Australian Clinical Labs (ASX:ACL) Dividend Payout Ratio : 0.32 (As of Jun. 2024)

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What is Australian Clinical Labs Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Australian Clinical Labs's Dividend Payout Ratio for the months ended in Jun. 2024 was 0.32.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Australian Clinical Labs Ltd is 0.75, which seems too high.

The historical rank and industry rank for Australian Clinical Labs's Dividend Payout Ratio or its related term are showing as below:

ASX:ACL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.83 Max: 2.68
Current: 0.75

During the past 5 years, the highest Dividend Payout Ratio of Australian Clinical Labs was 2.68. The lowest was 0.14. And the median was 0.83.

ASX:ACL's Dividend Payout Ratio is ranked worse than
83.93% of 56 companies
in the Medical Diagnostics & Research industry
Industry Median: 0.355 vs ASX:ACL: 0.75

As of today (2024-12-13), the Dividend Yield % of Australian Clinical Labs is 3.47%.

During the past 5 years, the highest Trailing Annual Dividend Yield of Australian Clinical Labs was 21.72%. The lowest was 2.26%. And the median was 3.95%.

Australian Clinical Labs's Dividends per Share for the months ended in Jun. 2024 was A$0.03.

During the past 12 months, Australian Clinical Labs's average Dividends Per Share Growth Rate was -79.20% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Australian Clinical Labs Dividend Payout Ratio Historical Data

The historical data trend for Australian Clinical Labs's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Australian Clinical Labs Dividend Payout Ratio Chart

Australian Clinical Labs Annual Data

Trend

Dec20

Jun21

Jun22

Jun23

Jun24

Dividend Payout Ratio

0.14

2.68

0.83

Australian Clinical Labs Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Dividend Payout Ratio	Get a 7-Day Free Trial			0.50	3.08	1.35	1.84	0.32

Competitive Comparison of Australian Clinical Labs's Dividend Payout Ratio

For the Diagnostics & Research subindustry, Australian Clinical Labs's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Australian Clinical Labs's Dividend Payout Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Australian Clinical Labs's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Australian Clinical Labs's Dividend Payout Ratio falls into.

Australian Clinical Labs Dividend Payout Ratio Calculation

Australian Clinical Labs's Dividend Payout Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2024 )	/	EPS without NRI (A: Jun. 2024 )
	=	0.1	/	0.12
	=	0.83

Australian Clinical Labs's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2024 )	/	EPS without NRI (Q: Jun. 2024 )
	=	0.03	/	0.095
	=	0.32

Australian Clinical Labs (ASX:ACL) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Australian Clinical Labs Dividend Payout Ratio Related Terms

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Australian Clinical Labs Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Australian Clinical Labs Ltd (ASX:ACL) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

1868-1892 Dandenong Road, Clayton, VIC, AUS, 3168

Website

https://www.clinicallabs.com.au

Australian Clinical Labs, or ACL, is Australia's third-largest private pathology provider. ACL earns almost its entire group revenue from pathology services in Australia, which are mostly earned via the publicly funded health Medicare system. ACL is well-established in the states of Western Australia, South Australia, Victoria and the Northern Territory.

Australian Clinical Labs Headlines

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