Ramsay Health Care Dividend yield

Ramsay Health Care is part of Health Care Equip. and Services business, which is part of Health Care industry. Ramsay Health Care is a company from Australia, and his stocks are publicly traded.

Ramsay Health Care stock dividend

Ramsay Health Care paid a total dividend of 224 million AUD last year, for a market value of 11,782 millions (Market Cap 9,001 millions). Ramsay Health Care dividend per share is 0.98 AUD, and his stock market price 51.45 AUD.

According to the chart below, where dividend yield is displayed, Ramsay Health Care has a dividend yield of 1.91%, 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 Ramsay Health Care stocks dividend with other Health Care Equip. and Services companies or other of the best Australia dividend stocks list.

Ramsay Health Care Dividend Payout

About the ability of Ramsay Health Care to maintain his current dividend of AUD 0.98 per share, an amount that accounts for 1.91%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Ramsay Health Care payout on ernings is currently 67.12%, which is higher than the market average, and companies of Health Care industry, which are 39.34% and 23.54% respectively. Both figures show that Ramsay Health Care can have problems to keep with his present dividend yield.

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 Ramsay Health Care is AUD 5.65 per share, which is higher than the dividend per share paid by the company of AUD 0.98, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Ramsay Health Care, compared againt world market average, Australia companies, Health Care industry and Health Care Equip. and Services sector companies.

Ramsay Health Care Dividend History

Below you will find a table with the historical evolution of Ramsay Health Care's dividend stock, both in percentage and in AUD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	AUD	Paypout	Shares*
Present	1.91%	0.98	67.12%	229
2022	1.50%	0.97	73.48%	229
2021	2.12%	1.52	75.25%	229
2020	2.48%	1.54	108.45%	229
2019	2.09%	1.52	54.87%	202
2018	2.49%	1.44	73.47%	202
2017	1.92%	1.35	54.88%	202
2016	1.68%	1.19	52.19%	202
2015	1.51%	1.01	52.60%	202

*In millions

Then you can see the evolution of Ramsay Health Care dividend stock, and compare it with the average of Australia stocks and that of the Health Care Equip. and Services stocks.

Ramsay Health Care Stock performance

Finally, last moth Ramsay Health Care showed a return of -12.70% compared to a worldwide -2.49% average, and a -2.07% of Health Care firms. Over the last year, the company obtained a -28.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Australia and Health Care Equip. and Services firms.