Artemis Medicare Services Ltd. engages in the management and operation of specialty hospitals and commercial operation of Artemis Hospitals. It operates through the Medical and Healthcare Services segment. The company was founded on May 18, 2004 and is headquartered in Gurugram, India.
Artemis Medicare Services Limi Dividend Announcement
• Artemis Medicare Services Limi 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 Limi annual dividend for 2024 was ₹0.45
• Artemis Medicare Services Limi annual dividend for 2023 was ₹0.45
• Artemis Medicare Services Limi's trailing twelve-month (TTM) dividend yield is 0.16%
Artemis Medicare Services Limi Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-05 | ₹0.45 | annually | 2024-08-23 |
| 2023-07-14 | ₹0.45 | annually | 2023-08-31 |
Artemis Medicare Services Limi Dividend per year
Artemis Medicare Services Limi Dividend Yield
Artemis Medicare Services Limi current trailing twelve-month (TTM) dividend yield is 0.16%. Interested in purchasing Artemis Medicare Services Limi stock? Use our calculator to estimate your expected dividend yield:
Artemis Medicare Services Limi Financial Ratios
P/E ratio68.62
PEG ratio0.69
P/B ratio8.57
ROE25.75%
Payout ratio0.00%
Current ratio0.98
Quick ratio0.92
Cash Ratio0.08
Artemis Medicare Services Limi Dividend FAQ
Does Artemis Medicare Services Limi stock pay dividends?
Artemis Medicare Services Limi does not currently pay dividends to its shareholders.
Has Artemis Medicare Services Limi ever paid a dividend?
No, Artemis Medicare Services Limi has no a history of paying dividends to its shareholders. Artemis Medicare Services Limi is not known for its dividend payments.
Why doesn't Artemis Medicare Services Limi pay dividends?
There are several potential reasons why Artemis Medicare Services Limi 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.
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 Limi 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 Limi 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 Limi a dividend aristocrat?
Artemis Medicare Services Limi 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 Limi a dividend king?
Artemis Medicare Services Limi 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 Limi a dividend stock?
No, Artemis Medicare Services Limi 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 Limi stocks?
To buy Artemis Medicare Services Limi 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 Limi 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.
Place an order: Use the brokerage's trading platform to place an order to buy Artemis Medicare Services Limi 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.