Polar Capital Global Healthcare Trust (LSE:PCGH) Dividend Payout Ratio: 0.04 (As of Mar. 2026) — 56% Below Median


LSE:PCGH Polar Capital Global Healthcare Trust PLC LSE:PCGH
54 GF Score
Price £4.45
GF Value £9.07
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Polar Capital Global Healthcare Trust Dividend Payout Ratio?

Polar Capital Global Healthcare Trust LSE:PCGH -0.34% 54 Dividend Payout Ratio is 0.04 as of Mar. 2026, which is 56% below its 10-year median of 0.09. GuruFocus rates LSE:PCGH with a GF Score™ of 54/100 and a GF Value™ of £9.07 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 931 Asset Management companies, Polar Capital Global Healthcare Trust ranks better than 97.64% on this metric.

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. Polar Capital Global Healthcare Trust's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.04.

The historical rank and industry rank for Polar Capital Global Healthcare Trust's Dividend Payout Ratio or its related term are showing as below:

LSE:PCGH' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.09   Max: 2
Current: 0.05


During the past 13 years, the highest Dividend Payout Ratio of Polar Capital Global Healthcare Trust was 2.00. The lowest was 0.04. And the median was 0.09.

LSE:PCGH's Dividend Payout Ratio is ranked better than
97.64% of 931 companies
in the Asset Management industry
Industry Median: 0.7 vs LSE:PCGH: 0.05

As of today (2026-07-02), the Dividend Yield % of Polar Capital Global Healthcare Trust is 0.49%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Polar Capital Global Healthcare Trust was 2.23%. The lowest was 0.49%. And the median was 0.79%.

Polar Capital Global Healthcare Trust's Dividends per Share for the months ended in Mar. 2026 was £0.01.

During the past 12 months, Polar Capital Global Healthcare Trust's average Dividends Per Share Growth Rate was -8.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -4.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Polar Capital Global Healthcare Trust was 6.60% per year. The lowest was -20.60% per year. And the median was 0.00% 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.


Polar Capital Global Healthcare Trust (LSE:PCGH) 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.


Polar Capital Global Healthcare Trust Dividend Payout Ratio Related Terms


Polar Capital Global Healthcare Trust Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Polar Capital Global Healthcare Trust'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.

Polar Capital Global Healthcare Trust Dividend Payout Ratio Chart

Polar Capital Global Healthcare Trust Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.11 0.15 0.05 0.00

Polar Capital Global Healthcare Trust Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.00 0.00 0.07 0.04

LSE:PCGH vs BLK, BX, KKR: Dividend Payout Ratio Comparison

For the Asset Management subindustry, Polar Capital Global Healthcare Trust'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.


Polar Capital Global Healthcare Trust Dividend Payout Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Polar Capital Global Healthcare Trust's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Polar Capital Global Healthcare Trust's Dividend Payout Ratio falls into.


LSE:PCGH
54GF Score
Polar Capital Global Healthcare Trust PLC LSE:PCGH
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polar Capital Global Healthcare Trust Dividend Payout Ratio Calculation

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.

Polar Capital Global Healthcare Trust's Dividend Payout Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Sep. 2025 )/ EPS without NRI (A: Sep. 2025 )
=0.024/ -0.231
=N/A

Polar Capital Global Healthcare Trust's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0.01/ 0.244
=0.04

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.04 mean?
Polar Capital Global Healthcare Trust (LSE:PCGH) has a Dividend Payout Ratio of 0.04 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Polar Capital Global Healthcare Trust and its competitors. This is 56% below median its historical median of 0.09. Over the past decade, Polar Capital Global Healthcare Trust's Dividend Payout Ratio has ranged from 0.04 to 2.00. According to the industry distribution chart, Polar Capital Global Healthcare Trust ranks #22 out of 931 companies in the Asset Management industry, placing it in the top 2.4%.
Is Polar Capital Global Healthcare Trust's Dividend Payout Ratio too high?
Polar Capital Global Healthcare Trust's current Dividend Payout Ratio of 0.04 is 56% below median its 10-year median of 0.09. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 2.00. The Asset Management industry median Dividend Payout Ratio is 0.70. Polar Capital Global Healthcare Trust's value of 0.04 is 94.3% below this industry median. Based on the distribution chart, Polar Capital Global Healthcare Trust ranks #22 out of 931 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Polar Capital Global Healthcare Trust has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Polar Capital Global Healthcare Trust's Dividend Payout Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Polar Capital Global Healthcare Trust ranks #22 out of 931 companies for Dividend Payout Ratio. This places Polar Capital Global Healthcare Trust in the top 2% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.70. Polar Capital Global Healthcare Trust's value of 0.04 is 94.3% below this benchmark. Historically, Polar Capital Global Healthcare Trust's own Dividend Payout Ratio has ranged from 0.04 to 2.00 over the past decade. While the company's 10-year median is 0.09 vs. the industry median of 0.70, Polar Capital Global Healthcare Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Asset Management company?
The median Dividend Payout Ratio among Asset Management companies is 0.70, based on 931 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Polar Capital Global Healthcare Trust's current Dividend Payout Ratio of 0.04 is 94.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Polar Capital Global Healthcare Trust and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polar Capital Global Healthcare Trust's current Dividend Payout Ratio is 0.04, which is 56% below median its own 10-year median of 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polar Capital Global Healthcare Trust stock overvalued right now?
Based on GuruFocus' analysis, Polar Capital Global Healthcare Trust (LSE:PCGH) is currently considered Significantly Undervalued. The stock's GF Value™ is £9.07, compared to a current price of £4.45 — trading 51% below its estimated fair value. The current Dividend Payout Ratio is 0.04, which is 56% below median its 10-year median of 0.09 and 94.3% below the Asset Management industry median of 0.70. Polar Capital Global Healthcare Trust's overall GF Score™ is 54/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Polar Capital Global Healthcare Trust (LSE:PCGH), the current Dividend Payout Ratio is 0.04 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Polar Capital Global Healthcare Trust (LSE:PCGH) Overvalued in 2026?

Based on GuruFocus' analysis, Polar Capital Global Healthcare Trust stock appears to be undervalued. The current stock price of £4.45 is trading 51% below its estimated GF Value™ of £9.07. GuruFocus considers Polar Capital Global Healthcare Trust to be Significantly Undervalued.

Key valuation signals for LSE:PCGH:

  • Dividend Payout Ratio: 0.04 (56% below median its 10-year median of 0.09)
  • GF Value™: £9.07 vs. price of £4.45 (51% below fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 94.3% below the Asset Management median (#22 of 931)

No single metric tells the full story. See the LSE:PCGH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Polar Capital Global Healthcare Trust Business Description

Address 16 Palace Street, London, GBR, SW1E 5JD
Polar Capital Global Healthcare Trust PLC is a United Kingdom-based investment trust company. The company's investment objective is the generation of capital growth through investments in a portfolio of healthcare stocks. The purpose of the company is to provide an investment vehicle for investors which aims to deliver long term capital growth to shareholders from a range of diversified healthcare stocks.
54GF Score

Get the complete analysis for LSE:PCGH

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£4.45
Price
£9.07
GF Value