Sonic Healthcare Delivers Diagnostics Worldwide

Every New York stock exchange trading day I'm posting a daily dividend stock or fund review. I'll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I've named the Safari to Sweet Success.

This week my Safari portfolio is open to a company from the Healthcare sector.

The Healthcare sector includes ten industries all related to testing, diagnosing and treating what ails us. The healthcare industries are: biotechnology; diagnostics & research; drug manufacturers - major and- specialty & generic; healthcare plans; long-term care facilities; medical care; medical devices, medical distribution; medical supplies.

Today I'm reviewing a diagnostics & research company. It's a mid-cap stock, Sonic Healthcare Limited Its trading ticker symbol is SKHCF.

Sonic Healthcare Limited provides medical diagnostic and administrative services and facilities to medical practitioners. The company's business segments include Laboratory, Imaging and Other.

It has operations in Australia, New Zealand, the United Kingdom, the United States, Germany, Switzerland, Belgium, and Ireland.

The company was formerly known as Sonic Technology Australia Limited and changed its name to Sonic Healthcare Limited in November 1995. The company is headquartered in Macquarie Park, Australia

Three key data points measure dividend equities or funds likeSonic Healthcare Limited (SKHCF): 

(1) Price

(2) Dividends

(3) Returns

After those three, four more keys will unlock an equity or fund in which to invest.

Those first three primary keys, however, best tell whether a company has made, is making, and will make money.

SKHCF Price

Sonic Healthcare's price at Friday's market close was $18.17 per share.A year ago its price was $15.65. That is a gain of $3.52 per share in the past year. 

Assuming Sonic Healthcare's price gains at the same pace this year, its price would grow from $15.65 to $19.17 by March 2019.

SKHCF Dividends

Sonic Healthcare's most recent semi-annual dividend was $0.37 declared in August and paid in October.

The Sonic Healthcare annual dividend for 2018 is estimated at $0.72 to be paid in two variable semi-annual installments in April and October.

The yield from that $0.72 annual dividend was 3.96% at Friday's $18.17 share price. 

Gains For SKHCF

Adding the $0.72 annual dividend to the $3.52 estimated price gain makes a $4.24 projected gross annual gain, to cover any cost to trade those shares. 

Say $1,000.00 was invested at Friday's $18.17 price. That trade bought 55 shares.

A $10 broker fee paid as $5 at purchase and $5 at sale of the shares equals about $0.19 in cost per share Subtracting that $0.19 brokerage cost from the estimated $4.24 gross gain leaves a net gain to next year of $4.05 X 55 shares = $272.35 or a 27% net gain on a $999.35 investment.

Therefore, Sonic Healthcare Limited (whose ticker symbol is SKHCF), now shows a possible 27% net gain including a 3.96% dividend yield.

NO analysts cover this stock. However, its price history shows a somewhat choppy upward climb in the past nine year

These forward-looking numbers are conjecture based on past year performance. The actual results remain to be seen. They could turn out to be far higher or lower. More study is required for you to determine if Sonic Healthcare Limited (SKHCF) is worth your time and money.

Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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