Ramsay Health Care (ASX:RHC) Dividend Payout Ratio : 0.43 (As of Dec. 2023)

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What is Ramsay Health Care Dividend Payout Ratio?

Ramsay Health Care's dividend payout ratio for the months ended in Dec. 2023 was 0.43.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ramsay Health Care Ltd is 0.82, which seems too high.

The historical rank and industry rank for Ramsay Health Care's Dividend Payout Ratio or its related term are showing as below:

ASX:RHC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.24 Med: 0.53 Max: 1.27
Current: 0.82

During the past 13 years, the highest Dividend Payout Ratio of Ramsay Health Care was 1.27. The lowest was 0.24. And the median was 0.53.

ASX:RHC's Dividend Payout Ratio is ranked worse than
81.33% of 225 companies
in the Healthcare Providers & Services industry
Industry Median: 0.38 vs ASX:RHC: 0.82

As of today (2024-04-26), the Dividend Yield % of Ramsay Health Care is 1.24%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Ramsay Health Care was 2.88%. The lowest was 0.57%. And the median was 1.79%.

Ramsay Health Care's Dividends per Share for the 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.

Ramsay Health Care Dividend Payout Ratio Historical Data

The historical data trend for Ramsay Health Care'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.

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Ramsay Health Care Dividend Payout Ratio Chart

Ramsay Health Care Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

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0.51

0.99

0.24

1.27

0.82

Ramsay Health Care Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															1.52	1.00	0.59	1.50	0.43

Competitive Comparison of Ramsay Health Care's Dividend Payout Ratio

For the Medical Care Facilities subindustry, Ramsay Health Care'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.

Ramsay Health Care's Dividend Payout Ratio Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Ramsay Health Care's Dividend Payout Ratio falls into.

Ramsay Health Care Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Ramsay Health Care's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	0.985	/	1.197
	=	0.82

Ramsay Health Care's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.25	/	0.576
	=	0.43

Ramsay Health Care (ASX:RHC) Dividend Payout Ratio Explanation

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.

Ramsay Health Care Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Ramsay Health Care's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Ramsay Health Care (ASX:RHC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Ramsay Health Care Ltd (ASX:RHC) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

RMYHY:USA RMSYF:USA RMY:Germany RHCPA.PFD:Australia

Address

126 Phillip Street, Suite 18.03, Level 18, Deutsche Bank Place, Sydney, NSW, AUS, 2000

Website

https://www.ramsayhealth.com

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.

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