Afya Limited Plans Annual Dividend of $0.66 (NASDAQ:AFYA)

Afya Limited (NASDAQ:AFYA) declared an annual dividend on Thursday, March 12th, NASDAQ Dividends reports. Investors of record on Wednesday, March 25th will be given a dividend of 0.656 per share on Monday, April 6th. This represents a yield of 460.0%. The ex-dividend date of this dividend is Wednesday, March 25th.

Afya has a payout ratio of 12.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Afya to earn $1.91 per share next year, which means the company should continue to be able to cover its $0.23 annual dividend with an expected future payout ratio of 12.0%.

Afya Stock Down 0.9%

Afya stock opened at $14.69 on Monday. Afya has a 1-year low of $13.00 and a 1-year high of $19.90. The firm has a 50 day simple moving average of $14.34 and a 200 day simple moving average of $14.74. The company has a current ratio of 2.20, a quick ratio of 0.98 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $1.38 billion, a price-to-earnings ratio of 10.06, a P/E/G ratio of 0.66 and a beta of 0.52.

Afya (NASDAQ:AFYA) last released its quarterly earnings data on Thursday, March 12th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.05. The company had revenue of $147.08 million for the quarter, compared to analyst estimates of $174.74 million. Afya had a return on equity of 18.77% and a net margin of 20.31%. On average, analysts predict that Afya will post 1.52 earnings per share for the current year.

Afya Company Profile

Afya Ltd. operates as a leading provider of medical education and training services in Brazil. The company offers a comprehensive suite of educational programs that span undergraduate medical degrees, residency exam preparation, continuing medical education (CME) and digital learning platforms. Through a network of partner institutions and its own campus operations, Afya supports students at every stage of the medical training continuum, from enrollment in medical schools to ongoing professional development for practicing physicians.

At the core of Afya’s offerings is its undergraduate medical program, delivered through a combination of in-person courses at affiliated campuses and fully digital curricula.