Netcare Dividend yield

 Price  13.24
 Dividend  0.60
 Earnings  0.72
 Cash-flow  1.38
 Book value  6.97
 Equity  6.86

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

Netcare stock dividend

Netcare paid a total dividend of 863 million ZAR last year, for a market value of 19,052 millions (Market Cap 19,042 millions). Netcare dividend per share is 0.60 ZAR, and his stock market price 13.24 ZAR.

According to the chart below, where dividend yield is displayed, Netcare has a dividend yield of 4.53%, which is higher than the amount offered by both the market average and companies from South Africa. 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 Netcare stocks dividend with other Health Care Equip. and Services companies or other of the highest South Africa dividend stocks list.

Dividend yield of Netcare

Netcare Dividend Payout

About the ability of Netcare to maintain his current dividend of ZAR 0.60 per share, an amount that accounts for 4.53%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Netcare payout on ernings is currently 83.33%, 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 Netcare 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 Netcare is ZAR 1.38 per share, which is higher than the dividend per share paid by the company of ZAR 0.60, so the company generates enough cash to maintain his dividend in the future.

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

Netcare payout

Netcare Dividend History

Below you will find a table with the historical evolution of Netcare'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* 

*In millions

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

Netcare stock dividend history

Netcare Stock performance

Finally, last moth Netcare showed a return of -5.40% compared to a worldwide -2.49% average, and a -2.07% of Health Care firms. Over the last year, the company obtained a -10.20% 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.

Netcare stock and market return