Sonic Healthcare Dividend yield




   AUD/share 
 Price  35.09
 Dividend  0.87
 Earnings  1.25
 Cash-flow  2.85
 Book value  11.70
 Equity  11.57

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

Sonic Healthcare paid a total dividend of 413 million AUD last year, for a market value of 16,668 millions (Market Cap 16,653 millions). Dividend per share of Sonic Healthcare is 0.87 AUD, and his stock market price 35.09 AUD.

According to the chart below, where dividend yield is displayed, Sonic Healthcare has a dividend yield of 2.48%, which is higher than the amount offered by both the market average and companies from Australia. It is also bigger than average of Health Care industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Sonic Healthcare dividend yield with other Health Care Equipment and Services companies or firms from Australia.

Dividend yield of Sonic Healthcare

Sonic Healthcare Dividend Payout

About the ability of Sonic Healthcare to maintain his current dividend of AUD 0.87 per share, an amount that accounts for 2.48%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sonic Healthcare payout on ernings is currently 69.60%, which is higher than the market average, and companies of Health Care industry, which are 38.17% and 28.58% respectively. Both figures show that Sonic Healthcare 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 Sonic Healthcare is AUD 2.85 per share, which is higher than the dividend per share paid by the company of AUD 0.87, so the company generates enough cash to maintain his dividend in the future.

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

Sonic Healthcare payout

Sonic Healthcare Dividend History

Year Yield  AUD  Paypout  Shares* 
Present2.48%0.8769.60%475
20202.64%0.8568.00%475
20192.92%0.8464.62%474
20183.66%0.8171.05%455
20173.37%0.7766.96%419
20163.39%0.7460.66%413
20153.44%0.7072.16%402

*In millions

Sonic Healthcare Stock performance

Finally, last moth Sonic Healthcare showed a return of 10.60% compared to a worldwide 4.24% average, and a 3.00% of Health Care firms. Over the last year, the company obtained a 44.20% versus a worldwide performance of a 53.49%. More detailed information can be seen in the following graph for Australia and Health Care Equipment and Services firms.

Sonic Healthcare stock and market return