Netcare Dividends and Buybacks
Dividend criteria checks 3/6
Netcare is a dividend paying company with a current yield of 4.67% that is well covered by earnings. Next payment date is on 27th January, 2025 with an ex-dividend date of 22nd January, 2025.
Key information
4.7%
Dividend yield
3.9%
Buyback Yield
| Total Shareholder Yield | 8.5% |
| Future Dividend Yield | 7.4% |
| Dividend Growth | 4.1% |
| Next dividend pay date | 27 Jan 25 |
| Ex dividend date | 22 Jan 25 |
| Dividend per share | R0.700 |
| Payout ratio | 63% |
Recent dividend and buyback updates
Netcare's (JSE:NTC) Dividend Will Be ZAR0.30
May 22
Netcare (JSE:NTC) Is Paying Out A Larger Dividend Than Last Year
Jul 04Netcare (JSE:NTC) Is Paying Out A Larger Dividend Than Last Year
Jun 09Recent updates
Capital Allocation Trends At Netcare (JSE:NTC) Aren't Ideal
Sep 19Investors Still Waiting For A Pull Back In Netcare Limited (JSE:NTC)
Jun 13Netcare's (JSE:NTC) Dividend Will Be ZAR0.30
May 22Capital Allocation Trends At Netcare (JSE:NTC) Aren't Ideal
Mar 09Is Netcare (JSE:NTC) A Risky Investment?
Jan 20Investors Could Be Concerned With Netcare's (JSE:NTC) Returns On Capital
Nov 26Netcare (JSE:NTC) Is Paying Out A Larger Dividend Than Last Year
Jul 04Netcare (JSE:NTC) Is Paying Out A Larger Dividend Than Last Year
Jun 09Netcare Limited Beat Revenue Forecasts By 6.6%: Here's What Analysts Are Forecasting Next
May 26Netcare's (JSE:NTC) Dividend Will Be Increased To ZAR0.30
May 25Some Investors May Be Worried About Netcare's (JSE:NTC) Returns On Capital
Apr 25Is Netcare (JSE:NTC) Using Too Much Debt?
Mar 17Netcare (JSE:NTC) Has Announced That Its Dividend Will Be Reduced To ZAR0.30
Jan 19Netcare (JSE:NTC) Has Announced That Its Dividend Will Be Reduced To ZAR0.30
Jan 05Netcare's (JSE:NTC) Shareholders Will Receive A Smaller Dividend Than Last Year
Dec 16Netcare's (JSE:NTC) Dividend Will Be Reduced To ZAR0.30
Nov 24Calculating The Fair Value Of Netcare Limited (JSE:NTC)
Aug 31We Think Netcare (JSE:NTC) Can Stay On Top Of Its Debt
Aug 12Investors Appear Satisfied With Netcare Limited's (JSE:NTC) Prospects
Jul 28Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NTC's dividend payments have been volatile in the past 10 years.
Growing Dividend: NTC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Netcare Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NTC) | 4.7% |
| Market Bottom 25% (ZA) | 3.2% |
| Market Top 25% (ZA) | 7.8% |
| Industry Average (Healthcare) | 1.9% |
| Analyst forecast (NTC) (up to 3 years) | 7.4% |
Notable Dividend: NTC's dividend (4.67%) is higher than the bottom 25% of dividend payers in the ZA market (3.19%).
High Dividend: NTC's dividend (4.67%) is low compared to the top 25% of dividend payers in the ZA market (7.83%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.4%), NTC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.8%), NTC's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:16 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
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
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
Netcare Limited is covered by 19 analysts. 7 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 |
|---|---|
| Rendani Magalela | Absa Bank Limited |
| Sean Ungerer | Arqaam Capital Research Offshore S.A.L. |
| Simon Mather | Barclays |