June Fundamental Stock Pick: Ramsay Health Care Limited (ASX:RHC)
Ramsay Health Care Limited (ASX:RHC) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the case of RHC, it is a notable dividend payer with a a great track record of delivering benchmark-beating performance. Below is a brief commentary on these key aspects. If you’re interested in understanding beyond my high-level commentary, read the full report on Ramsay Health Care here.
Proven track record average dividend payer
Over the past few years, RHC has demonstrated a proven ability to generate robust returns of 21.11% Unsurprisingly, RHC surpassed the Healthcare industry return of 11.41%, which gives us more confidence of the company’s capacity to drive earnings going forward.
Income investors would also be happy to know that RHC is a great dividend company, with a current yield standing at 2.24%. RHC has also been regularly increasing its dividend payments to shareholders over the past decade.
Next Steps:
For Ramsay Health Care, there are three important aspects you should further examine:
Future Outlook: What are well-informed industry analysts predicting for RHC’s future growth? Take a look at our free research report of analyst consensus for RHC’s outlook.
Financial Health: Is RHC’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of RHC? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.
