InvoCare (ASX:IVC) Dividend Payout Ratio : 3.55 (As of Jun. 2023)

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What is InvoCare Dividend Payout Ratio?

InvoCare's dividend payout ratio for the months ended in Jun. 2023 was 3.55.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of InvoCare Ltd is 1.96, which seems too high.

The historical rank and industry rank for InvoCare's Dividend Payout Ratio or its related term are showing as below:

ASX:IVC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.33 Med: 0.66 Max: 1.96
Current: 1.96

During the past 13 years, the highest Dividend Payout Ratio of InvoCare was 1.96. The lowest was 0.33. And the median was 0.66.

ASX:IVC's Dividend Payout Ratio is not ranked
in the Personal Services industry.
Industry Median: 0.4 vs ASX:IVC: 1.96

As of today (2024-05-04), the Dividend Yield % of InvoCare is 0.87%.

During the past 13 years, the highest Trailing Annual Dividend Yield of InvoCare was 4.27%. The lowest was 0.87%. And the median was 2.81%.

InvoCare's Dividends per Share for the months ended in Jun. 2023 was A$0.11.

During the past 12 months, InvoCare's average Dividends Per Share Growth Rate was 16.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -12.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -16.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -4.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of InvoCare was 53.20% per year. The lowest was -28.40% per year. And the median was 7.00% per year.

The growth rate is calculated with least square regression.

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

InvoCare Dividend Payout Ratio Historical Data

The historical data trend for InvoCare's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

InvoCare Dividend Payout Ratio Chart

InvoCare Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dividend Payout Ratio

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1.21

0.55

0.33

InvoCare Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.23	0.38	-	1.44	3.55

Competitive Comparison of InvoCare's Dividend Payout Ratio

For the Personal Services subindustry, InvoCare's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

InvoCare's Dividend Payout Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, InvoCare's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where InvoCare's Dividend Payout Ratio falls into.

InvoCare Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

InvoCare's Dividend Payout Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2022 )	/	EPS without NRI (A: Dec. 2022 )
	=	0.25	/	-0.016
	=	N/A

InvoCare's Dividend Payout Ratio for the quarter that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2023 )	/	EPS without NRI (Q: Jun. 2023 )
	=	0.11	/	0.031
	=	3.55

InvoCare (ASX:IVC) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

InvoCare Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of InvoCare's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

InvoCare (ASX:IVC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » InvoCare Ltd (ASX:IVC) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

40 Mount Street, Level 5, North Sydney, NSW, AUS, 2060

Website

https://www.invocare.com.au

InvoCare is the largest funeral, cemetery, and crematorium operator in Australia and New Zealand. We estimate InvoCare enjoys over a third of revenue share in Australia, and around a fifth in New Zealand, and is the number one player in both countries. Australia contributes the vast majority of consolidated earnings. InvoCare owns a portfolio of over 60 brands, including three flagship national Australian brands: White Lady, Simplicity Funerals, and Value Cremations, and owns and operates 290 funeral homes, along with 16 cemeteries and crematoria.

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