OCA News: Oceania Healthcare (NZSE:OCA) Has Announced That Its Dividend Will Be Reduced To NZ$0.019 - 27th Nov 2022, 7:57am

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Oceania Healthcare Limited (NZSE:OCA) has announced it will be reducing its dividend payable on the 14th of December to NZ$0.019, which is 9.5% lower than what investors received last year for the same period. The yield is still above the industry average at 5.6%.

Check out our latest analysis for Oceania Healthcare

Oceania Healthcare's Payment Has Solid Earnings Coverage

Impressive dividend yields are good, but this doesn't matter much if the payments can't be sustained. Before making this a...

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