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HealthCare Global Enterprises Limited, together with its subsidiaries, provides healthcare services focusing on cancer. The company offers cancer diagnosis and treatment services through radiation therapy, medical oncology, and surgery; and fertility treatment services, as well as reproductive medicine services, including assisted reproduction, gynecological endoscopy, and fertility preservation under the Milann brand. It also operates four multi-specialty hospitals, including three under the HCG brand in Ahmedabad, Bhavnagar, and Rajkot in the state of Gujarat, as well as one under operations and management contract in Hubli in the state of Karnataka that primarily provide cardiology, neurology, orthopedics, gastroenterology, urology, internal medicine, and pulmonary and critical care. In addition, the company offers medical diagnostic services, including scientific testing and consultancy services in the pharmaceutical and medical sector. As of March 31, 2021, it operated 23 cancer centers, including 1 center of excellence in Bengaluru, 2 freestanding diagnostic centers, and 1 day care chemotherapy center across India, as well as 1 cancer center in Africa. The company was founded in 1989 and is based in Bengaluru, India.

HealthCare Global Enterprises Dividend Announcement

• HealthCare Global Enterprises does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on HealthCare Global Enterprises dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

HealthCare Global Enterprises Dividend History

HealthCare Global Enterprises Dividend Yield

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

HealthCare Global Enterprises Financial Ratios

P/E ratio123.81
PEG ratio3.59
P/B ratio8.19
ROE6.68%
Payout ratio0.00%
Current ratio0.90
Quick ratio0.84
Cash Ratio0.33

HealthCare Global Enterprises Dividend FAQ

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