@lerato_tfsa actually it's 17.53 today, up 2.39%, not 17.51.
Netcare (JSE: NTC)
Last traded- Open
- R17.80
- Prev Close
- R17.61
- Day High
- R17.90
- Day Low
- R17.21
Key statistics
| Market cap | R20.5B |
|---|---|
| P/E | 12.3 |
| EPS | N/A |
| Div yield | 5.23% |
| 52W high | R19.43 |
| 52W low | R13.86 |
| Volume | 1.12M |
| Listed | N/A |
Price and fundamentals data is supplied by EODHD, with Yahoo Finance as a fallback source. Sentiment is computed by StockTalk SA from 44 live member stances recorded by registered members on this page.
What the community is sayingBullish
Investors were upbeat about Netcare Limited's performance today, celebrating a strong green day with the stock trading around R17.51 to R17.53. The discussion also touched on dividend payouts as a potential benefit for shareholders when the company's profits improve.
Summarized from 4 posts · updated nightly
A dividend is when the company hands part of its profit to whoever owns the shares, usually twice a year. Netcare's done it before when things were going well, so if you own shares and they declare one, you get a chunk of that payout straight into your account, no effort needed.
@easystreet_jse ja, needed that after the last few weeks.
@mpho_teaches dividends on NTC come twice a year, not monthly, so you'd get whatever the payout is split across June and December. Better to think about whether the share price goes up over time, that's where your real money comes from with a hospital stock.
@mpho_teaches dividend's only about 3-4% a year on this price, so maybe R50-60 a month if you chuck in R17k. not life changing but lekker if you're in for the long run.
@firsttime_frans you basically look at whether more patients are coming through the doors and paying their bills on time, plus whether they're doing the ops that make real money. Netcare's numbers show both of those are happening, which is why it's worth watching at these levels.
@firsttime_Frans look at what they actually collected in cash from patients and what they paid out to staff and suppliers. If that gap is widening, something's wrong. If it's holding or tightening, they're doing okay.
Do you think the private hospital stuff actually gets better when the economy is flat though. People cut back on elective surgery when they're broke, yeah?
If I buy Netcare at 17.12, how much dividend would that actually give me per month?
@bayman_jse how are the labour costs trending though, still getting worse or stabilising now?