On January 15, 2024, Medical Facilities DR will distribute a dividend payout of $0.08 per share, equating to an annualized dividend yield of 3.61%. Shareholders who owned the stock before the ex-dividend date on December 28, 2023 will receive this payout.
Medical Facilities Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-12-28 | 4 | $0.08 | 3.61% | 2023-12-18 | 2023-12-29 | 2024-01-15 |
| 2023-09-28 | 4 | $0.08 | 3.45% | 2023-09-20 | 2023-09-29 | 2023-10-16 |
| 2023-06-29 | 4 | $0.08 | 4.04% | 2023-06-21 | 2023-06-30 | 2023-07-17 |
| 2023-03-30 | 4 | $0.08 | 3.84% | 2023-03-22 | 2023-03-31 | 2023-04-17 |
| 2022-12-29 | 4 | $0.08 | 3.96% | 2022-12-19 | 2022-12-30 | 2023-01-16 |
| 2022-09-29 | 4 | $0.08 | 2.98% | 2022-09-21 | 2022-09-30 | 2022-10-17 |
| 2022-06-29 | 4 | $0.08 | 3.95% | 2022-06-21 | 2022-06-30 | 2022-07-15 |
| 2022-03-30 | 4 | $0.08 | 2.82% | 2022-03-21 | 2022-03-31 | 2022-04-14 |
| 2021-12-30 | 4 | $0.08 | 3.59% | 2021-12-20 | 2021-12-31 | 2022-01-15 |
| 2021-09-28 | 4 | $0.07 | 2.96% | 2021-09-20 | 2021-09-30 | 2021-10-15 |
| 2021-06-29 | 4 | $0.07 | 4.0% | 2021-06-21 | 2021-06-30 | 2021-07-15 |
| 2021-03-30 | 4 | $0.07 | 4.07% | 2021-03-22 | 2021-03-31 | 2021-04-15 |
Analyzing Medical Facilities Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
During the period of 2020 to 2023, the company experienced a notable growth in its dividend per share. The dividend per share increased from $0.28 to $0.32, reflecting the company's focus on providing greater returns to its shareholders.
YoY Earnings Growth For Medical Facilities
Investors can observe a decrease in Medical Facilities's earnings per share from $0.63 in 2020 to $0.03 in 2023. This declining earnings trend may be concerning for income-seeking investors, as it indicates a potential impact on the company's cash dividend payouts. A comprehensive analysis is recommended to understand the factors driving this decrease and evaluate its implications on future dividend payments.
Recap
This article delves into the recent dividend payout of Medical Facilities and its implications for shareholders. Presently, the company is distributing a dividend of $0.08 per share, leading to an annualized dividend yield of 3.61%.
The increase in dividend per share from 2020 to 2023 combined with a decrease in earnings per share for Medical Facilities suggests a strategic decision to prioritize shareholder returns over earnings growth.
To stay informed about changes in financials or dividend disbursements, investors should pay close attention to the company's performance in the upcoming quarters.
[See current stock movements Medical Facilities on Benzinga.](https://www.benzinga.com/quote/Medical Facilities (TSX:DR))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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