VHP dividend yield – VITAL HEALTHCARE PROPERTY TRUST Announces 0.024375 Cash Dividend
June 12, 2023
☀️Dividends Yield
VITAL HEALTHCARE PROPERTY TRUST ($NZSE:VHP) recently announced a 0.024375 cash dividend for June 2 2023. The company has a history of paying an annual dividend per share of 0.1 NZD, 0.09 NZD, and 0.09 NZD over the last three years, which corresponds to dividend yields of 3.47%, 3.09%, and 2.99%, respectively, with an average dividend yield of 3.18%. The ex-dividend date for this stock is June 7 2023. Therefore, the stock needs to be purchased before this date to receive the dividend payout.
In addition to its attractive dividend yield, the trust has a solid portfolio of properties and investments which are expected to provide reliable income over the long-term. This makes it an ideal choice for investors looking for a safe and reliable way to generate passive income.
Stock Price
This dividend is the first of its kind since the trust was listed last year, and is expected to provide shareholders with a stable stream of income over the long-term. The trust is focused on investing in healthcare assets in New Zealand and Australia, primarily in purpose-built medical centres which provide a mix of health, medical and aged care services. This is designed to ensure the trust has a diversified portfolio and is able to generate steady returns for shareholders. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for VHP. More…
| Total Revenues | Net Income | Net Margin |
| 160.63 | 102.32 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for VHP. More…
| Operations | Investing | Financing |
| 76.39 | -402.13 | 330.36 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for VHP. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.5k | 1.41k | 3.17 |
Key Ratios Snapshot
Some of the financial key ratios for VHP are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 60.9% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis
At GoodWhale, we believe that analyzing the fundamentals of a company is key in understanding the company’s performance, future prospects, and potential risks. After analyzing VITAL HEALTHCARE PROPERTY TRUST, we have determined that it is a strong company in terms of asset, dividend, and profitability. Its growth rate is medium. By classifying VITAL HEALTHCARE PROPERTY TRUST as a ‘cow’, we can conclude that it has a track record of paying out consistent and sustainable dividends. In addition, VITAL HEALTHCARE PROPERTY TRUST has a high health score of 8/10 with regard to its cashflows and debt, indicating it is capable of sustaining future operations even during times of economic crisis. More…
Peers
The competition is fierce and only the most successful and innovative companies will come out ahead.
– Medical Properties Trust Inc ($NYSE:MPW)
As of 2023, Medical Properties Trust Inc has a market cap of 5.26B. Medical Properties Trust Inc is a real estate investment trust (REIT) that owns and acquires real estate assets that are leased to hospitals and other healthcare service providers. The company’s portfolio includes more than 200 healthcare facilities located in 38 states, the United Kingdom, and Germany. The company has been in operation since 2003 and is headquartered in Birmingham, Alabama.
– Global Medical REIT Inc ($NYSE:GMRE)
Global Medical REIT Inc is a publicly traded real estate investment trust (REIT) specializing in healthcare-related real estate investments. As of 2023, the company has a market capitalization of 603.49M. The company primarily acquires and develops medical office buildings, senior housing, and other healthcare-related real estate. These assets are leased to healthcare providers, such as physicians, hospitals, and long-term care providers. Global Medical REIT also invests in a portfolio of healthcare-related loans, including mortgage loans and mezzanine loans. With a diversified asset portfolio and a focus on healthcare-related real estate, the company is well positioned to take advantage of the growing healthcare sector.
Summary
VITAL HEALTHCARE PROPERTY TRUST is a good option for those looking to invest in dividend stocks. Over the last three years, the trust has issued annual dividend per share of 0.1 NZD, 0.09 NZD, and 0.09 NZD, respectively, with corresponding dividend yields of 3.47%, 3.09%, and 2.99%. On average, the trust’s dividend yield is 3.18%. Thus, it provides investors with a steady stream of income with potential long-term appreciation of capital value.
