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Netcare (STU:NH7) Forward Dividend Yield % : 5.81% (As of May. 26, 2024)


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What is Netcare Forward Dividend Yield %?

As of today (2024-05-26), the Forward Annual Dividend Yield of Netcare is 5.81%.

As of today (2024-05-26), the Trailing Annual Dividend Yield of Netcare is 6.07%.

STU:NH7's Forward Dividend Yield % is ranked better than
85.55% of 263 companies
in the Healthcare Providers & Services industry
Industry Median: 2.32 vs STU:NH7: 5.81

Netcare's Dividends per Share for the six months ended in Mar. 2024 was €0.02.

During the past 12 months, Netcare's average Dividends Per Share Growth Rate was 30.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -2.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Netcare was 19.00% per year. The lowest was -20.40% per year. And the median was 10.40% 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 Netcare's Forward Dividend Yield %

For the Medical Care Facilities subindustry, Netcare'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.


Netcare's Forward Dividend Yield % Distribution in the Healthcare Providers & Services Industry

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

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



Netcare Forward Dividend Yield % Calculation

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

Netcare Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
ZAR 0.3500002024-01-242024-01-262024-01-29Cash Dividendsemi-annuallyZAR:EUR 0.048815
ZAR 0.3000002023-07-122023-07-142023-07-17Cash Dividendsemi-annuallyZAR:EUR 0.049834

* 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.

Netcare's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.0341705/0.525
=6.51 %

Current Share Price is €0.525.
Netcare's Dividends per Share for the forward twelve months is calculated as €0.01708525 * 2 = €0.0341705.

Netcare's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.03203545/0.525
=6.10 %

Current Share Price is €0.525.
Netcare's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.03203545.

* 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.


Netcare  (STU:NH7) 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.


Netcare Forward Dividend Yield % Related Terms

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Netcare (STU:NH7) Business Description

Traded in Other Exchanges
Address
76 Maude Street, Corner West Street, Sandton, Johannesburg, GT, ZAF, 2196
Netcare Ltd operates a network of hospitals in South Africa. Its network also includes emergency, cancer care, diagnostic support, primary care, and renal care services as well as occupational health and wellness services. The firm operates in two segments: Hospital and emergency services and Primary Care. The Hospital and emergency services segment contributes to majority of the firm's revenue. Netcare's services include Netcare appointmed TM, Netcare Cancer Care, Netcare Family Connect Line, Netcare Occupational Health and Netcare Pharmacy.

Netcare (STU:NH7) Headlines

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