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Fisher & Paykel Healthcare Corp Ltd (ASX: FPH) Share Price and News

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Fisher & Paykel Healthcare Corp Ltd (FPH) is a global designer and manufacturer of products and systems for use in a range of healthcare services. The company’s products are split into two groups: hospital and homecare.

In the hospital product group, Fisher & Paykel provides a range of humidification products such as ventilators and nasal high flow for adults and infants. Within homecare, Fisher & Paykel is a leading provider of CPAP devices and humidifiers for those who suffer from obstructive sleep apnea.

The overarching Fisher & Paykel company was established in 1934 as an importer of refrigerators and washing machines. The company’s involvement in healthcare began in 1969 when it looked to branch out and benefit from growing manufacturing and electronic expertise.

In 2001, the company split into two separate entities, healthcare and appliances. Today, Fisher & Paykel Healthcare reaches customers in more than 120 countries and its shares are listed on both the ASX and NZX.

Fisher & Paykel Healthcare Corp Ltd (ASX: FPH) Latest News

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Will Fisher & Paykel Healthcare pay a dividend in 2020?

Yes. Fisher & Paykel Healthcare has paid twice yearly, unfranked dividends every year since mid-2002, the year following its initial listing on the ASX. The company paid an interim dividend of 11.48 cents per share on 19 December 2019. Fisher & Paykel Healthcare’s final dividend payment of 18.24 cents per share will be paid on 17 July 2020.

Does Fisher & Paykel Healthcare offer a DRP?

Fisher & Paykel Healthcare established a dividend reinvestment plan in 2009 however it has been suspended since May 2019 so is not currently in operation.