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Third Age Health Services (NZSE:TAH) 3-Year Dividend Growth Rate : 0.00% (As of Sep. 2023)


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What is Third Age Health Services 3-Year Dividend Growth Rate?

Third Age Health Services's Dividends per Share for the six months ended in Sep. 2023 was NZ$0.04.

The historical rank and industry rank for Third Age Health Services's 3-Year Dividend Growth Rate or its related term are showing as below:

NZSE:TAH's 3-Year Dividend Growth Rate is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 13.3
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

During the past 12 months, Third Age Health Services's average Dividends Per Share Growth Rate was -23.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Third Age Health Services's Dividend Payout Ratio for the six months ended in Sep. 2023 was 0.76. As of today, Third Age Health Services's Dividend Yield % is 8.97%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Third Age Health Services Ltd is 1.00, which seems too high.

Good Sign:

Third Age Health Services Ltd stock dividend yield is close to 3-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Third Age Health Services's 3-Year Dividend Growth Rate

For the Medical Care Facilities subindustry, Third Age Health Services's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Third Age Health Services's 3-Year Dividend Growth Rate Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Third Age Health Services's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Third Age Health Services's 3-Year Dividend Growth Rate falls into.



Third Age Health Services 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Third Age Health Services  (NZSE:TAH) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Third Age Health Services's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2023 )/ EPS without NRI (Q: Sep. 2023 )
=0.042/ 0.055
=0.76

During the past 3 years, the highest Dividend Payout Ratio of Third Age Health Services was 1.48. The lowest was 0.71. And the median was 1.09.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Third Age Health Services Ltd is 1.00, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Third Age Health Services Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
NZD 0.0279522024-05-312024-06-042024-06-17Cash DividendquarterlyNZD:NZD 1.000000
NZD 0.0331382024-02-072024-02-082024-02-20Cash DividendquarterlyNZD:NZD 1.000000
NZD 0.0233892023-11-072023-11-082023-11-20Cash DividendquarterlyNZD:NZD 1.000000
NZD 0.0162492023-08-082023-08-092023-08-21Cash DividendquarterlyNZD:NZD 1.000000
NZD 0.0257742023-06-062023-06-072023-06-20Cash Dividendsemi-annuallyNZD:NZD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Third Age Health Services's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.126502/1.41
=8.97 %

Current Share Price is NZ$1.41.
Third Age Health Services's Dividends per Share for the trailing twelve months (TTM) ended in Today is NZ$0.126502.

During the past 3 years, the highest Dividend Yield of Third Age Health Services was 8.97%. The lowest was 2.96%. And the median was 4.22%.

Good Sign:

Third Age Health Services Ltd stock dividend yield is close to 3-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Third Age Health Services 3-Year Dividend Growth Rate Related Terms>


Third Age Health Services (NZSE:TAH) Business Description

Traded in Other Exchanges
N/A
Address
536 Kennedy Road, Greenmeadows, Napier, NZL, 4112
Third Age Health Services Ltd is engaged in providing health care services to older adults residing in Aged Residential Care. Its services include 24/7 access to a doctor, Regular, scheduled rounds by a Practitioner, and Guaranteed locum cover.

Third Age Health Services (NZSE:TAH) Headlines