend
Jun 25, 2020 0.18 Dividend
Mar 26, 2020 0.18 Dividend
Dec 26, 2019 0.17 Dividend
Sep 26, 2019 0.17 Dividend
Jun 27, 2019 0.17 Dividend
Mar 28, 2019 0.17 Dividend
Dec 27, 2018 0.16 Dividend
Sep 27, 2018 0.16 Dividend
Jun 28, 2018 0.16 Dividend
Mar 28, 2018 0.16 Dividend
Dec 28, 2017 0.14 Dividend
Sep 28, 2017 0.14 Dividend
Jun 28, 2017 0.14 Dividend
Mar 29, 2017 0.14 Dividend
Dec 28, 2016 0.125 Dividend
Sep 28, 2016 0.125 Dividend
Jul 05, 2016 24.56 Dividend spinoff of Fortive stock
Jun 01, 2016 0.16 Dividend
Mar 23, 2016 0.16 Dividend
Mar 22, 2016 0.16 Dividend
Dec 17, 2015 0.135 Dividend
WASHINGTON, June 1, 2016 /PRNewswire/ -- Danaher Corporation (NYSE: DHR) today declared a pro rata dividend of all of the common stock of Fortive Corporation to Danaher stockholders of record as of the close of business on June 15, 2016 (the "Record Date"). The dividend is payable on July 2, 2016 ("Distribution Date") in connection with the previously announced separation of Danaher's existing Test & Measurement segment, Industrial Technologies segment (excluding the Product Identification platform) and Retail/Commercial Petroleum platform through the planned spin-off of Fortive. As a result of the dividend, Danaher stockholders will receive one share of Fortive common stock for every two shares of Danaher common stock they hold on the Record Date