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Artemis Medicare Services Limited manages and operates multi specialty hospitals in India and internationally. The company offers medical and surgical intervention; and inpatient and outpatient services. It also operates Artemis Hospital, a 541 bed multi-specialty hospital located in Gurugram, India. Artemis Medicare Services Limited was incorporated in 2004 and is based in Gurugram, India.

Artemis Medicare Services Dividend Announcement

Artemis Medicare Services announced a annually dividend of ₹0.45 per ordinary share which will be made payable on 2024-08-23. Ex dividend date: 2024-07-05
Artemis Medicare Services annual dividend for 2024 was ₹0.45
Artemis Medicare Services annual dividend for 2023 was ₹0.45
Artemis Medicare Services's trailing twelve-month (TTM) dividend yield is 0.16%

Artemis Medicare Services Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-05₹0.45annually2024-08-23
2023-07-14₹0.45annually2023-08-31

Artemis Medicare Services Dividend per year

Artemis Medicare Services Dividend Yield

Artemis Medicare Services current trailing twelve-month (TTM) dividend yield is 0.16%. Interested in purchasing Artemis Medicare Services stock? Use our calculator to estimate your expected dividend yield:

Artemis Medicare Services Financial Ratios

P/E ratio74.58
PEG ratio5.11
P/B ratio9.18
ROE12.78%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Artemis Medicare Services Dividend FAQ

Does Artemis Medicare Services stock pay dividends?
Artemis Medicare Services does not currently pay dividends to its shareholders.
Has Artemis Medicare Services ever paid a dividend?
No, Artemis Medicare Services has no a history of paying dividends to its shareholders. Artemis Medicare Services is not known for its dividend payments.
Why doesn't Artemis Medicare Services pay dividends?
There are several potential reasons why Artemis Medicare Services would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Artemis Medicare Services ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Artemis Medicare Services has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Artemis Medicare Services a dividend aristocrat?
Artemis Medicare Services is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Artemis Medicare Services a dividend king?
Artemis Medicare Services is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Artemis Medicare Services a dividend stock?
No, Artemis Medicare Services is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Artemis Medicare Services stocks?
To buy Artemis Medicare Services you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Artemis Medicare Services stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.