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

Sonic Healthcare Limited (ASX:SHL) announced 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 dividend yield of 1.61%. The ex-dividend date of this dividend is Tuesday, March 4th. This is an increase from Sonic Healthcare’s previous interim dividend of $0.43.

Sonic Healthcare Stock Performance

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

Insider Activity at Sonic Healthcare

In other news, insider Mark Compton acquired 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 10th. The shares were bought at an average price of A$28.46 ($17.68) per share, with a total value of A$28,460.00 ($17,677.02). 5.37% of the stock is currently owned by company insiders.

About Sonic Healthcare

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.