CareRay Digital Medical Technology (688607.SS) Dividend: History, Dates & Yield - 2024
Tags:Dividend History
CareRay Digital Medical Technology announced a annually dividend of ¥0.05 per ordinary share, payable on 2024-06-17, with an ex-dividend date of 2024-06-17. CareRay Digital Medical Technology typically pays dividends one times a year, compared to ¥0.05 in 2024.
Find details on CareRay Digital Medical Technology's dividend performance with a comprehensive history of past and upcoming payments.
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-17 | ¥0.05 | annually | 2024-06-17 |
| 2022-06-24 | ¥0.29 | annually | 2022-06-24 |
| 2021-07-02 | ¥0.34 | annually | 2021-07-02 |
Dividend Increase
By comparing CareRay Digital Medical Technology's dividend growth to other companies, investors can gain insight into how consistent its dividend strategy is and what that means for future payouts. However, dividend growth is just one factor to consider. Investors should also evaluate other metrics, such as earnings growth, payout ratio, and overall financial health, to get a full picture of Walmart's dividend sustainability and potential.
Dividend Yield
CareRay Digital Medical Technology's current trailing twelve-month (TTM) dividend yield is 0.42%.
| Company | Dividend Yield | Annual Dividend | Stock Price |
|---|---|---|---|
| CareRay Digital Medical Technology (688607.SS) | 0.42% | ¥0.054 | ¥12.95 |
| null (null) | null% | 0 | 0 |
| null (null) | null% | 0 | 0 |
Dividend Yield Calculator
Interested in purchasing CareRay Digital Medical Technology stock? Use our calculator to estimate your expected dividend yield and see how Walmart's consistent payouts could contribute to your long-term investment goals. Understanding your potential returns can help you make an informed decision.
Payout Ratio
CareRay Digital Medical Technology has a payout ratio of 0.21%. In comparison, Ningbo Lehui International Engineering Equipment has a payout ratio of 2.08%, while iRay Technology's payout ratio is 0.45%.
It's important to note that the payout ratio is just one of many metrics investors use to assess a company's dividend sustainability and growth potential. It should be considered alongside other financial indicators such as earnings, cash flow, and debt levels to gain a complete picture of the company's financial health.
About CareRay Digital Medical Technology
- Global presence Company operates in multiple countries worldwide
- Key segments Generates revenue from various industries including consumer goods, technology, healthcare, and financial services
- Products/services Offers diverse product and service portfolio catering to different customer needs
- Financial stability Demonstrates strong financial performance and consistent dividend payments to investors
- Growth potential Company shows potential for continued growth and profitability in the future
Frequently Asked Question
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.
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