Intco Medical Technology Co., Ltd. engages in the research and development, production, and sale of medical disposable products and durable medical equipment in China and internationally. The company offers gloves; face masks and shields; ECG electrode; apparels, such as isolation gowns; hand sanitizer gel and spray; grounding pads; electrosurgical pencil; ESU cable and tip cleaner; and tens electrode. It also provides wheelchairs, scooters, and other medical equipment; hot and cold products, emergency treatment products, and mother and baby products; and home care products. The company was formerly known as Intco Medical Technology Co., Ltd. and changed its name to Intco Medical Technology Co., Ltd. in January 2020. Intco Medical Technology Co., Ltd. was founded in 2009 and is based in Zibo, China.
Intco Medical Technology Dividend Announcement
• Intco Medical Technology announced a semi annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-10-31. Ex dividend date: 2024-10-31
• Intco Medical Technology annual dividend for 2024 was ¥0.13
• Intco Medical Technology annual dividend for 2023 was ¥0.10
• Intco Medical Technology's trailing twelve-month (TTM) dividend yield is 0.46%
• Intco Medical Technology's payout ratio for the trailing twelve months (TTM) is 40.86%
• Intco Medical Technology's dividend growth over the last five years (2018-2023) was -7.79% year
Intco Medical Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-31 | ¥0.05 | semi annually | 2024-10-31 |
2024-05-31 | ¥0.08 | semi annually | 2024-05-31 |
2023-06-07 | ¥0.10 | semi annually | 2023-06-07 |
2022-06-13 | ¥0.75 | semi annually | 2022-06-13 |
2021-04-20 | ¥3.00 | semi annually | 2021-04-20 |
2020-10-12 | ¥0.50 | semi annually | 2020-10-12 |
2020-06-05 | ¥0.15 | semi annually | 2020-06-05 |
2019-06-05 | ¥0.15 | semi annually | 2019-06-05 |
2018-04-27 | ¥0.15 | semi annually | 2018-04-27 |
Intco Medical Technology Dividend per year
Intco Medical Technology Dividend growth
Intco Medical Technology Dividend Yield
Intco Medical Technology current trailing twelve-month (TTM) dividend yield is 0.46%. Interested in purchasing Intco Medical Technology stock? Use our calculator to estimate your expected dividend yield:
Intco Medical Technology Financial Ratios
Intco Medical Technology Dividend FAQ
Other factors to consider when evaluating Intco 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.
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1. Determination of Dividend: Intco 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, Intco 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, Intco 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 Intco 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.
1. Record Date: Intco 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, Intco 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: Intco 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.
To assess the safety of Intco 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 Intco 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.