ISEC Healthcare Dividend
Dividend criteria checks 3/6
ISEC Healthcare is a dividend paying company with a current yield of 4.18% that is well covered by earnings. Next payment date is on 9th May, 2024 with an ex-dividend date of 26th April, 2024.
Key information
4.2%
Dividend yield
71%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | 09 May 24 |
Ex dividend date | 26 Apr 24 |
Dividend per share | n/a |
Earnings per share | S$0.022 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 40T has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 40T's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
ISEC Healthcare Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (40T) | 4.2% |
Market Bottom 25% (SG) | 2.7% |
Market Top 25% (SG) | 6.3% |
Industry Average (Healthcare) | 2.4% |
Analyst forecast in 3 Years (40T) | n/a |
Notable Dividend: 40T's dividend (4.18%) is higher than the bottom 25% of dividend payers in the SG market (2.74%).
High Dividend: 40T's dividend (4.18%) is low compared to the top 25% of dividend payers in the SG market (6.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.2%), 40T's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (88.9%), 40T's dividend payments are covered by cash flows.