Sonic Healthcare Limited (ASX:SHL) Announces Dividend Increase – $0.44 Per Share

Sonic Healthcare Limited (ASX:SHL) declared a interim dividend on Friday, February 21st, MarketIndexAU Dividends reports. Investors of record on Wednesday, March 19th will be paid a dividend of 0.44 per share by the health services provider on Wednesday, March 19th. This represents a yield of 1.61%. The ex-dividend date of this dividend is Tuesday, March 4th. This is a positive change from Sonic Healthcare’s previous interim dividend of $0.43.

Sonic Healthcare Price Performance

The firm has a market cap of $13.84 billion, a PE ratio of 26.85, a price-to-earnings-growth ratio of -1.19 and a beta of 0.51. The company has a current ratio of 1.01, a quick ratio of 0.96 and a debt-to-equity ratio of 57.03.

Insider Activity

In related news, insider Mark Compton bought 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 10th. The stock was acquired at an average price of A$28.46 ($18.13) per share, for a total transaction of A$28,460.00 ($18,127.39). 5.37% of the stock is owned by company insiders.

Sonic Healthcare Company Profile

Sonic Healthcare Limited offers medical diagnostic services to medical practitioners, hospitals, community health services, and their collective patients. The company provides laboratory medicine/pathology testing services, such as biochemistry, cytopathology, genetics, haematology, histopathology, immunoserology, microbiology, molecular pathology, prenatal testing, toxicology, and ancillary functions; and radiology services, including magnetic resonance imaging, computed tomography (CT), ultrasound, X-ray, mammography, nuclear medicine, PET CT, interventional procedures, and bone mineral densitometry.