- RHC shares opened on a positive, in sync, with the broader markets but closed flat today.
- RMD shares fell 1.59% while CPU shares were up 1.84% in today session.
- Investors must do a proper due diligence before investing in the stock market.
The Australian market started the day on a positive note, taking cues from Wall Street. However, by the closing, the benchmark ASX 200 index closed 0.16% lower at 7,304.7 as investors’ selling hit frontline stocks during the session.
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Let us have a look at three of the heavyweight ASX 200 stocks and how they have performed in today’s session.
- Ramsay Health Care Limited (ASX:RHC)
Ramsay Health Care is a global hospital chain, which owns comprehensive range of healthcare facilities in Australia, Malaysia, etc. It has a market capitalisation of AU$18.08 billion with a total of 228.88 billion issued shares. The company’s shares are trading at a dividend yield of 1.91%, having declared a total of AU$1.515 per share in CY21.
RHC shares also opened on a positive note, in sync with the broader markets; however, selling pressure from the top materialised into a flat closing. The stock closed AU$0.01 lower as compared to yesterday’s closing, clocking a volume of 1.05 million shares.
- ResMed Inc (ASX:RMD)
ResMed is a California-based medical device manufacturing company, which provides cloud-connected devices to treat conditions such as sleep apnea, chronic obstructive pulmonary disease (COPD), etc. The company has a market capitalisation of AU$41.29 billion with 1.46 billion issued shares.
RMD shares tumbled in today’s session, closing 1.59% to AU$27.78 on 4 May 2022. The stock has fallen 23% this year and is trading at a dividend yield of 0.58%. The company will be paying its next dividend of AU$0.041 on 16 June 2022, record date of which is 12 May 2022.
- Computershare Limited (ASX:CPU)
The last stock on our list is a Melbourne-based Computershare, which provides software specialising in share registry, stock option and employee share transfer plan, etc. in many countries. The company has a market capitalisation of AU$14.42 billion and 603.7 billion issued shares.
Although, the ASX 200 Information Technology index ended the session 0.95% lower, CPU shares closed 1.84% higher at AU$24.34 on 4 May 2022. The stock has delivered an impressive 19.55% YTD return so far and is trading at a dividend yield of 1.96%.
Investing in the stock market is a risky venture, despite some people claiming blue chips to be a safe investment. Therefore, before investing in stock market, investors must do a proper due diligence.