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Should You Buy Zimmer Biomet Holdings, Inc. (NYSE:ZBH) For Its Upcoming Dividend?
Zimmer Biomet Holdings (NYSE: ZBH) is set to trade ex-dividend shortly, with a payment of US$0.24 per share, resulting in a trailing yield of 1.1%. The company demonstrates strong dividend sustainability, paying out a modest 27% of earnings and 17% of free cash flow, alongside robust earnings per share growth of 18% over the past five years. This combination of growth, conservative payout ratios, and dividend increases suggests ZBH could be an attractive option for dividend-focused investors.