08-31-2023
| USD/share | |
| Price | 70.45 |
| Dividend | 0.06 |
| Earnings | 5.11 |
| Cash-flow | 4.63 |
| Book value | 20.72 |
| Equity | 28.71 |
GE HealthCare Techno is part of Health Care Equip. and Services business, which is part of Health Care industry. GE HealthCare Techno is a company from USA, and his stocks are publicly traded.
GE HealthCare Techno stock dividend
GE HealthCare Techno paid a total dividend of 27 million USD last year, for a market value of 32,055 millions (Market Cap 27,423 millions). GE HealthCare Techno dividend per share is 0.06 USD, and his stock market price 70.45 USD.
According to the chart below, where dividend yield is displayed, GE HealthCare Techno has a dividend yield of 0.09%, lower than the amount offered by both the market average and companies from USA. It is also lower than average of Health Care industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
In addition, you should compare GE HealthCare Techno stocks dividend with other Health Care Equip. and Services companies or other of the high USA dividend stocks list.
GE HealthCare Techno Dividend Payout
About the ability of GE HealthCare Techno to maintain his current dividend of USD 0.06 per share, an amount that accounts for 0.09%, we should study its payout ratio both on earnings and on cash-flows (see chart below). GE HealthCare Techno payout on ernings is currently 1.17%, which is lower than the market average and companies of Health Care industry, which are 39.34% and 23.54% respectively. Both figures lead us to believe that there is confidence that GE HealthCare Technocan maintain his current dividend.
The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of GE HealthCare Techno is USD 4.63 per share, which is higher than the dividend per share paid by the company of USD 0.06, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of GE HealthCare Techno, compared againt world market average, USA companies, Health Care industry and Health Care Equip. and Services sector companies.
GE HealthCare Techno Stock performance
Finally, last moth GE HealthCare Techno showed a return of -9.70% compared to a worldwide -2.49% average, and a -2.07% of Health Care firms. Over the last year, the company obtained a 0.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Health Care Equip. and Services firms.
