HealthCo Healthcare and Wellness REIT Dividends and Buybacks
Dividend criteria checks 3/6
HealthCo Healthcare and Wellness REIT is a dividend paying company with a current yield of 8.4% that is well covered by earnings. Next payment date is on 26th February, 2025 with an ex-dividend date of 30th December, 2024.
Key information
8.4%
Dividend yield
1.5%
Buyback Yield
| Total Shareholder Yield | 9.9% |
| Future Dividend Yield | 8.5% |
| Dividend Growth | 13.7% |
| Next dividend pay date | 26 Feb 25 |
| Ex dividend date | 30 Dec 24 |
| Dividend per share | AU$0.084 |
| Payout ratio | 100% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HCW has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: HCW has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| HealthCo Healthcare and Wellness REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HCW) | 8.4% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.2% |
| Industry Average (Health Care REITs) | 4.1% |
| Analyst forecast (HCW) (up to 3 years) | 8.5% |
Notable Dividend: HCW's dividend (8.4%) is higher than the bottom 25% of dividend payers in the Australian market (2.65%).
High Dividend: HCW's dividend (8.4%) is in the top 25% of dividend payers in the Australian market (6.18%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (99.6%), HCW's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (732.5%), HCW's dividend payments are not well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:18 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
HealthCo Healthcare and Wellness REIT is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew MacFarlane | Bell Potter |
| Jeffrey Pehl | Goldman Sachs |
| Sholto Maconochie | Jefferies LLC |