Fortis Healthcare Dividend
Dividend criteria checks 2/6
Fortis Healthcare is a dividend paying company with a current yield of 0.23% that is well covered by earnings.
Key information
0.2%
Dividend yield
13%
Payout ratio
| Industry average yield | 0.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹7.32 |
| Dividend yield forecast in 3Y | 0.3% |
Recent dividend updates
Recent updates
Fortis Healthcare Limited's (NSE:FORTIS) Popularity With Investors Is Clear
Apr 03
Fortis Healthcare (NSE:FORTIS) Shareholders Will Want The ROCE Trajectory To Continue
Mar 16Fortis Healthcare Limited Just Missed EPS By 19%: Here's What Analysts Think Will Happen Next
Feb 12Shareholders Should Be Pleased With Fortis Healthcare Limited's (NSE:FORTIS) Price
Dec 31Is Now The Time To Put Fortis Healthcare (NSE:FORTIS) On Your Watchlist?
Dec 16Returns Are Gaining Momentum At Fortis Healthcare (NSE:FORTIS)
Nov 30Does Fortis Healthcare (NSE:FORTIS) Have A Healthy Balance Sheet?
Sep 12Here's Why Fortis Healthcare (NSE:FORTIS) Has Caught The Eye Of Investors
Aug 25The Return Trends At Fortis Healthcare (NSE:FORTIS) Look Promising
Aug 10These 4 Measures Indicate That Fortis Healthcare (NSE:FORTIS) Is Using Debt Reasonably Well
Jun 05Fortis Healthcare (NSE:FORTIS) Seems To Use Debt Quite Sensibly
Jan 26Here's Why Fortis Healthcare (NSE:FORTIS) Has Caught The Eye Of Investors
Dec 02Fortis Healthcare Limited's (NSE:FORTIS) Shareholders Might Be Looking For Exit
Oct 19Fortis Healthcare Limited's (NSE:FORTIS) Intrinsic Value Is Potentially 20% Below Its Share Price
Sep 07Do Fortis Healthcare's (NSE:FORTIS) Earnings Warrant Your Attention?
Aug 23Is Fortis Healthcare (NSE:FORTIS) Using Too Much Debt?
Jun 04Fortis Healthcare Limited's (NSE:FORTIS) Intrinsic Value Is Potentially 26% Below Its Share Price
May 12Here's Why Fortis Healthcare (NSE:FORTIS) Can Manage Its Debt Responsibly
Jan 09Calculating The Fair Value Of Fortis Healthcare Limited (NSE:FORTIS)
Jul 23Is Fortis Healthcare (NSE:FORTIS) Using Too Much Debt?
Mar 22This Insider Has Just Sold Shares In Fortis Healthcare Limited (NSE:FORTIS)
Feb 24Here's What Fortis Healthcare Limited's (NSE:FORTIS) Shareholder Ownership Structure Looks Like
Jan 26Here's Why Fortis Healthcare (NSE:FORTIS) Can Afford Some Debt
Dec 22
Fortis Healthcare's (NSE:FORTIS) Stock Price Has Reduced 12% In The Past Five Years
Nov 24Are Fortis Healthcare Limited (NSE:FORTIS) Investors Paying Above The Intrinsic Value?
Oct 12What Type Of Shareholders Make Up Fortis Healthcare Limited's (NSE:FORTIS) Share Registry?
Sep 07Fortis Healthcare's (NSE:FORTIS) Shareholders Are Down 28% On Their Shares
Aug 03Are Fortis Healthcare's (NSE:FORTIS) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jul 13Need To Know: Analysts Just Made A Substantial Cut To Their Fortis Healthcare Limited (NSE:FORTIS) Estimates
Jun 22Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether FORTIS's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if FORTIS's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Fortis Healthcare Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FORTIS) | 0.2% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Healthcare) | 0.3% |
| Analyst forecast in 3 Years (FORTIS) | 0.3% |
Notable Dividend: FORTIS's dividend (0.23%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: FORTIS's dividend (0.23%) is low compared to the top 25% of dividend payers in the Indian market (1.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.8%), FORTIS's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.8%), FORTIS's dividend payments are well covered by cash flows.