STERIS PLC (STE) Dividends & Splits

STERIS PLC (STE) offers dividends to its shareholders as a way to distribute profits. Dividends are payments made by the company to its shareholders on a regular basis. The dividend yield is a measure of the annual dividend payments relative to the stock's price. It can be calculated by dividing the annual dividend by the stock's current price. The payout ratio is the percentage of the company's earnings that are paid out as dividends. A lower payout ratio indicates that the company is retaining more of its earnings for other purposes.

On the ex-dividend date, the stock begins trading without the dividend. This means that shareholders who buy the stock on or after this date will not receive the upcoming dividend payment. A stock split is a corporate action that increases the number of shares outstanding while proportionally decreasing the stock's price. The split multiple is the ratio by which the shares are split. For example, a 2-for-1 split would double the number of shares and halve the price. The dividend amount per share is the total dividend payment divided by the number of shares outstanding.