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OrbusNeich Medical Group Holdings Limited, an investment holding company, manufactures, trades in, sells, and markets medical devices/instruments used for the treatment of coronary and peripheral vascular diseases in Japan, Europe, the Middle East, Africa, the Asia Pacific, the People's Republic of China, and the United States. The company offers semi-compliant balloons and scoring balloons for pre-dilatation and lesion preparation, coronary stents for implantation, non-compliant balloons for post-dilatation, and specialty catheters. Its product portfolio covers various treatment processes in percutaneous coronary intervention (PCI) and percutaneous transluminal angioplasty (PTA) procedures. The company was founded in 2001 and is headquartered in Shatin, Hong Kong. OrbusNeich Medical Group Holdings Limited is a subsidiary of Harmony Tree Limited.

OrbusNeich Medical Dividend Announcement

OrbusNeich Medical announced a annually dividend of HK$0.10 per ordinary share which will be made payable on . Ex dividend date: 2024-06-11
OrbusNeich Medical annual dividend for 2024 was HK$0.10
OrbusNeich Medical's trailing twelve-month (TTM) dividend yield is 2.63%
OrbusNeich Medical's payout ratio for the trailing twelve months (TTM) is 27.42%

OrbusNeich Medical Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-11HK$0.10annually

OrbusNeich Medical Dividend per year

OrbusNeich Medical Dividend Yield

OrbusNeich Medical current trailing twelve-month (TTM) dividend yield is 2.63%. Interested in purchasing OrbusNeich Medical stock? Use our calculator to estimate your expected dividend yield:

OrbusNeich Medical Financial Ratios

P/E ratio10.13
PEG ratio0.81
P/B ratio1.05
ROE10.45%
Payout ratio27.42%
Current ratio9.68
Quick ratio8.32
Cash Ratio6.87

OrbusNeich Medical Dividend FAQ

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