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Kovai Medical Center and Hospital Limited provides hospital services in India. The company operates in two segments, Healthcare Services and Education Services. It operates various medical facilities, which provide services related to critical care medicine, dermatology, emergency, endocrinology and diabetology, fertility and reproductive medicine, gastroenterology and hepatology, hematology, internal medicine, heart institute, neonatology, nephrology, neurology, obstetrics and gynecology, pediatric surgery, pulmonology, psychological medicine, and rheumatology, as well as health check programs. The company also operates surgical facilities that offer general/gastrointestinal/bariatric and laparoscopic, cardio-thoracic, orthopedics and joint replacement, neuro, plastic and reconstructive, cosmetic, urology, spine, ENT/head and neck, dentistry/facio maxillary, and vascular surgeries. In addition, it operates interventional radiology and imaging sciences, nuclear medicine and PET CT, and laboratory medicine facilities; and physical medicine and rehabilitation facilities, as well as cancer and ayurvedic wellness centers. Further, the company offers emergency and trauma services; and organ transplant programs. Additionally, it operates a medical college in Coimbatore. Kovai Medical Center and Hospital Limited was incorporated in 1985 and is based in Coimbatore, India.

Kovai Medical Center and Hospital Dividend Announcement

Kovai Medical Center and Hospital announced a annually dividend of ₹10.00 per ordinary share which will be made payable on 2024-09-13. Ex dividend date: 2024-08-01
Kovai Medical Center and Hospital annual dividend for 2024 was ₹10.00
Kovai Medical Center and Hospital annual dividend for 2023 was ₹10.00
Kovai Medical Center and Hospital's trailing twelve-month (TTM) dividend yield is 0.19%

Kovai Medical Center and Hospital Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-01₹10.00annually2024-09-13
2023-08-11₹10.00annually2023-09-24
2022-08-25₹6.00annually2022-10-07
2017-07-28₹2.50annually2017-09-10
2016-08-18₹1.50annually
2015-09-15₹1.50annually
2015-06-12₹1.00annually
2014-08-25₹1.50annually
2013-07-11₹1.50annually
2012-06-28₹1.25annually
2011-08-11₹1.25annually
2010-07-29₹1.25annually
2009-07-16₹1.25annually

Kovai Medical Center and Hospital Dividend per year

Kovai Medical Center and Hospital Dividend growth

Kovai Medical Center and Hospital Dividend Yield

Kovai Medical Center and Hospital current trailing twelve-month (TTM) dividend yield is 0.19%. Interested in purchasing Kovai Medical Center and Hospital stock? Use our calculator to estimate your expected dividend yield:

Kovai Medical Center and Hospital Financial Ratios

P/E ratio28.21
PEG ratio0.65
P/B ratio5.84
ROE22.85%
Payout ratio0.00%
Current ratio1.08
Quick ratio1.02
Cash Ratio0.30

Kovai Medical Center and Hospital Dividend FAQ

How much is the next Kovai Medical Center and Hospital dividend?
Kovai Medical Center and Hospital's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Kovai Medical Center and Hospital dividend. The next Kovai Medical Center and Hospital dividend will be released in August.
When is Kovai Medical Center and Hospital dividend paid?
Kovai Medical Center and Hospital pays dividends on a annually basis. The specific dates may vary each year but are generally around August. 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 Kovai Medical Center and Hospital pay?
The specific amount of Kovai Medical Center and Hospital 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 Kovai Medical Center and Hospital's dividend history.
Does Kovai Medical Center and Hospital stock pay dividends?
Yes, Kovai Medical Center and Hospital 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 Kovai Medical Center and Hospital's dividend history.
How much dividend does Kovai Medical Center and Hospital pay?
Kovai Medical Center and Hospital paid ₹10.0 in 2024, ₹10.0 in 2023, ₹6.0 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Kovai Medical Center and Hospital pay dividends?
Kovai Medical Center and Hospital 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 August.
What is Kovai Medical Center and Hospital's dividend yield?
The current dividend yield for Kovai Medical Center and Hospital is 0.19%. 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 Kovai Medical Center and Hospital's exact dividend yield.
When does Kovai Medical Center and Hospital go ex dividend?
Kovai Medical Center and Hospital's ex-dividend date for the latest dividend was on 2024-08-01. Kovai Medical Center and Hospital 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 Kovai Medical Center and Hospital dividend paid?
Kovai Medical Center and Hospital pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Kovai Medical Center and Hospital 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 Kovai Medical Center and Hospital 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 Kovai Medical Center and Hospital dividend per share?
Kovai Medical Center and Hospital paid ₹10.0 per share in 2024 and ₹10.0 per share in 2023. The amount of dividend per share that Kovai Medical Center and Hospital 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 Kovai Medical Center and Hospital 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 Kovai Medical Center and Hospital 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 Kovai Medical Center and Hospital a dividend stock?
Yes, Kovai Medical Center and Hospital is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Kovai Medical Center and Hospital a good dividend stock?
Whether Kovai Medical Center and Hospital is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Kovai Medical Center and Hospital has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Kovai Medical Center and Hospital 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 Kovai Medical Center and Hospital pay dividends monthly?
Kovai Medical Center and Hospital typically pays dividends on a annually basis.
Does Kovai Medical Center and Hospital pay dividends quarterly?
Kovai Medical Center and Hospital currently pays dividends on a annually basis.
Has Kovai Medical Center and Hospital ever paid a dividend?
Yes, Kovai Medical Center and Hospital has a history of paying dividends to its shareholders. Kovai Medical Center and Hospital is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Kovai Medical Center and Hospital dividend stocks?
To buy Kovai Medical Center and Hospital 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 Kovai Medical Center and Hospital 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 Kovai Medical Center and Hospital pay dividends 2024?
Kovai Medical Center and Hospital pays dividends on a annually basis. 2024 dividend payments are in 2024-09-13. 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 Kovai Medical Center and Hospital increase its dividend in 2024?
Decisions regarding Kovai Medical Center and Hospital 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 Kovai Medical Center and Hospital dividend overview you can look into the above table of dividend history.
How Kovai Medical Center and Hospital dividend works?
The Kovai Medical Center and Hospital 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 Kovai Medical Center and Hospital's dividend process works:

1. Determination of Dividend: Kovai Medical Center and Hospital'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, Kovai Medical Center and Hospital 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, Kovai Medical Center and Hospital 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 Kovai Medical Center and Hospital 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 Kovai Medical Center and Hospital dividends paid?
Kovai Medical Center and Hospital dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Kovai Medical Center and Hospital 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, Kovai Medical Center and Hospital distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Kovai Medical Center and Hospital 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 Kovai Medical Center and Hospital pay dividends?
Kovai Medical Center and Hospital 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 Kovai Medical Center and Hospital pay dividends?
The general pattern is that Kovai Medical Center and Hospital pays dividends around August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Kovai Medical Center and Hospital dividend safe?
The safety of Kovai Medical Center and Hospital'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 Kovai Medical Center and Hospital'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 Kovai Medical Center and Hospital'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.