Medico Intercontinental Ltd. engages in the business of financing, trading and investment in shares and securities. It caters the industrial, trading, construction, commercial and other service enterprises by lending and advancing money, machinery, land, buildings and shed. The company was founded on August 14, 1984 and is headquartered in Ahmedabad, India.
Medico Intercontinental Limite Dividend Announcement
• Medico Intercontinental Limite announced a annually dividend of ₹0.10 per ordinary share which will be made payable on 2023-07-30. Ex dividend date: 2023-06-23
• Medico Intercontinental Limite's trailing twelve-month (TTM) dividend yield is -%
Medico Intercontinental Limite Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-06-23 | ₹0.10 | annually | 2023-07-30 |
Medico Intercontinental Limite Dividend per year
Medico Intercontinental Limite Dividend Yield
Medico Intercontinental Limite current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Medico Intercontinental Limite stock? Use our calculator to estimate your expected dividend yield:
Medico Intercontinental Limite Financial Ratios
P/E ratio11.83
PEG ratio9.93
P/B ratio1.05
ROE9.11%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Medico Intercontinental Limite Dividend FAQ
Does Medico Intercontinental Limite stock pay dividends?
Medico Intercontinental Limite does not currently pay dividends to its shareholders.
Has Medico Intercontinental Limite ever paid a dividend?
No, Medico Intercontinental Limite has no a history of paying dividends to its shareholders. Medico Intercontinental Limite is not known for its dividend payments.
Why doesn't Medico Intercontinental Limite pay dividends?
There are several potential reasons why Medico Intercontinental Limite 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.
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 Medico Intercontinental Limite 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 Medico Intercontinental Limite 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 Medico Intercontinental Limite a dividend aristocrat?
Medico Intercontinental Limite 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 Medico Intercontinental Limite a dividend king?
Medico Intercontinental Limite 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 Medico Intercontinental Limite a dividend stock?
No, Medico Intercontinental Limite 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 Medico Intercontinental Limite stocks?
To buy Medico Intercontinental Limite 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 Medico Intercontinental Limite 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.
Place an order: Use the brokerage's trading platform to place an order to buy Medico Intercontinental Limite 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.