The free dividend tracker to help you grow your wealth. Link your brokerage accounts and MerryDiv automatically syncs your holdings and dividends.
Data last updated: Sep 06, 2026
Snapshot (as of Sep 06, 2026): STERIS plc (STE) pays a $2.58 annual dividend ($0.69 quarterly), yielding 1.15% at $224.59/share. Next ex-dividend date 2026-09-04. 15 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 1.15%
Annual Dividend: $2.58 per share
Payout Ratio: 30.7%
Ex-Dividend Date: 2026-09-04
Dividend Frequency: quarterly
Sector: Healthcare
Years of Dividend History: 22
STERIS plc dividend investors are buying into a healthcare company that makes infection prevention products and services, from surgical tables and lighting to contract sterilization for medical device manufacturers. STE currently yields 1.15%, with a trailing annual dividend rate of $2.58 per share paid quarterly. The next ex-dividend date is September 4, 2026. With a beta of 0.914, STE stock moves slightly less than the broader market, which suits investors who want dividend growth without sharp price swings.
STERIS plc pays out 30.7% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low payout leaves substantial room to sustain and grow the dividend, supported by a business that provides essential infection prevention products and contract sterilization services with recurring demand across healthcare and life sciences. STERIS plc dividend safety benefits from this structure, though any meaningful contraction in healthcare spending or sterilization volumes would put pressure on earnings and, by extension, the dividend.
STERIS plc dividend history shows a CAGR of 9.9% per year from 2011 to 2025. The per-share annual dividend grew from $0.64 to $2.40 over that window (2026 is a partial year and excluded from the growth calculation). The smallest annual increase in the window was 7.8% in 2021, which means even in the slowest year, STE still outpaced most inflation readings. For income investors focused on purchasing power, that floor matters.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +10.1% | $1.80 (2022) | $2.40 (2025) |
| 5-Year | +9.3% | $1.54 (2020) | $2.40 (2025) |
| 10-Year | +9.6% | $0.96 (2015) | $2.40 (2025) |
STE fits growth-and-income investors who want a rising dividend stream from a healthcare business rather than a high starting yield. The current yield is low (below 2%) at 1.15%, and that is above the stock's own 5-year average yield of 0.89%, so the entry yield is actually better than recent norms. The trade-off is straightforward: investors accept a modest income today in exchange for a dividend that has grown at nearly 10% per year over 14 years, backed by a payout ratio that leaves plenty of room for future increases. Income-first investors who need yield now will find STE underwhelming. Those building a growing income stream over time get a different picture.
| Payment Date | Amount per Share |
|---|---|
| 2026-09-04 | $0.6900 |
| 2026-06-08 | $0.6300 |
| 2026-02-17 | $0.6300 |
| 2025-11-18 | $0.6300 |
| 2025-09-04 | $0.6300 |
| 2025-06-10 | $0.5700 |
| 2025-02-20 | $0.5700 |
| 2024-11-19 | $0.5700 |
| 2024-09-05 | $0.5700 |
| 2024-06-12 | $0.5200 |
| Year | Total Dividends |
|---|---|
| 2026 | $1.9500 |
| 2025 | $2.4000 |
| 2024 | $2.1800 |
| 2023 | $1.9800 |
| 2022 | $1.8000 |
Project income from STE with the STE dividend calculator or track your full portfolio with the dividend tracker.