company-logo

Concord Medical Services Holdings Limited, together its subsidiaries, operates a network of radiotherapy and diagnostic imaging centers in the People's Republic of China. The company operates in two segments, Network and Hospital. Its services include linear accelerators external beam radiotherapy, gamma knife radiosurgery, head gamma knife systems, body gamma knife systems, and diagnostic imaging services. The company's other treatments and diagnostic services comprise computed tomography scanners. In addition, it provides clinical support services, such as developing treatment protocols for doctors, and organizing joint diagnosis between doctors in its network and clinical research, as well as helps to recruit and determine the compensation of doctors and other medical personnel. Further, the company offers radiotherapy and diagnostic equipment leasing, management services, and premium cancer and proton treatment services to hospitals, as well as teleconsultation and medical information technology services; and sells medical equipment. Additionally, it operates specialty cancer hospitals, which offer radiotherapy services, diagnostic imaging services, chemotherapy, and surgery. As of December 31, 2021, it operated a network of 16 cooperative centers based in 13 hospitals. Concord Medical Services Holdings Limited was founded in 1997 and is headquartered in Beijing, the People's Republic of China.

Concord Medical Services Dividend Announcement

Concord Medical Services announced a semi annually dividend of $0.99 per ordinary share which will be made payable on 2016-01-29. Ex dividend date: 2015-12-23
Concord Medical Services's trailing twelve-month (TTM) dividend yield is -%

Concord Medical Services Dividend History

Ex-Div dateDividend amountDividend typePay date
2015-12-23$0.99semi annually2016-01-29
2014-08-05$0.90semi annually2014-09-30
2014-01-16$0.72semi annually2014-01-30
2011-08-29$0.18semi annually2011-09-30

Concord Medical Services Dividend per year

Concord Medical Services Dividend Yield

Concord Medical Services current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Concord Medical Services stock? Use our calculator to estimate your expected dividend yield:

Concord Medical Services Financial Ratios

P/E ratio-0.57
PEG ratio-0.00
P/B ratio-0.07
ROE12.96%
Payout ratio0.00%
Current ratio0.47
Quick ratio0.46
Cash Ratio0.05

Concord Medical Services Dividend FAQ

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