Sonic Healthcare Limited Is In Good Health

Every New York stock exchange trading day I’m posting a daily dividend stock or fund review. I’ll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I’ve named the Safari to Sweet Success.

This week’s slot in the Safari portfolio is reserved for the Healthcare sector.

That sector includes ten industries all related to testing, diagnosing and curing what ails us. The healthcare industries are: biotechnology; diagnostics & research; drug manufacturers – major; drug manufacturers – specialty & generic; healthcare plans; long-term care facilities; medical care; medical devices, medial distribution; medical supplies.

Today I’m reviewing a medical care organization named Sonic Healthcare Limited. Its trading ticker symbol is SKHHY.

Sonic Healthcare Limited provides medical diagnostic services, administrative services, and facilities to medical practitioners. It operates through Laboratory, Imaging, and Other segments.

It has worldwide operations in Australia, New Zealand, the United Kingdom, the United States, Germany, Switzerland, Belgium, and Ireland.

Sonic Healthcare Limited was founded in 1995 and is headquartered in Macquarie Park, Australia.

I use three primary keys to measure dividend equities or funds like Sonic Healthcare Limited (SKHHY): 

(1) Price

(2) Dividends

(3) Returns

SKHHY Price

Sonic Healthcare Limited’s price at yesterday’s market close was $18.60 per share. The company has positive momentum. Just a year ago its price was $16.12. That’s a gain of $2.48 per share in the past year.Can SKHHY do as well in the coming year?If it does, its price will increase from $18.60 to $21.08 per share, or about 13 %.

SKHHY Dividends

The company’s most recent variable semi-annual dividend was $0.3577 declared in September 2017, and paid October 23rd. 

The company has paid thirteen semi-annual dividends in Spring and Fall each year since2011.