China Resources Medical Holdings Company Limited, an investment holding company, provides general healthcare, and hospital management and consulting services in the People's Republic of China. The ocmapny operates in three segments: Self-Owned Hospitals, Invest-Operate-Transfer/Operate-Transfer Hospitals, and Others. It also offers group purchasing organization and other hospital-derived services. In addition, the company manages and operates third-party hospitals and clinics under the invest-operate-transfer model. Further, it sells pharmaceuticals, medical devices, and medical consumables and equipment. The company was formerly known as China Resources Phoenix Healthcare Holdings Company Limited and changed its name to China Resources Medical Holdings Company Limited in October 2018. China Resources Medical Holdings Company Limited was founded in 2007 and is headquartered in Beijing, the People's Republic of China.
China Resources Medical Dividend Announcement
• China Resources Medical announced a semi annually dividend of HK$0.05 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-09-09
• China Resources Medical annual dividend for 2024 was HK$0.12
• China Resources Medical annual dividend for 2023 was HK$0.04
• China Resources Medical's trailing twelve-month (TTM) dividend yield is 2.97%
• China Resources Medical's payout ratio for the trailing twelve months (TTM) is 14.41%
• China Resources Medical's dividend growth over the last five years (2018-2023) was -19.58% year
China Resources Medical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-09 | HK$0.05 | semi annually | 2024-10-25 |
2024-06-07 | HK$0.07 | semi annually | 2024-07-19 |
2023-06-07 | HK$0.04 | semi annually | 2023-07-19 |
2022-06-07 | HK$0.12 | semi annually | 2022-07-19 |
2021-06-07 | HK$0.09 | semi annually | 2021-06-23 |
2020-06-01 | HK$0.10 | semi annually | 2020-06-16 |
2019-07-11 | HK$0.12 | semi annually | 2019-07-29 |
2018-06-12 | HK$0.11 | semi annually | 2018-07-20 |
2017-06-21 | HK$0.06 | semi annually | 2017-07-28 |
2016-06-14 | HK$0.12 | semi annually | |
2016-01-07 | HK$0.12 | semi annually | 2016-01-29 |
2015-06-08 | HK$0.05 | semi annually | 2015-07-02 |
2014-06-10 | HK$0.07 | semi annually | 2014-07-08 |
China Resources Medical Dividend per year
China Resources Medical Dividend growth
China Resources Medical Dividend Yield
China Resources Medical current trailing twelve-month (TTM) dividend yield is 2.97%. Interested in purchasing China Resources Medical stock? Use our calculator to estimate your expected dividend yield:
China Resources Medical Financial Ratios
China Resources Medical Dividend FAQ
Other factors to consider when evaluating China Resources Medical 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: China Resources Medical'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, China Resources Medical 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, China Resources Medical 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 China Resources Medical 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: China Resources Medical 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, China Resources Medical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: China Resources Medical 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 China Resources Medical'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 China Resources Medical'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.