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New Century Healthcare Holding Co. Limited, an investment holding company, provides healthcare services to women and children in the People's Republic of China. The company offers paediatric, obstetric, and gynaecologic specialty services, as well as hospital consulting services. It also provides online healthcare services, as well as operates cafeteria and gift shop at its medical institutions. The company was founded in 2002 and is headquartered in Beijing, the People's Republic of China.

New Century Healthcare Dividend Announcement

New Century Healthcare announced a annually dividend of HK$0.04 per ordinary share which will be made payable on 2024-07-02. Ex dividend date: 2024-05-29
New Century Healthcare annual dividend for 2024 was HK$0.04
New Century Healthcare's trailing twelve-month (TTM) dividend yield is 3.32%
New Century Healthcare's payout ratio for the trailing twelve months (TTM) is 2.28%

New Century Healthcare Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-29HK$0.04annually2024-07-02
2018-06-04HK$0.05annually2018-07-03

New Century Healthcare Dividend per year

New Century Healthcare Dividend Yield

New Century Healthcare current trailing twelve-month (TTM) dividend yield is 3.32%. Interested in purchasing New Century Healthcare stock? Use our calculator to estimate your expected dividend yield:

New Century Healthcare Financial Ratios

P/E ratio6.33
PEG ratio-0.13
P/B ratio0.88
ROE14.47%
Payout ratio2.28%
Current ratio1.32
Quick ratio1.25
Cash Ratio0.91

New Century Healthcare Dividend FAQ

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