Double Medical Technology Inc. provides services, technologies, and devices in the areas of orthopedics, wound management, neurosurgery, and general surgery in China. It also exports its products to approximately 50 countries and regions, including European Union, Russia, South America, Australia, Southeast Asia, the Middle East, and South Africa. The company was formerly known as Xiamen Da Bo Ying Jing Medical Equipment Company Limited. Double Medical Technology Inc. was founded in 2004 and is based in Xiamen, the People's Republic of China.
Double Medical Technology Dividend Announcement
• Double Medical Technology announced a annually dividend of ¥0.25 per ordinary share which will be made payable on 2024-06-24. Ex dividend date: 2024-06-24 • Double Medical Technology annual dividend for 2024 was ¥0.25 • Double Medical Technology's trailing twelve-month (TTM) dividend yield is 0.71% • Double Medical Technology's payout ratio for the trailing twelve months (TTM) is 38.17%
Double Medical Technology current trailing twelve-month (TTM) dividend yield is 0.71%. Interested in purchasing Double Medical Technology stock? Use our calculator to estimate your expected dividend yield:
Double Medical Technology Financial Ratios
P/E ratio72.08
PEG ratio1.40
P/B ratio4.58
ROE6.47%
Payout ratio38.17%
Current ratio3.16
Quick ratio1.77
Cash Ratio1.11
Double Medical Technology Dividend FAQ
How much is the next Double Medical Technology dividend?
Double Medical Technology's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Double Medical Technology dividend. The next Double Medical Technology dividend will be released in .
When is Double Medical Technology dividend paid?
Double Medical Technology pays dividends on a annually basis. The specific dates may vary each year but are generally around . However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Double Medical Technology pay?
The specific amount of Double Medical Technology dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Double Medical Technology's dividend history.
Does Double Medical Technology stock pay dividends?
Yes, Double Medical Technology does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Double Medical Technology's dividend history.
How much dividend does Double Medical Technology pay?
Double Medical Technology paid ¥0.25 in 2024, ¥0.0 in 2023, ¥0.5 in 2022, ¥0.8 in 2021, and ¥0.6 in 2020.
How often does Double Medical Technology pay dividends?
Double Medical Technology typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around .
What is Double Medical Technology's dividend yield?
The current dividend yield for Double Medical Technology is 0.71%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Double Medical Technology's exact dividend yield.
When does Double Medical Technology go ex dividend?
Double Medical Technology's ex-dividend date for the latest dividend was on 2024-06-24. Double Medical Technology typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Double Medical Technology dividend paid?
Double Medical Technology pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Double Medical Technology increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Double Medical Technology will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Double Medical Technology dividend per share?
Double Medical Technology paid ¥0.25 per share in 2024 and ¥0.0 per share in 2023. The amount of dividend per share that Double Medical Technology pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Double Medical Technology a dividend aristocrat?
No, 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 Double Medical Technology a dividend king?
No, 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 Double Medical Technology a dividend stock?
Yes, Double Medical Technology is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Double Medical Technology a good dividend stock?
Whether Double Medical Technology is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Double Medical Technology has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Double Medical Technology 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.
Does Double Medical Technology pay dividends monthly?
Double Medical Technology typically pays dividends on a annually basis.
Does Double Medical Technology pay dividends quarterly?
Double Medical Technology currently pays dividends on a annually basis.
Has Double Medical Technology ever paid a dividend?
Yes, Double Medical Technology has a history of paying dividends to its shareholders. Double Medical Technology is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Double Medical Technology dividend stocks?
To buy Double Medical Technology 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Double Medical Technology 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.
When does Double Medical Technology pay dividends 2024?
Double Medical Technology pays dividends on a annually basis. 2024 dividend payments are in 2024-06-24. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Double Medical Technology increase its dividend in 2024?
Decisions regarding Double Medical Technology dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Double Medical Technology dividend overview you can look into the above table of dividend history.
How Double Medical Technology dividend works?
The Double Medical Technology dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Double Medical Technology's dividend process works:
1. Determination of Dividend: Double Medical Technology'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, Double Medical Technology 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, Double Medical Technology 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 Double Medical Technology 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.
How are Double Medical Technology dividends paid?
Double Medical Technology dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Double Medical Technology 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, Double Medical Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Double Medical Technology 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.
How many times does Double Medical Technology pay dividends?
Double Medical Technology typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Double Medical Technology pay dividends?
The general pattern is that Double Medical Technology pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Double Medical Technology dividend safe?
The safety of Double Medical Technology's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Double Medical Technology'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 Double Medical Technology'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.