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Third Age Health Services (NZSE:TAH) Dividend Yield % : 8.85% (As of Jun. 06, 2024)


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What is Third Age Health Services Dividend Yield %?

As of today (2024-06-06), the Trailing Annual Dividend Yield of Third Age Health Services is 8.85%.

Good Sign:

Third Age Health Services Ltd stock dividend yield is close to 3-year high.

The historical rank and industry rank for Third Age Health Services's Dividend Yield % or its related term are showing as below:

NZSE:TAH' s Dividend Yield % Range Over the Past 10 Years
Min: 2.96   Med: 4.28   Max: 8.85
Current: 8.85

During the past 4 years, the highest Dividend Yield of Third Age Health Services was 8.85%. The lowest was 2.96%. And the median was 4.28%.

NZSE:TAH's Dividend Yield % is ranked better than
95.13% of 267 companies
in the Healthcare Providers & Services industry
Industry Median: 1.93 vs NZSE:TAH: 8.85

Third Age Health Services's Dividend Payout Ratio for the six months ended in Mar. 2024 was 0.68.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Third Age Health Services Ltd is 0.71, which seems too high.

During the past 4 years, the highest Dividend Payout Ratio of Third Age Health Services was 1.48. The lowest was 0.71. And the median was 0.72.

As of today (2024-06-06), the Forward Dividend Yield % of Third Age Health Services is 8.85%.

Third Age Health Services's Dividends per Share for the six months ended in Mar. 2024 was NZ$0.06.

During the past 12 months, Third Age Health Services's average Dividends Per Share Growth Rate was 52.30% per year.

The growth rate is calculated with least square regression.

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


Third Age Health Services Dividend Yield % Historical Data

The historical data trend for Third Age Health Services's Dividend Yield % 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.

Third Age Health Services Dividend Yield % Chart

Third Age Health Services Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Dividend Yield %
- 2.97 4.06 5.87

Third Age Health Services Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Dividend Yield % Get a 7-Day Free Trial 2.97 4.35 4.06 4.29 5.87

Competitive Comparison of Third Age Health Services's Dividend Yield %

For the Medical Care Facilities subindustry, Third Age Health Services's Dividend Yield %, along with its competitors' market caps and 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.


Third Age Health Services's Dividend Yield % Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Third Age Health Services's Dividend Yield % falls into.



Third Age Health Services Dividend Yield % Calculation

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

Third Age Health Services Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
NZD 0.0279522024-05-312024-06-042024-06-17Cash DividendquarterlyNZD:NZD 1.000000
NZD 0.0331382024-02-072024-02-082024-02-20Cash DividendquarterlyNZD:NZD 1.000000
NZD 0.0233892023-11-072023-11-082023-11-20Cash DividendquarterlyNZD:NZD 1.000000
NZD 0.0162492023-08-082023-08-092023-08-21Cash DividendquarterlyNZD:NZD 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.

Third Age Health Services's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.100728/1.43
=7.04 %

Current Share Price is NZ$1.43.
Third Age Health Services's Dividends per Share for the trailing twelve months (TTM) ended in Today is NZ$0.100728.

Third Age Health Services's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.111808/1.43
=7.82 %

Current Share Price is NZ$1.43.
Third Age Health Services's Dividends per Share for the forward twelve months is calculated as NZ$0.027952 * 4 = NZ$0.111808.

* 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.


Third Age Health Services  (NZSE:TAH) 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.


Third Age Health Services Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Third Age Health Services's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Third Age Health Services (NZSE:TAH) Business Description

Traded in Other Exchanges
N/A
Address
536 Kennedy Road, Greenmeadows, Napier, NZL, 4112
Third Age Health Services Ltd is engaged in providing health care services to older adults residing in Aged Residential Care. Its services include 24/7 access to a doctor, Regular, scheduled rounds by a Practitioner, and Guaranteed locum cover.

Third Age Health Services (NZSE:TAH) Headlines