Chiang Mai Ram Medical Business Public Company Limited, together with its subsidiaries, operates a medical care center in Thailand. It offers medical services in the areas of internal medicine, cardiology, general practice, pediatric, orthopedic and general surgery, pediatric surgery, obstetrics-gynecology, radiology, dentistry, anesthetic, ENT, and eye; and operates sub-specialty clinics for urology, neurology, endocrinology, oncology, hematology, plastic surgery, GI tract, and dermatology, as well as infertile and gynecologic oncology clinics. The company also provides dental, X-ray, CT colonoscopy, cardiac catheterization, gynecologic cancer, back pain, physical therapy and rehabilitation, operating theatre, laboratory examination, real-time PCR, ambulance, and CRD and health check-up services; and insurance products. It operates a medical care center under the Lanna Hospital name. The company was founded in 1974 and is headquartered in Chiang Mai, Thailand. Chiang Mai Ram Medical Business Public Company Limited is a subsidiary of Vibhavadi Medical Center Public Company Limited.
Chiang Mai Ram Medical Business Dividend Announcement
• Chiang Mai Ram Medical Business announced a annually dividend of ฿0.06 per ordinary share which will be made payable on . Ex dividend date: 2024-03-18
• Chiang Mai Ram Medical Business annual dividend for 2024 was ฿0.06
• Chiang Mai Ram Medical Business annual dividend for 2023 was ฿0.07
• Chiang Mai Ram Medical Business's trailing twelve-month (TTM) dividend yield is 3.01%
• Chiang Mai Ram Medical Business's payout ratio for the trailing twelve months (TTM) is 123.94%
• Chiang Mai Ram Medical Business's dividend growth over the last five years (2018-2023) was 7.03% year
• Chiang Mai Ram Medical Business's dividend growth over the last ten years (2013-2023) was -30.47% year
Chiang Mai Ram Medical Business Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-18 | ฿0.06 | annually | |
2023-03-23 | ฿0.07 | annually | 2023-05-25 |
2022-03-16 | ฿0.07 | annually | 2022-05-24 |
2021-03-16 | ฿0.05 | annually | 2021-05-21 |
2020-03-16 | ฿0.06 | annually | 2020-05-25 |
2019-03-14 | ฿0.05 | annually | 2019-05-15 |
2018-03-14 | ฿0.05 | annually | 2018-05-22 |
2017-03-10 | ฿0.05 | annually | 2017-05-23 |
2016-03-10 | ฿4.16 | annually | |
2015-03-17 | ฿3.60 | annually | |
2014-03-18 | ฿3.00 | annually | |
2013-03-29 | ฿2.50 | annually |
Chiang Mai Ram Medical Business Dividend per year
Chiang Mai Ram Medical Business Dividend growth
Chiang Mai Ram Medical Business Dividend Yield
Chiang Mai Ram Medical Business current trailing twelve-month (TTM) dividend yield is 3.01%. Interested in purchasing Chiang Mai Ram Medical Business stock? Use our calculator to estimate your expected dividend yield:
Chiang Mai Ram Medical Business Financial Ratios
Chiang Mai Ram Medical Business Dividend FAQ
Other factors to consider when evaluating Chiang Mai Ram Medical Business 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: Chiang Mai Ram Medical Business'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, Chiang Mai Ram Medical Business 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, Chiang Mai Ram Medical Business 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 Chiang Mai Ram Medical Business 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: Chiang Mai Ram Medical Business 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, Chiang Mai Ram Medical Business distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Chiang Mai Ram Medical Business 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 Chiang Mai Ram Medical Business'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 Chiang Mai Ram Medical Business'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.