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<WIRE> Ramsay Health Care (ASX:RHC) Declares Final Ordinary Dividend Of 25 AU Cents Per Share



Ramsay Health Care (ASX:RHC) has announced its final ordinary dividend for the fiscal year ending in June.

The dividend will pay out 25 Australian cents per share.

In addition, the healthcare provider reported an increase in total revenue and other income, excluding interest income, of $15,339.1 million compared to $13,747.1 million in the previous year.

The company also reported a net profit after tax attributable of $298.1 million, showing a rise from last year’s figure of $274 million.

The company is forecasting volume growth in the mid to high single digits in the UK and is expecting the performance of Elysium to improve in the coming fiscal year.

They also announced the commencement of a sale process for Ramsay Sime Darby which led to multiple non-binding indicative offers, but the outcome remains uncertain.

Furthermore, Ramsay is planning an increase in digital and data operational expenditure investment in Australia of $34-44M over the next year.

Other forecasts include an effective tax rate of 30%, net interest expense in the range of $570-$600M, an investment in brownfield and greenfield projects in Australia of $250-$300M and group capital expenditure expected to be between $0.89-$1.02 billion.

Their dividend payout ratio is expected to be 60-70% of statutory net profit.

Ramsay Health Care (ASX:RHC) is an international hospital group and one of the top five private hospital operators in the world.


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