Ramsay Health Care Announces AUD 0.40 Per Share Dividend Fully Franked at 30%
Ramsay Health Care has announced a fully franked ordinary dividend of AUD 0.40 per share for the six months ending June 2025, signaling steady returns for shareholders.
- Ordinary dividend of AUD 0.40 per share
- Fully franked at 30% corporate tax rate
- Ex-dividend date set for 3 September 2025
- Payment scheduled for 25 September 2025
- Dividend Reinvestment Plan not applicable for this payout
Dividend Announcement Overview
Ramsay Health Care Limited (ASX, RHC), a leading player in the healthcare services sector, has declared an ordinary dividend of AUD 0.40 per share for the half-year period ending 30 June 2025. This dividend is fully franked, reflecting the company’s confidence in its ongoing profitability and commitment to returning value to shareholders.
The dividend will be paid on 25 September 2025, with the ex-dividend date set for 3 September and the record date on 4 September. These dates are critical for investors looking to qualify for the dividend payment.
Franking and Currency Details
The dividend is fully franked at the prevailing corporate tax rate of 30%, meaning shareholders receive a credit for the tax already paid by Ramsay Health Care. This is particularly attractive for Australian investors seeking tax-effective income streams.
Payments will be made in Australian dollars, with no default currency variations based on shareholder location. However, non-resident shareholders interested in receiving dividends in local foreign currencies are advised to contact the company’s share registry, Boardroom Pty Limited, for arrangements.
Dividend Reinvestment Plan Status
While Ramsay Health Care maintains a Dividend Reinvestment Plan (DRP), it will not be applicable for this dividend distribution. This decision may reflect the company’s current capital management strategy or market conditions, leaving shareholders to receive cash payments rather than reinvest automatically.
Implications for Investors
This dividend announcement underscores Ramsay Health Care’s stable financial footing amid a competitive healthcare environment. The fully franked nature of the dividend enhances its appeal to income-focused investors, while the absence of required approvals prior to payment suggests a straightforward distribution process.
Investors will be watching closely for the company’s upcoming financial results and any commentary on future dividend policy, which will provide further clarity on Ramsay’s growth prospects and capital allocation priorities.
Bottom Line?
Ramsay’s steady dividend payout reinforces its shareholder value proposition but leaves questions about future reinvestment strategies.
Questions in the middle?
- Will Ramsay Health Care reinstate its Dividend Reinvestment Plan for upcoming dividends?
- How sustainable is the AUD 0.40 dividend amid evolving healthcare sector pressures?
- What guidance will the company provide regarding dividend policy in its next financial report?