Apollo Hospitals Enterprise Limited, together with its subsidiaries, provides healthcare services in India and internationally. The company's healthcare facilities comprise primary, secondary, and tertiary care facilities. Its tertiary care hospitals provide advanced healthcare services; and specialties in cardiac sciences, oncology, neurosciences, orthopedics, emergency, robotic surgery, and transplants. The company also provides other services, such as project consultancy, health insurance, medical colleges, medvarsity for e-learning, and research services. In addition, it operates pharmacies, primary care clinics, birthing centers, specialized birthing centers, single specialty clinics, primary health centers and diagnostic chains, dental clinics, and daycare and home healthcare centers. The company's footprint includes 9,911 beds, 4,529 pharmacies, and 1,734 national retail healthcare centers, as well as Apollo 24/7, an end-to-end omni-channel healthcare platform and www.apollopharmacy, an online pharmacy. Apollo Hospitals Enterprise Limited was incorporated in 1979 and is based in Chennai, India.
Apollo Hospitals Enterprise Dividend Announcement
• Apollo Hospitals Enterprise announced a semi annually dividend of ₹10.00 per ordinary share which will be made payable on 2024-09-09. Ex dividend date: 2024-08-16
• Apollo Hospitals Enterprise annual dividend for 2024 was ₹16.00
• Apollo Hospitals Enterprise annual dividend for 2023 was ₹15.00
• Apollo Hospitals Enterprise's trailing twelve-month (TTM) dividend yield is 0.22%
• Apollo Hospitals Enterprise's dividend growth over the last five years (2018-2023) was 24.57% year
• Apollo Hospitals Enterprise's dividend growth over the last ten years (2013-2023) was 10.55% year
Apollo Hospitals Enterprise Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-16 | ₹10.00 | semi annually | 2024-09-09 |
2024-02-20 | ₹6.00 | semi annually | |
2023-08-18 | ₹9.00 | semi annually | 2023-09-27 |
2023-02-24 | ₹6.00 | semi annually | 2023-03-10 |
2022-08-18 | ₹11.75 | semi annually | 2022-09-06 |
2021-08-18 | ₹3.00 | semi annually | 2021-09-10 |
2020-09-17 | ₹2.75 | semi annually | 2020-10-05 |
2020-02-25 | ₹3.25 | semi annually | 2020-03-05 |
2019-09-12 | ₹6.00 | semi annually | 2019-10-05 |
2018-09-12 | ₹5.00 | semi annually | 2018-10-11 |
2017-09-07 | ₹6.00 | semi annually | 2017-10-04 |
2016-03-22 | ₹6.00 | semi annually | 2016-03-31 |
2015-07-30 | ₹5.75 | semi annually | 2015-08-25 |
2014-08-13 | ₹5.75 | semi annually | 2014-09-08 |
2013-07-25 | ₹5.50 | semi annually | 2013-08-17 |
Apollo Hospitals Enterprise Dividend per year
Apollo Hospitals Enterprise Dividend growth
Apollo Hospitals Enterprise Dividend Yield
Apollo Hospitals Enterprise current trailing twelve-month (TTM) dividend yield is 0.22%. Interested in purchasing Apollo Hospitals Enterprise stock? Use our calculator to estimate your expected dividend yield:
Apollo Hospitals Enterprise Financial Ratios
Apollo Hospitals Enterprise Dividend FAQ
Other factors to consider when evaluating Apollo Hospitals Enterprise as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Apollo Hospitals Enterprise's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Apollo Hospitals Enterprise publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Apollo Hospitals Enterprise distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Apollo Hospitals Enterprise are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Apollo Hospitals Enterprise sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Apollo Hospitals Enterprise distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Apollo Hospitals Enterprise declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Apollo Hospitals Enterprise's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Apollo Hospitals Enterprise's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.