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Medicover AB (publ) provides healthcare and diagnostic services in Germany, Sweden, Poland, Turkey, Belarus, Bulgaria, Georgia, Hungary, Serbia, Moldova, Ukraine, and India. It operates through two segment, Healthcare Services and Diagnostic Services. The company's diagnostic services comprise various tests, including allergy and autoimmune diagnostics, bacteriology, parasitology, biochemistry and immunochemistry, blood group diagnostics/transfusion medicine, tumour markers, clinical chemistry, cytology, haematology, histopathology, human genetics, hygiene, immunology and immunochemistry, infectious diseases, microbiology, molecular biology, and pharmacology/toxicology. The company operates 97 clinical laboratories, 733 blood-drawing points, and 26 clinics in 10 countries; and 117 medical clinics, 20 fertility clinics, 52 dental clinics, 25 hospitals, and 25 gyms. It serves corporate and private customers, and patients, as well as public payers. Medicover AB (publ) was founded in 1995 and is headquartered in Stockholm, Sweden.

Medicover Dividend Announcement

• Medicover announced a annually dividend of kr1.41 per ordinary share which will be made payable on 2024-05-08. Ex dividend date: 2024-04-29
• Medicover annual dividend for 2024 was kr1.41
• Medicover annual dividend for 2023 was kr1.36
• Medicover's trailing twelve-month (TTM) dividend yield is 0.78%
• Medicover's payout ratio for the trailing twelve months (TTM) is 91.37%

Medicover Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-04-29kr1.41annually2024-05-08
2023-04-28kr1.36annually2023-05-09

Medicover Dividend per year

Medicover Dividend Yield

Medicover current trailing twelve-month (TTM) dividend yield is 0.78%. Interested in purchasing Medicover stock? Use our calculator to estimate your expected dividend yield:

Medicover Financial Ratios

P/E ratio118.20
PEG ratio13.66
P/B ratio4.67
ROE3.93%
Payout ratio91.37%
Current ratio0.75
Quick ratio0.63
Cash Ratio0.12

Medicover Dividend FAQ

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