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The latest update is out from Oceania Healthcare ( (AU:OCA) ).
Oceania Healthcare has announced significant growth and transformation since its 2017 market listing, with assets tripling to nearly $3 billion and 88% of its sites being newly developed or acquired. The company has updated its dividend policy to better align with cash generation, focusing on capital management and future growth, while also emphasizing sustainability and risk management. Despite not paying a dividend for FY25, Oceania remains committed to rewarding shareholders and is well-positioned to meet the increasing demand for aged care services in New Zealand.
More about Oceania Healthcare
Oceania Healthcare operates in the healthcare industry, providing personal support and care services through its care homes and retirement villages. The company focuses on modernizing its portfolio to offer high-quality living environments and has significantly expanded its assets since its market listing in 2017.
Average Trading Volume: 3,926
Technical Sentiment Signal: Sell
Current Market Cap: A$442.8M
For detailed information about OCA stock, go to TipRanks’ Stock Analysis page.