Raffles Medical Group Ltd provides integrated private healthcare services primarily in Singapore, Greater China, Vietnam, Cambodia, and Japan. The company operates through Healthcare Services, Hospital Services, and Investment Holdings segments. Its flagship hospital is the Raffles Hospital, a tertiary care hospital that offers cancer, children and women care, Chinese medicine, counselling, dental, dialysis, diabetes and endocrinology, ear, nose, throat, eye, fertility, heart, internal medicine, neuroscience, pain management, rehabilitation, orthopedic, skin and aesthetics, surgery, nuclear medicine, and urology services. The company also offers emergency services, family medicine services, health screening, and various multi-disciplinary specialist clinic services. In addition, it trades in pharmaceutical and nutraceutical products, and diagnostic equipment; provides advisory and consultancy services, and develops IT solutions; and engages in research and experimental development on biotechnology, and life and medical science. Raffles Medical Group Ltd was founded in 1976 and is based in Singapore.
Raffles Medical Dividend Announcement
• Raffles Medical announced a annually dividend of S$0.02 per ordinary share which will be made payable on 2024-05-23. Ex dividend date: 2024-05-13
• Raffles Medical annual dividend for 2024 was S$0.02
• Raffles Medical annual dividend for 2023 was S$0.04
• Raffles Medical's trailing twelve-month (TTM) dividend yield is 2.77%
• Raffles Medical's payout ratio for the trailing twelve months (TTM) is 73.14%
• Raffles Medical's dividend growth over the last five years (2018-2023) was 11.05% year
• Raffles Medical's dividend growth over the last ten years (2013-2023) was -1.68% year
Raffles Medical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-13 | S$0.02 | annually | 2024-05-23 |
2023-05-15 | S$0.04 | annually | 2023-05-25 |
2022-05-09 | S$0.02 | annually | 2022-05-19 |
2021-05-10 | S$0.02 | annually | 2021-05-20 |
2020-09-28 | S$0.01 | annually | 2020-10-07 |
2020-08-03 | S$0.02 | annually | 2020-09-16 |
2019-08-19 | S$0.01 | annually | 2019-08-30 |
2019-05-13 | S$0.02 | annually | 2019-06-27 |
2018-08-27 | S$0.01 | annually | 2018-09-06 |
2018-05-14 | S$0.02 | annually | 2018-06-29 |
2017-08-21 | S$0.01 | annually | 2017-08-31 |
2017-05-08 | S$0.01 | annually | |
2016-08-22 | S$0.01 | annually | |
2016-05-09 | S$0.04 | annually | |
2015-08-17 | S$0.01 | annually | |
2015-05-04 | S$0.04 | annually | |
2014-08-18 | S$0.01 | annually | |
2014-05-05 | S$0.04 | annually | |
2013-08-12 | S$0.01 | annually | |
2013-05-06 | S$0.04 | annually |
Raffles Medical Dividend per year
Raffles Medical Dividend growth
Raffles Medical Dividend Yield
Raffles Medical current trailing twelve-month (TTM) dividend yield is 2.77%. Interested in purchasing Raffles Medical stock? Use our calculator to estimate your expected dividend yield:
Raffles Medical Financial Ratios
Raffles Medical Dividend FAQ
Other factors to consider when evaluating Raffles Medical 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: Raffles Medical'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, Raffles Medical 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, Raffles Medical 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 Raffles Medical 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: Raffles Medical 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, Raffles Medical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Raffles Medical 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 Raffles Medical'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 Raffles Medical'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.