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Netcare (Netcare) 3-Year Dividend Growth Rate : -2.10% (As of Sep. 2023)


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What is Netcare 3-Year Dividend Growth Rate?

Netcare's Dividends per Share for the six months ended in Sep. 2023 was $0.15.

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

NWKHY' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -20.4   Med: 10.4   Max: 19
Current: -2.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Netcare was 19.00% per year. The lowest was -20.40% per year. And the median was 10.40% per year.

NWKHY's 3-Year Dividend Growth Rate is ranked worse than
79.33% of 150 companies
in the Healthcare Providers & Services industry
Industry Median: 12.9 vs NWKHY: -2.10

During the past 12 months, Netcare's average Dividends Per Share Growth Rate was 11.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -2.10% 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.

Netcare's Dividend Payout Ratio for the six months ended in Sep. 2023 was 0.50. As of today, Netcare's Dividend Yield % is 5.86%.

Good Sign:

Netcare Ltd stock dividend yield is close to 3-year high.

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


Competitive Comparison of Netcare's 3-Year Dividend Growth Rate

For the Medical Care Facilities subindustry, Netcare'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.


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

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

* The bar in red indicates where Netcare's 3-Year Dividend Growth Rate falls into.



Netcare 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.


Netcare  (OTCPK:NWKHY) 3-Year Dividend Growth Rate Explanation

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

Netcare'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 )
=0.154/ 0.308
=0.50

During the past 13 years, the highest Dividend Payout Ratio of Netcare was 1.98. The lowest was 0.46. And the median was 0.63.

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

Netcare Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1860002024-02-012024-02-022024-02-12Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 0.1650002023-07-132023-07-142023-08-01Cash Dividendsemi-annuallyUSD:USD 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.

Netcare's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.351/6.00
=5.85 %

Current Share Price is $6.00.
Netcare's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.351.

During the past 13 years, the highest Dividend Yield of Netcare was 8.66%. The lowest was 1.69%. And the median was 3.65%.

Good Sign:

Netcare 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.


Netcare 3-Year Dividend Growth Rate Related Terms>


Netcare (Netcare) Business Description

Traded in Other Exchanges
Address
76 Maude Street, Corner West Street, Sandton, Johannesburg, GT, ZAF, 2196
Netcare Ltd operates a network of hospitals in South Africa. Its network also includes emergency, cancer care, diagnostic support, primary care, and renal care services as well as occupational health and wellness services. The firm operates in two segments: Hospital and emergency services and Primary Care. The Hospital and emergency services segment contributes to majority of the firm's revenue. Netcare's services include Netcare appointmed TM, Netcare Cancer Care, Netcare Family Connect Line, Netcare Occupational Health and Netcare Pharmacy.

Netcare (Netcare) Headlines

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