Indraprastha Medical Corporation Limited provides hospital services in India. It offers services primarily in the areas of anesthesiology, pediatric, elder care, genomic medicine, health check, sugar, bariatric and metabolic surgery, bone marrow transplant, cancer, cardiac and cardiology, dermatology, dietetics and clinical nutrition, emergency care, endovascular surgery, endocrinology/diabetes care, ENT, fetal medicine, gastroenterology and hepatology, laparoscopic surgery, gynecology and obstetrics, hyperbaric oxygen therapy, IVF, internal medicine, laboratory services, neonatology, nephrology, neurosciences, nuclear medicine, ophthalmology, orthopedic, pediatric urology and pediatric surgery, physiotherapy and rehabilitation, psychiatry and clinical psychology, radiology/radio diagnosis, respiratory sleep medicine and critical care, rheumatology, robotic surgery, spine surgery, transfusion medicine, transplant, and urology and andrology. The company operates cosmetic and dental clinics. Indraprastha Medical Corporation Limited was incorporated in 1988 and is based in New Delhi, India.
Indraprastha Medical Dividend Announcement
• Indraprastha Medical announced a annually dividend of ₹4.50 per ordinary share which will be made payable on 2024-10-24. Ex dividend date: 2024-09-13
• Indraprastha Medical annual dividend for 2024 was ₹4.50
• Indraprastha Medical annual dividend for 2023 was ₹3.00
• Indraprastha Medical's trailing twelve-month (TTM) dividend yield is 1.06%
Indraprastha Medical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | ₹4.50 | annually | 2024-10-24 |
2023-09-15 | ₹3.00 | annually | 2023-10-21 |
2022-09-15 | ₹2.50 | annually | 2022-10-23 |
2019-09-12 | ₹1.60 | annually | 2019-10-30 |
2018-09-12 | ₹1.50 | annually | 2018-10-30 |
2017-09-14 | ₹1.80 | annually | 2017-10-26 |
2016-08-18 | ₹1.80 | annually | 2016-09-29 |
2015-09-16 | ₹1.80 | annually | 2015-10-29 |
2014-09-18 | ₹1.80 | annually | 2014-10-30 |
2013-09-19 | ₹1.60 | annually | 2013-10-26 |
2012-09-06 | ₹1.60 | annually | 2012-10-14 |
2011-09-05 | ₹1.60 | annually | 2011-10-14 |
Indraprastha Medical Dividend per year
Indraprastha Medical Dividend growth
Indraprastha Medical Dividend Yield
Indraprastha Medical current trailing twelve-month (TTM) dividend yield is 1.06%. Interested in purchasing Indraprastha Medical stock? Use our calculator to estimate your expected dividend yield:
Indraprastha Medical Financial Ratios
Indraprastha Medical Dividend FAQ
Other factors to consider when evaluating Indraprastha Medical 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: Indraprastha Medical'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, Indraprastha Medical 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, Indraprastha Medical 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 Indraprastha Medical 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: Indraprastha Medical 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, Indraprastha Medical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Indraprastha Medical 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 Indraprastha Medical'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 Indraprastha Medical'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.