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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 2.74%
• 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 dateDividend amountDividend typePay date
2024-05-13S$0.02annually2024-05-23
2023-05-15S$0.04annually
2022-05-09S$0.01annually
2021-05-10S$0.02annually
2020-09-28S$0.01annually
2020-08-03S$0.02annually
2019-08-19S$0.01annually
2019-05-13S$0.02annually
2018-08-27S$0.01annually
2018-05-14S$0.02annually
2017-08-21S$0.01annually
2017-05-08S$0.01annually
2016-08-22S$0.01annually
2016-05-09S$0.04annually
2015-08-17S$0.01annually
2015-05-04S$0.04annually
2014-08-18S$0.01annually
2014-05-05S$0.04annually
2013-08-12S$0.01annually
2013-05-06S$0.04annually

Raffles Medical Dividend per year

Raffles Medical Dividend growth

Raffles Medical Dividend Yield

Raffles Medical current trailing twelve-month (TTM) dividend yield is 2.74%. Interested in purchasing Raffles Medical stock? Use our calculator to estimate your expected dividend yield:

Raffles Medical Financial Ratios

P/E ratio27.16
PEG ratio5.67
P/B ratio1.63
ROE5.96%
Payout ratio73.14%
Current ratio1.20
Quick ratio1.17
Cash Ratio0.80

Raffles Medical Dividend FAQ

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