Bio-Techne (TECH) Dividend Coverage Ratio (2009 - 2026)
Bio-Techne's Dividend Coverage Ratio came in at 4.38 for fiscal Q4 2026 (quarter ended Jun 30, 2026), compared with -1.43 a year earlier and up 7.3% from the prior quarter.
Bio-Techne (TECH) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Bio-Techne's Dividend Coverage Ratio was 3.64, up 150.1% from FY2025.
- Going back by fiscal year, Dividend Coverage Ratio was 1.46 in FY2025 (-56.3%), 3.33 in FY2024 (-41.2%), 5.67 in FY2023 (+4.6%) and 5.42 in FY2022 (+91.6%).
- The fiscal Q4 2026 figure represents the highest quarterly Dividend Coverage Ratio since fiscal Q4 2023.
- Year-over-year, Dividend Coverage Ratio increased in four of the last six quarters, with growth averaging 15.2%.
- The fastest year-over-year change in Dividend Coverage Ratio over five years came in fiscal Q4 2022 (growth of 308.3%), and the weakest in fiscal Q3 2025 (a decline of 54.0%).
- Business Quant data shows TECH's Dividend Coverage Ratio at 4.08 (Q3 2026), 3.05 (Q2 2026) and 3.07 (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 9.92 |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 0.84 |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | - |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | - |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 1.60 |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | - |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | - |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | - |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | - |
| 10 | Bio-Techne | 11.32 Bn | 10.53 Bn | 211.39 Mn | 4.38 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.38 |
| Mar 31, 2026 | 4.08 |
| Dec 31, 2025 | 3.05 |
| Sep 30, 2025 | 3.07 |
| Jun 30, 2025 | -1.43 |
| Mar 31, 2025 | 1.80 |
| Dec 31, 2024 | 2.74 |
| Sep 30, 2024 | 2.65 |
| Jun 30, 2024 | 3.21 |
| Mar 31, 2024 | 3.90 |
| Dec 31, 2023 | 2.19 |
| Sep 30, 2023 | 4.03 |
| Jun 30, 2023 | 5.99 |
| Mar 31, 2023 | 5.58 |
| Dec 31, 2022 | 3.98 |
| Sep 30, 2022 | 7.14 |
| Jun 30, 2022 | 4.91 |
| Mar 31, 2022 | 4.83 |
| Dec 31, 2021 | 6.38 |
| Sep 30, 2021 | 5.57 |
Bio-Techne Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=TECH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "TECH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=TECH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();