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Aster DM Healthcare Limited operates as a healthcare company in India and internationally. The company operates through Hospitals, Clinics, Retail Pharmacies, and Other segments. It provides primary, secondary, tertiary, and quaternary healthcare services through 29 hospitals, 120 clinics, 371 retail pharmacies, 114 labs, and patient experience centers under the Aster, Medcare, and Access brands. In addition, it offers healthcare retailing, diagnostic laboratories, digital health, and medical education services. The company was founded in 1987 and is headquartered in Dubai, the United Arab Emirates.

Aster DM Healthcare Dividend Announcement

Aster DM Healthcare announced a semi annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-09-28. Ex dividend date: 2024-08-22
Aster DM Healthcare annual dividend for 2024 was ₹120.00
Aster DM Healthcare's trailing twelve-month (TTM) dividend yield is 27.32%

Aster DM Healthcare Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-22₹2.00semi annually2024-09-28
2024-04-23₹118.00semi annually2024-05-12

Aster DM Healthcare Dividend per year

Aster DM Healthcare Dividend Yield

Aster DM Healthcare current trailing twelve-month (TTM) dividend yield is 27.32%. Interested in purchasing Aster DM Healthcare stock? Use our calculator to estimate your expected dividend yield:

Aster DM Healthcare Financial Ratios

P/E ratio4.06
PEG ratio-0.20
P/B ratio6.38
ROE121.05%
Payout ratio0.00%
Current ratio1.93
Quick ratio1.82
Cash Ratio1.45

Aster DM Healthcare Dividend FAQ

Does Aster DM Healthcare stock pay dividends?
Aster DM Healthcare does not currently pay dividends to its shareholders.
Has Aster DM Healthcare ever paid a dividend?
No, Aster DM Healthcare has no a history of paying dividends to its shareholders. Aster DM Healthcare is not known for its dividend payments.
Why doesn't Aster DM Healthcare pay dividends?
There are several potential reasons why Aster DM Healthcare 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 Aster DM Healthcare 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 Aster DM Healthcare 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 Aster DM Healthcare a dividend aristocrat?
Aster DM Healthcare 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 Aster DM Healthcare a dividend king?
Aster DM Healthcare 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 Aster DM Healthcare a dividend stock?
No, Aster DM Healthcare 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 Aster DM Healthcare stocks?
To buy Aster DM Healthcare 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 Aster DM Healthcare 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.