$164.84
+0.76%Tenet Healthcare Corporation operates as a diversified healthcare services company. The company operates in three segments: Hospital Operations and Other, Ambulatory Care, and Conifer. Its general hospitals offer acute care services, operating and recovery rooms, radiology and respiratory therapy services, clinical laboratories, and pharmacies. The company also provides intensive and critical care, and coronary care units; cardiovascular, digestive disease, neurosciences, musculoskeletal, and obstetrics services; outpatient services, including physical therapy; cardiothoracic surgery, complex spinal surgery, neonatal intensive care, and neurosurgery services; quaternary care services in heart and kidney transplants; and limb-salvaging vascular procedure, acute level 1 trauma, intravascular stroke care, minimally invasive cardiac valve replacement, imaging, and telemedicine access services. In addition, it operates ambulatory surgery and urgent care centers, imaging centers, surgical hospitals, off-campus emergency departments, and micro-hospitals; and offers healthcare business process services in the areas of hospital and physician revenue cycle management, patient communications and engagement support, and value-based care solutions to hospitals, health systems, physician practices, employers, and other customers. As of February 09, 2022, the company operated 60 hospitals; and approximately 550 other healthcare facilities, including surgical hospitals, ambulatory surgery centers, urgent care and imaging centers, and other care sites and clinics. Tenet Healthcare Corporation was incorporated in 1975 and is headquartered in Dallas, Texas.
No Dividend Yield Data
THC has not reported any dividend yield values in the available annual periods.
No Dividend Payout Ratio Data
THC has not reported any dividend payout ratio values in the available annual periods.
No Net Dividends Paid Data
THC has not reported any net dividends paid values in the available annual periods.
Total Payments
25
Latest Dividend
$0.0270
Annual Amount
$0.0267
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
Mar 6, 2000 | Mar 15, 2000 | Mar 24, 2000 | $0.0100 | $0.0270 | Quarterly | -91.56% |
N/A | Aug 20, 1993 | Sep 10, 1993 | $0.1200 | $0.3200 | Quarterly | 0.00% |
N/A | May 21, 1993 | Jun 11, 1993 | $0.1200 | $0.3200 | Quarterly | 0.00% |
N/A | Feb 19, 1993 | Mar 12, 1993 | $0.1200 | $0.3200 | Quarterly | 0.00% |
N/A | Nov 13, 1992 | Dec 4, 1992 | $0.1200 | $0.3200 | Quarterly | 0.00% |
N/A | Aug 14, 1992 | Sep 4, 1992 | $0.1200 | $0.3200 | Quarterly | +4.23% |
N/A | May 15, 1992 | Jun 5, 1992 | $0.1150 | $0.3070 | Quarterly | 0.00% |
N/A | Feb 14, 1992 | Mar 6, 1992 | $0.1150 | $0.3070 | Quarterly | 0.00% |
N/A | Nov 15, 1991 | Dec 6, 1991 | $0.1150 | $0.3070 | Quarterly | 0.00% |
N/A | Aug 16, 1991 | Sep 6, 1991 | $0.2300 | $0.3070 | Quarterly | +14.98% |
N/A | May 17, 1991 | Jun 7, 1991 | $0.2000 | $0.2670 | Quarterly | 0.00% |
N/A | Feb 15, 1991 | Mar 8, 1991 | $0.2000 | $0.2670 | Quarterly | 0.00% |
N/A | Nov 16, 1990 | Dec 7, 1990 | $0.2000 | $0.2670 | Quarterly | 0.00% |
N/A | Aug 17, 1990 | Sep 7, 1990 | $0.2000 | $0.2670 | Quarterly | +11.25% |
N/A | May 18, 1990 | Jun 8, 1990 | $0.1800 | $0.2400 | Quarterly | 0.00% |
N/A | Feb 16, 1990 | Mar 9, 1990 | $0.1800 | $0.2400 | Quarterly | 0.00% |
N/A | Nov 17, 1989 | Dec 8, 1989 | $0.1800 | $0.2400 | Quarterly | 0.00% |
N/A | Aug 18, 1989 | Sep 8, 1989 | $0.1800 | $0.2400 | Quarterly | +5.73% |
N/A | May 19, 1989 | Jun 9, 1989 | $0.1700 | $0.2270 | Quarterly | 0.00% |
N/A | Feb 17, 1989 | Mar 10, 1989 | $0.1700 | $0.2270 | Quarterly | 0.00% |
N/A | Nov 18, 1988 | Dec 9, 1988 | $0.1700 | $0.2270 | Quarterly | 0.00% |
N/A | Aug 19, 1988 | Sep 9, 1988 | $0.1700 | $0.2270 | Quarterly | +6.57% |
N/A | May 20, 1988 | Jun 10, 1988 | $0.1600 | $0.2130 | Quarterly | 0.00% |
N/A | Feb 19, 1988 | Mar 11, 1988 | $0.1600 | $0.2130 | Quarterly | 0.00% |
N/A | Nov 20, 1987 | Dec 11, 1987 | $0.1600 | $0.2130 | Quarterly | - |
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.
Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.
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