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Ramsay Health Care (ASX:RHC) Forward Dividend Yield % : 1.55% (As of Apr. 27, 2024)


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What is Ramsay Health Care Forward Dividend Yield %?

As of today (2024-04-27), the Forward Annual Dividend Yield of Ramsay Health Care is 1.55%.

As of today (2024-04-27), the Trailing Annual Dividend Yield of Ramsay Health Care is 1.26%.

ASX:RHC's Forward Dividend Yield % is ranked worse than
66.28% of 261 companies
in the Healthcare Providers & Services industry
Industry Median: 2.3 vs ASX:RHC: 1.55

Ramsay Health Care's Dividends per Share for the six months ended in Dec. 2023 was A$0.25.

During the past 12 months, Ramsay Health Care's average Dividends Per Share Growth Rate was -22.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -13.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -7.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ramsay Health Care was 38.10% per year. The lowest was -29.60% per year. And the median was 16.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Ramsay Health Care's Forward Dividend Yield %

For the Medical Care Facilities subindustry, Ramsay Health Care's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ramsay Health Care's Forward Dividend Yield % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ramsay Health Care's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Ramsay Health Care's Forward Dividend Yield % falls into.



Ramsay Health Care Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Ramsay Health Care Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.4002024-03-112024-03-122024-04-05Cash Dividendsemi-annuallyAUD:AUD 1.000000
AUD 0.2502023-09-062023-09-072023-09-29Cash Dividendsemi-annuallyAUD:AUD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Ramsay Health Care's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.8/51.46
=1.55 %

Current Share Price is A$51.46.
Ramsay Health Care's Dividends per Share for the forward twelve months is calculated as A$0.4 * 2 = A$0.8.

Ramsay Health Care's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.65/51.46
=1.26 %

Current Share Price is A$51.46.
Ramsay Health Care's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.65.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ramsay Health Care  (ASX:RHC) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Ramsay Health Care Forward Dividend Yield % Related Terms

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Ramsay Health Care (ASX:RHC) Business Description

Address
126 Phillip Street, Suite 18.03, Level 18, Deutsche Bank Place, Sydney, NSW, AUS, 2000
Ramsay Health Care is one of the largest private healthcare providers in the world, with over 460 facilities across 10 countries. The key markets in which it operates are Australia, France, the U.K., and Sweden. It is the largest private hospital group in each of these markets except for the U.K. where it ranks fifth. Ramsay Sante, which operates the European regions other than the U.K., is a 52.5%-owned subsidiary of Ramsay Health Care. The company typically earns about 60% of consolidated earnings in Australia and 30% in France. Ramsay Health Care undertakes both private and publicly funded healthcare.

Ramsay Health Care (ASX:RHC) Headlines

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