As of today (2024-05-02), the Trailing Annual Dividend Yield of Sonic Healthcare is 3.92%.
Good Sign:
Sonic Healthcare Ltd stock dividend yield is close to 10-year high.
The historical rank and industry rank for Sonic Healthcare's Dividend Yield % or its related term are showing as below:
ASX:SHL'
s Dividend Yield % Range Over the Past 10 Years
Min: 1.87 Med: 3.19 Max: 4.4
Current: 3.92
During the past 13 years, the highest Dividend Yield of Sonic Healthcare was 4.40%. The lowest was 1.87%. And the median was 3.19%.
ASX:SHL's Dividend Yield % is ranked better than 81.94% of 72
companies
in the Medical Diagnostics & Research industry
Industry Median: 2.08
vs ASX:SHL: 3.92
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Sonic Healthcare Ltd is 0.97, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Sonic Healthcare was 0.97. The lowest was 0.31. And the median was 0.68.
During the past 12 months, Sonic Healthcare's average Dividends Per Share Growth Rate was 4.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 6.30% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 5.30% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 5.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sonic Healthcare was 51.80% per year. The lowest was 0.60% per year. And the median was 6.35% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Sonic Healthcare Dividend Yield % Historical Data
The historical data trend for Sonic Healthcare's Dividend Yield % 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.
Competitive Comparison of Sonic Healthcare's Dividend Yield %
For the Diagnostics & Research subindustry, Sonic Healthcare's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.
Sonic Healthcare's Dividend Yield % Distribution in the Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Sonic Healthcare's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Sonic Healthcare's Dividend Yield % falls into.
Sonic Healthcare Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Sonic Healthcare Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
AUD 0.430000
2024-03-01
2024-03-04
2024-03-21
Cash Dividend
semi-annually
AUD:AUD 1.000000
AUD 0.620000
2023-09-06
2023-09-07
2023-09-21
Cash Dividend
semi-annually
AUD:AUD 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.
Sonic Healthcare's Trailing Annual Dividend Yield (%) for Today is calculated as
* 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.
Sonic Healthcare (ASX:SHL) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
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.
Thank you for viewing the detailed overview of Sonic Healthcare's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Sonic Healthcare is a global pathology provider. It is the largest private operator in Australia, Germany, Switzerland and the U.K., the second largest in Belgium and New Zealand and the third largest in the U.S. In addition to pathology, which contributes roughly 85% of group revenue, Sonic is the second largest player in diagnostic imaging in Australia and the largest operator of medical centers in Australia. The company typically earns about 40% of group revenue in Australia and New Zealand, 25% in the U.S. and 35% in Europe.
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