Sonic Healthcare Dividend yield

Sonic Healthcare is part of Health Care Equip. 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 stock dividend

Sonic Healthcare paid a total dividend of 479 million AUD last year, for a market value of 15,115 millions (Market Cap 14,368 millions). Sonic Healthcare dividend per share is 1.02 AUD, and his stock market price 32.16 AUD.

According to the chart below, where dividend yield is displayed, Sonic Healthcare has a dividend yield of 3.17%, 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 Sonic Healthcare stocks dividend with other Health Care Equip. and Services companies or other of the high Australia dividend stocks list.

Sonic Healthcare Dividend Payout

About the ability of Sonic Healthcare to maintain his current dividend of AUD 1.02 per share, an amount that accounts for 3.17%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sonic Healthcare payout on ernings is currently 63.35%, 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 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 3.12 per share, which is higher than the dividend per share paid by the company of AUD 1.02, 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 Equip. and Services sector companies.

Sonic Healthcare Dividend History

Below you will find a table with the historical evolution of Sonic Healthcare'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	3.17%	1.02	63.35%	470
2022	3.34%	1.00	31.35%	480
2021	1.95%	0.91	31.38%	478
2020	2.64%	0.85	68.00%	475
2019	2.92%	0.84	64.62%	474
2018	3.66%	0.81	71.05%	455
2017	3.37%	0.77	66.96%	419
2016	3.39%	0.74	60.66%	413
2015	3.44%	0.70	72.16%	402

*In millions

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

Sonic Healthcare Stock performance

Finally, last moth Sonic Healthcare showed a return of -8.50% compared to a worldwide -2.49% average, and a -2.07% of Health Care firms. Over the last year, the company obtained a -5.40% 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.