Modern Dental Group Limited, an investment holding company, engages in production and distribution of dental prosthetic devices in Europe, Greater China, North America, Australia, and internationally. It operates through three segments: Fixed Prosthetic Devices, Removable Prosthetic Devices, and Others. The Fixed Prosthetic Devices segment offers restorative dental procedures, such as crowns, bridges, and implant. The Removable Prosthetic Devices segment produces full and partial dentures with and without metal frameworks. The Others segment offers orthodontic devices, sports guards, anti-snoring devices, raw materials, and dental equipment. This segment also provides services for educational events and seminars. The company sells its products to dentists, dental clinics, hospitals, distributors, and other customers under the Permadental & Semperdent, Schmidt, Apex Digital Dental, Elysee, Labocast, Modern Dental Laboratory, Yangzhijing, Southern Cross Dental, Andent, Modern Dental USA, Sundance Dental, Quantum Dental, TrioClear, and Digitek Dental brands. Modern Dental Group Limited was founded in 1986 and is based in Kowloon, Hong Kong.
Modern Dental Dividend Announcement
• Modern Dental announced a semi annually dividend of HK$0.08 per ordinary share which will be made payable on 2024-10-10. Ex dividend date: 2024-09-11
• Modern Dental annual dividend for 2024 was HK$0.17
• Modern Dental annual dividend for 2023 was HK$0.10
• Modern Dental's trailing twelve-month (TTM) dividend yield is 6.65%
• Modern Dental's payout ratio for the trailing twelve months (TTM) is 34.85%
• Modern Dental's dividend growth over the last five years (2018-2023) was 21.06% year
Modern Dental Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-11 | HK$0.08 | semi annually | 2024-10-10 |
2024-06-04 | HK$0.09 | semi annually | 2024-06-28 |
2023-09-12 | HK$0.06 | semi annually | 2023-10-10 |
2023-06-01 | HK$0.04 | semi annually | 2023-06-29 |
2022-09-13 | HK$0.04 | semi annually | 2022-10-11 |
2022-05-26 | HK$0.04 | semi annually | 2022-06-22 |
2021-09-23 | HK$0.07 | semi annually | 2021-10-15 |
2021-05-31 | HK$0.07 | semi annually | 2021-06-28 |
2020-06-01 | HK$0.02 | semi annually | 2020-06-26 |
2019-09-13 | HK$0.03 | semi annually | 2019-10-10 |
2019-05-28 | HK$0.01 | semi annually | 2019-06-24 |
2018-09-11 | HK$0.02 | semi annually | 2018-10-08 |
2018-05-29 | HK$0.02 | semi annually | 2018-06-25 |
2017-09-07 | HK$0.03 | semi annually | 2017-10-06 |
2017-06-23 | HK$0.01 | semi annually | 2017-07-20 |
2016-09-27 | HK$0.02 | semi annually | 2016-10-25 |
Modern Dental Dividend per year
Modern Dental Dividend growth
Modern Dental Dividend Yield
Modern Dental current trailing twelve-month (TTM) dividend yield is 6.65%. Interested in purchasing Modern Dental stock? Use our calculator to estimate your expected dividend yield:
Modern Dental Financial Ratios
Modern Dental Dividend FAQ
Other factors to consider when evaluating Modern Dental 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: Modern Dental'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, Modern Dental 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, Modern Dental 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 Modern Dental 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: Modern Dental 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, Modern Dental distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Modern Dental 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 Modern Dental'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 Modern Dental'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.