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Max Healthcare Institute Limited provides healthcare services in India. It offers services in various specialties, including cancer care/oncology, cardiac sciences, neuro sciences, liver transplant and biliary sciences, orthopaedics, nephrology, kidney transplant, bone marrow transplant, bariatric/weight loss surgery, minimal access/laparoscopic surgery, urology, gastroenterology, and aesthetic and reconstructive surgery. The company also provides Max@Home, a platform that offers health and wellness services at home; and MaxLab, which provides diagnostic services to patients outside its network of hospitals through various channels comprising third-party hospital laboratory management. As of August 27, 2021, it operated a network of 17 healthcare facilities, including tertiary and quaternary care hospitals at Saket, Patparganj, Vaishali, Rajendra Place, and Shalimar Bagh in Delhi National Capital Region; one each in Mumbai, Mohali, Bathinda, and Dehradun; a secondary care hospital in Gurugram; and day care centres at Noida, Lajpat Nagar, and Panchsheel Park in Delhi National Capital Region and one in Mohali, Punjab. The company is based in Gurugram, India.

Max Healthcare Institute Dividend Announcement

• Max Healthcare Institute announced a annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-10-20. Ex dividend date: 2024-08-23
• Max Healthcare Institute annual dividend for 2024 was ₹1.50
• Max Healthcare Institute annual dividend for 2023 was ₹1.00
• Max Healthcare Institute's trailing twelve-month (TTM) dividend yield is 0.15%

Max Healthcare Institute Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-23₹1.50annually2024-10-20
2023-09-08₹1.00annually2023-10-27

Max Healthcare Institute Dividend per year

Max Healthcare Institute Dividend Yield

Max Healthcare Institute current trailing twelve-month (TTM) dividend yield is 0.15%. Interested in purchasing Max Healthcare Institute stock? Use our calculator to estimate your expected dividend yield:

Max Healthcare Institute Financial Ratios

P/E ratio89.17
PEG ratio0.89
P/B ratio10.73
ROE12.66%
Payout ratio0.00%
Current ratio1.26
Quick ratio1.20
Cash Ratio0.61

Max Healthcare Institute Dividend FAQ

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