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Oceania Healthcare Limited (NZSE:OCA) is reducing its dividend to NZ$0.013 on the 21st of Junewhich is 43% less than last year's comparable payment of NZ$0.023. The dividend yield of 5.6% is still a nice boost to shareholder returns, despite the cut.
See our latest analysis for Oceania Healthcare
Oceania Healthcare's Payment Has Solid Earnings Coverage
A big dividend yield for a few years doesn't mean much if it can't be sustained. Prior to this announcement, Oceania Healthcare's dividend was...
>>> Read more: Oceania Healthcare's (NZSE:OCA) Dividend Is Being Reduced To NZ$0.013
See our latest analysis for Oceania Healthcare
Oceania Healthcare's Payment Has Solid Earnings Coverage
A big dividend yield for a few years doesn't mean much if it can't be sustained. Prior to this announcement, Oceania Healthcare's dividend was...
>>> Read more: Oceania Healthcare's (NZSE:OCA) Dividend Is Being Reduced To NZ$0.013
