Netcare Limited, an investment holding company, operates private hospitals in South Africa. The company operates through Hospital and Emergency Services, and Primary Care segments. The Hospital and Emergency Services segment engages in the hospital and pharmacy operations. Its operations covers its private acute hospital network and day clinics; and non-acute services, including emergency medical services, private mental health clinics operation, and cancer care services, as well as sells healthcare products and vouchers. The Primary Care segment offers healthcare services, and employee health and wellness services, as well as administrative services to medical and dental practices. The company operates through a network of 51 hospitals; 2 public-private partnership hospitals; 10605 registered hospital beds; 10 cancer care centers; 422 theaters; 63 renal dialysis units with 860 dialysis stations; 95 primary healthcare centers; 15 medicross day theaters; 79 netcare 911 emergency sites; 7 netcare training campuses; and 12 mental health and psychiatric clinics with 841 beds. Netcare Limited was incorporated in 1996 and is headquartered in Sandton, South Africa.
Netcare Dividend Announcement
• Netcare announced a semi annually dividend of R30.00 per ordinary share which will be made payable on 2024-07-15. Ex dividend date: 2024-07-10
• Netcare annual dividend for 2024 was R65.00
• Netcare annual dividend for 2023 was R60.00
• Netcare's trailing twelve-month (TTM) dividend yield is 4.31%
• Netcare's payout ratio for the trailing twelve months (TTM) is 67.07%
Netcare Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-10 | R30.00 | semi annually | 2024-07-15 |
| 2024-01-24 | R35.00 | semi annually | 2024-01-29 |
| 2023-07-12 | R30.00 | semi annually | 2023-07-17 |
| 2023-01-25 | R30.00 | semi annually | 2023-01-30 |
| 2022-07-06 | R20.00 | semi annually | 2022-07-11 |
| 2022-01-26 | R34.00 | semi annually | 2022-01-31 |
| 2020-01-22 | R64.00 | semi annually | 2020-01-27 |
| 2019-07-03 | R47.00 | semi annually | 2019-07-08 |
| 2019-01-23 | R40.00 | semi annually | 2019-01-28 |
| 2018-07-04 | R44.00 | semi annually | 2018-07-09 |
| 2018-01-24 | R57.00 | semi annually | 2018-01-29 |
| 2017-07-05 | R38.00 | semi annually | 2017-07-10 |
| 2017-01-25 | R57.00 | semi annually | 2017-01-30 |
| 2016-07-04 | R38.00 | semi annually | |
| 2016-01-25 | R54.00 | semi annually | |
| 2015-06-12 | R38.00 | semi annually | |
| 2015-01-26 | R48.00 | semi annually | |
| 2014-07-14 | R32.00 | semi annually | |
| 2014-01-27 | R40.50 | semi annually | |
| 2013-07-22 | R27.00 | semi annually | |
| 2013-01-28 | R34.00 | semi annually | |
| 2012-07-16 | R22.00 | semi annually | |
| 2012-01-16 | R31.00 | semi annually |
Netcare Dividend per year
Netcare Dividend growth
Netcare Dividend Yield
Netcare current trailing twelve-month (TTM) dividend yield is 4.31%. Interested in purchasing Netcare stock? Use our calculator to estimate your expected dividend yield:
Netcare Financial Ratios
P/E ratio12.21
PEG ratio175.80
P/B ratio1.80
ROE14.81%
Payout ratio67.07%
Current ratio1.20
Quick ratio1.05
Cash Ratio0.29
Netcare Dividend FAQ
How much is the next Netcare dividend?
Netcare's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Netcare dividend. The next Netcare dividend will be released in January, or July.
When is Netcare dividend paid?
Netcare pays dividends on a semi annually basis. The specific dates may vary each year but are generally around January, and July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Netcare pay?
The specific amount of Netcare dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Netcare's dividend history.
Does Netcare stock pay dividends?
Yes, Netcare does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Netcare's dividend history.
How much dividend does Netcare pay?
Netcare paid R65.0 in 2024, R60.0 in 2023, R54.0 in 2022, R0.0 in 2021, and R64.0 in 2020.
How often does Netcare pay dividends?
Netcare typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around January, and July.
What is Netcare's dividend yield?
The current dividend yield for Netcare is 4.31%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Netcare's exact dividend yield.
When does Netcare go ex dividend?
Netcare's ex-dividend date for the latest dividend was on 2024-07-10. Netcare typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Netcare dividend paid?
Netcare pays dividends on a semi annually basis, typically around January, or July, but the exact dates can vary each year.
Will Netcare increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Netcare will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Netcare dividend per share?
Netcare paid R65.0 per share in 2024 and R60.0 per share in 2023. The amount of dividend per share that Netcare pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Netcare a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Netcare a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Netcare a dividend stock?
Yes, Netcare is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Netcare a good dividend stock?
Whether Netcare is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Netcare has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Netcare as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Netcare as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Netcare pay dividends monthly?
Netcare typically pays dividends on a semi annually basis.
Does Netcare pay dividends quarterly?
Netcare currently pays dividends on a semi annually basis.
Has Netcare ever paid a dividend?
Yes, Netcare has a history of paying dividends to its shareholders. Netcare is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Netcare dividend stocks?
To buy Netcare you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Netcare stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Netcare stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Netcare pay dividends 2024?
Netcare pays dividends on a semi annually basis. 2024 dividend payments are in 2024-07-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Netcare increase its dividend in 2024?
Decisions regarding Netcare dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Netcare dividend overview you can look into the above table of dividend history.
How Netcare dividend works?
The Netcare dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Netcare's dividend process works:
1. Determination of Dividend: Netcare's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Netcare publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Netcare distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Netcare are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Netcare's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Netcare publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Netcare distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Netcare are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Netcare dividends paid?
Netcare dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Netcare sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Netcare distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Netcare declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Netcare sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Netcare distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Netcare declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Netcare pay dividends?
Netcare typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Netcare pay dividends?
The general pattern is that Netcare pays dividends around January, and July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Netcare dividend safe?
The safety of Netcare's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Netcare's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Netcare's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Netcare's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Netcare's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.