Why investors are cheering for the Ramsay Health Care (ASX:RHC) dividend

Global hospital group Ramsay Health Care Limited (ASX: RHC) gave investors something to cheer about last week when it released its first-half results for the 2021 financial year. The Ramsay Health Care share price rose 8% as the company announced net profit after tax (NPAT) was up almost 1%, despite the challenges presented by COVID-19. 

Importantly for income investors, the company also announced it would resume paying dividends after not paying a final dividend in 2020. Here’s what you need to know.

What is the Ramsay Health Care dividend yield?

Ramsay Health Care declared an interim dividend of 48.5 cents per share for the six months to 31 December 2020. This was down -22.4% on the same period in 2019 and because there was no…