08-31-2023
| ZAR/share | |
| Price | 21.47 |
| Dividend | 0.42 |
| Earnings | 1.42 |
| Cash-flow | 2.44 |
| Book value | 12.63 |
| Equity | 12.57 |
Life Healthcare Grou is part of Health Care Equip. and Services business, which is part of Health Care industry. Life Healthcare Grou is a company from South Africa, and his stocks are publicly traded.
Life Healthcare Grou stock dividend
Life Healthcare Grou paid a total dividend of 616 million ZAR last year, for a market value of 31,496 millions (Market Cap 29,440 millions). Life Healthcare Grou dividend per share is 0.42 ZAR, and his stock market price 21.47 ZAR.
According to the chart below, where dividend yield is displayed, Life Healthcare Grou has a dividend yield of 1.96%, which is lower than the amount offered by the market average , but bigger than Health Care industry. Dividend yields are similar among companies from the same industry, so it is a positive sign for the company.
In addition, you should compare Life Healthcare Grou stocks dividend with other Health Care Equip. and Services companies or other of the best South Africa dividend stocks list.
Life Healthcare Grou Dividend Payout
About the ability of Life Healthcare Grou to maintain his current dividend of ZAR 0.42 per share, an amount that accounts for 1.96%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Life Healthcare Grou payout on ernings is currently 29.58%, which is lower than the market average, but higher than companies of Health Care industry, which are 39.34% and 23.54% respectively. Both figures show that Life Healthcare Grou is in a good position to keep maintaining his 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 Life Healthcare Grou is ZAR 2.44 per share, which is higher than the dividend per share paid by the company of ZAR 0.42, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Life Healthcare Grou, compared againt world market average, South Africa companies, Health Care industry and Health Care Equip. and Services sector companies.
Life Healthcare Grou Dividend History
Below you will find a table with the historical evolution of Life Healthcare Grou's dividend stock, both in percentage and in ZAR, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
| Year | Yield | ZAR | Paypout | Shares* |
| Present | 1.96% | 0.42 | 29.58% | 1,467 |
| 2022 | 2.37% | 0.40 | 28.17% | 1,467 |
| 2021 | 1.04% | 0.25 | 16.03% | 1,467 |
| 2020 | 5.53% | 0.93 | 265.71% | 1,467 |
| 2019 | 3.77% | 0.93 | 43.46% | 1,467 |
| 2018 | 3.33% | 0.88 | 61.11% | 1,464 |
| 2017 | 1.26% | 0.35 | 40.23% | 1,441 |
| 2016 | 4.51% | 1.40 | 83.83% | 1,058 |
| 2015 | 4.09% | 1.46 | 76.44% | 1,042 |
*In millions
Then you can see the evolution of Life Healthcare Grou dividend stock, and compare it with the average of South Africa stocks and that of the Health Care Equip. and Services stocks.
Life Healthcare Grou Stock performance
Finally, last moth Life Healthcare Grou showed a return of 3.10% compared to a worldwide -2.49% average, and a -2.07% of Health Care firms. Over the last year, the company obtained a 7.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for South Africa and Health Care Equip. and Services firms.
