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 R40.00 per ordinary share which will be made payable on 2025-01-27. Ex dividend date: 2025-01-22
• Netcare's trailing twelve-month (TTM) dividend yield is 4.37%
• 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 |
---|---|---|---|
2025-01-22 | R40.00 | semi annually | 2025-01-27 |
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 |
Netcare Dividend per year
Netcare Dividend growth
Netcare Dividend Yield
Netcare current trailing twelve-month (TTM) dividend yield is 4.37%. Interested in purchasing Netcare stock? Use our calculator to estimate your expected dividend yield:
Netcare Financial Ratios
Netcare Dividend FAQ
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.
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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. 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.
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.