Dian Diagnostics Group Co.,Ltd. operates as a third-party independent medical diagnostic service company in China. It offers medical diagnosis solutions for various general hospitals and specialty hospitals, community health service centers, township health centers, physical examination centers, disease prevention and control centers, and other medical and health institutions. The company operates 40 chain laboratories worldwide. It also engages in the research, development, and production of in vitro diagnostic reagents and related equipment and consumables; provision of medical equipment, drugs, clinical samples, biological products, virus and microorganisms, finished blood, live animals, compounds, and diagnostic reagents, as well as other cold chain transportation, warehousing services, cold chain product sales, and technical services. The company was formerly known as Zhejiang DIAN Diagnostics Co., Ltd. and changed its name to Dian Diagnostics Group Co.,Ltd. in November 2017. Dian Diagnostics Group Co.,Ltd. was founded in 2001 and is based in Hangzhou, China.
Dian Diagnostics Dividend Announcement
• Dian Diagnostics announced a semi annually dividend of ¥0.65 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-09-20
• Dian Diagnostics annual dividend for 2024 was ¥0.71
• Dian Diagnostics annual dividend for 2023 was ¥0.20
• Dian Diagnostics's trailing twelve-month (TTM) dividend yield is 9.52%
• Dian Diagnostics's payout ratio for the trailing twelve months (TTM) is -713.49%
• Dian Diagnostics's dividend growth over the last five years (2018-2023) was 51.57% year
• Dian Diagnostics's dividend growth over the last ten years (2013-2023) was 7.18% year
Dian Diagnostics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-20 | ¥0.65 | semi annually | 2024-09-20 |
2024-06-13 | ¥0.06 | semi annually | 2024-06-13 |
2023-05-31 | ¥0.20 | semi annually | 2023-05-31 |
2022-06-08 | ¥0.14 | semi annually | 2022-06-08 |
2021-06-24 | ¥0.13 | semi annually | 2021-06-24 |
2020-07-27 | ¥0.13 | semi annually | 2020-07-27 |
2019-06-27 | ¥0.03 | semi annually | 2019-06-27 |
2018-06-11 | ¥0.03 | semi annually | 2018-06-11 |
2017-06-08 | ¥0.03 | semi annually | 2017-06-08 |
2016-05-09 | ¥0.10 | semi annually | |
2015-04-29 | ¥0.13 | semi annually | |
2014-06-04 | ¥0.20 | semi annually | |
2013-05-31 | ¥0.10 | semi annually |
Dian Diagnostics Dividend per year
Dian Diagnostics Dividend growth
Dian Diagnostics Dividend Yield
Dian Diagnostics current trailing twelve-month (TTM) dividend yield is 9.52%. Interested in purchasing Dian Diagnostics stock? Use our calculator to estimate your expected dividend yield:
Dian Diagnostics Financial Ratios
Dian Diagnostics Dividend FAQ
Other factors to consider when evaluating Dian Diagnostics 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: Dian Diagnostics'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, Dian Diagnostics 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, Dian Diagnostics 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 Dian Diagnostics 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: Dian Diagnostics 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, Dian Diagnostics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dian Diagnostics 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 Dian Diagnostics'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 Dian Diagnostics'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.