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Dividend Vision

THC — Tenet Healthcare Corp.

Tenet Healthcare Corp. (THC)

Its deepest 1-year drawdown was 34.1%.

Tenet Healthcare Corporation operates a diversified healthcare services business across the United States, running general acute care hospitals, specialty hospitals, ambulatory surgery centers, and outpatient facilities that provide a broad range of medical services from routine care to complex procedures like organ transplants and cardiothoracic surgery. The company does not currently distribute dividends to shareholders. This stock may appeal to investors seeking equity exposure to the healthcare services sector rather than those focused on dividend income.

THC key facts

Asset type
Stock
Asset class
Equity
Inception date
03/17/1980
Distribution frequency
Quarterly
5-year average yield
2.75
Last close
$267.90
Market cap
$21,571,039,232
Average volume
530000.0
Ex-dividend date
03/13/2000
Payment date
03/24/2000
Beta
1.23
Payout ratio
0.0
P/E ratio
10.3516
Forward P/E
12.987
EPS
$25.88