Medical Facilities Corporation

TSX:DR Stock Report

Market Cap: CA$367.0m

Medical Facilities Dividends and Buybacks

Dividend criteria checks 3/6

Medical Facilities is a dividend paying company with a current yield of 2.29% that is well covered by earnings. Next payment date is on 15th January, 2025 with an ex-dividend date of 31st December, 2024.

Key information

2.3%

Dividend yield

5.2%

Buyback Yield

Total Shareholder Yield7.5%
Future Dividend Yield2.4%
Dividend Growth-5.3%
Next dividend pay date15 Jan 25
Ex dividend date31 Dec 24
Dividend per shareCA$0.360
Payout ratio32%

Recent dividend and buyback updates

Medical Facilities (TSE:DR) Is Paying Out A Dividend Of $0.09

Jun 19
Medical Facilities (TSE:DR) Is Paying Out A Dividend Of $0.09

Recent updates

Medical Facilities' (TSE:DR) Earnings Offer More Than Meets The Eye

Nov 15
Medical Facilities' (TSE:DR) Earnings Offer More Than Meets The Eye

Medical Facilities (TSE:DR) Is Paying Out A Dividend Of $0.09

Jun 19
Medical Facilities (TSE:DR) Is Paying Out A Dividend Of $0.09

We Think Medical Facilities' (TSE:DR) Robust Earnings Are Conservative

Mar 22
We Think Medical Facilities' (TSE:DR) Robust Earnings Are Conservative

Medical Facilities Corporation Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next

Nov 12
Medical Facilities Corporation Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next

Medical Facilities (TSE:DR) Seems To Use Debt Quite Sensibly

Aug 05
Medical Facilities (TSE:DR) Seems To Use Debt Quite Sensibly

Medical Facilities' (TSE:DR) Dividend Will Be $0.0805

Mar 26
Medical Facilities' (TSE:DR) Dividend Will Be $0.0805

Medical Facilities (TSE:DR) Has Affirmed Its Dividend Of $0.0805

Dec 23
Medical Facilities (TSE:DR) Has Affirmed Its Dividend Of $0.0805

Is Medical Facilities (TSE:DR) Using Too Much Debt?

Sep 14
Is Medical Facilities (TSE:DR) Using Too Much Debt?

Is It Too Late To Consider Buying Medical Facilities Corporation (TSE:DR)?

May 13
Is It Too Late To Consider Buying Medical Facilities Corporation (TSE:DR)?

The Returns At Medical Facilities (TSE:DR) Aren't Growing

Apr 24
The Returns At Medical Facilities (TSE:DR) Aren't Growing

Medical Facilities' (TSE:DR) Upcoming Dividend Will Be Larger Than Last Year's

Dec 21
Medical Facilities' (TSE:DR) Upcoming Dividend Will Be Larger Than Last Year's

Medical Facilities (TSE:DR) Will Pay A Dividend Of CA$0.07

Sep 24
Medical Facilities (TSE:DR) Will Pay A Dividend Of CA$0.07

Is Medical Facilities (TSE:DR) Using Too Much Debt?

Jul 24
Is Medical Facilities (TSE:DR) Using Too Much Debt?

Medical Facilities (TSE:DR) Will Pay A Dividend Of CA$0.07

Jun 25
Medical Facilities (TSE:DR) Will Pay A Dividend Of CA$0.07

Here's Why It's Unlikely That Medical Facilities Corporation's (TSE:DR) CEO Will See A Pay Rise This Year

May 07
Here's Why It's Unlikely That Medical Facilities Corporation's (TSE:DR) CEO Will See A Pay Rise This Year

Is Now The Time To Look At Buying Medical Facilities Corporation (TSE:DR)?

Apr 19
Is Now The Time To Look At Buying Medical Facilities Corporation (TSE:DR)?

Here's How We Evaluate Medical Facilities Corporation's (TSE:DR) Dividend

Mar 29
Here's How We Evaluate Medical Facilities Corporation's (TSE:DR) Dividend

Medical Facilities (TSE:DR) Has A Somewhat Strained Balance Sheet

Mar 08
Medical Facilities (TSE:DR) Has A Somewhat Strained Balance Sheet

Upcoming Dividend Payment

TodayDec 22 2024Ex Dividend DateDec 31 2024Dividend Pay DateJan 15 202515 days from Ex DividendBuy in the next 9 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: DR's dividend payments have been volatile in the past 10 years.

Growing Dividend: DR's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Medical Facilities Dividend Yield vs Market
How does DR dividend yield compare to the market?
SegmentDividend Yield
Company (DR)2.3%
Market Bottom 25% (CA)1.8%
Market Top 25% (CA)6.4%
Industry Average (Healthcare)3.7%
Analyst forecast (DR) (up to 3 years)2.4%

Notable Dividend: DR's dividend (2.29%) is higher than the bottom 25% of dividend payers in the Canadian market (1.81%).

High Dividend: DR's dividend (2.29%) is low compared to the top 25% of dividend payers in the Canadian market (6.45%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (32.4%), DR's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (7.9%), DR's dividend payments are thoroughly covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 04:34
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Medical Facilities Corporation is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Neil MaruokaCanaccord Genuity
Prakash GowdCIBC Capital Markets
Douglas LoeEchelon Wealth Partners Inc.