Fortis Malar Hospitals Ltd. engages in the provision of healthcare services. It focuses on establishing hospitals and clinics and to conduct the same to provide healthcare for the society in the various branches of medicine such as General Surgery, General Medicine, Pediatrics, Neurology, Cardiology, ENT, Ophthalmology, Radiology, Pathology, Gastro entrology, Urology, Thoracic Surgery, Plastic surgery, Ortliapaedics, and other allied specialties and to provide facilities for post graduate medical education and medical research. The company was founded by S. Ramamurthy on April 13, 1989 and is headquartered in Mohali, India.
Fortis Malar Hospitals Dividend Announcement
• Fortis Malar Hospitals announced a quarterly dividend of ₹2.50 per ordinary share which will be made payable on 2024-08-29. Ex dividend date: 2024-07-24
• Fortis Malar Hospitals annual dividend for 2024 was ₹45.00
• Fortis Malar Hospitals's trailing twelve-month (TTM) dividend yield is 83.83%
Fortis Malar Hospitals Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-24 | ₹2.50 | quarterly | 2024-08-29 |
2024-07-19 | ₹2.50 | quarterly | 2025-08-29 |
2024-04-23 | ₹40.00 | quarterly | 2024-05-12 |
2016-09-16 | ₹0.50 | quarterly | |
2015-09-14 | ₹0.50 | quarterly | |
2013-09-19 | ₹0.50 | quarterly |
Fortis Malar Hospitals Dividend per year
Fortis Malar Hospitals Dividend Yield
Fortis Malar Hospitals current trailing twelve-month (TTM) dividend yield is 83.83%. Interested in purchasing Fortis Malar Hospitals stock? Use our calculator to estimate your expected dividend yield:
Fortis Malar Hospitals Financial Ratios
Fortis Malar Hospitals Dividend FAQ
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.
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