company-logo

Topchoice Medical Corporation provides medical services in China. It provides various specialty medical services in oral, reproductive, and ophthalmology areas; and operates dental medical institutions and assisted reproductive medical institutions. It operates approximately 32 dental hospitals; and Tongze Dental College, a non-profit educational training organization. The company was formerly known as Topchoice Medical Investment Co., Inc. and changed its name to Topchoice Medical Corporation in November 2019. Topchoice Medical Corporation was founded in 1995 and is based in Hangzhou, China.

Topchoice Medical Dividend Announcement

Topchoice Medical announced a annually dividend of ¥0.61 per ordinary share which will be made payable on 2024-07-05. Ex dividend date: 2024-07-05
Topchoice Medical annual dividend for 2024 was ¥0.61
Topchoice Medical's trailing twelve-month (TTM) dividend yield is 0.9%
Topchoice Medical's payout ratio for the trailing twelve months (TTM) is 31.00%

Topchoice Medical Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-05¥0.61annually2024-07-05
2018-06-21¥0.03annually2018-06-21
2017-08-22¥0.13annually2017-08-22

Topchoice Medical Dividend per year

Topchoice Medical Dividend Yield

Topchoice Medical current trailing twelve-month (TTM) dividend yield is 0.9%. Interested in purchasing Topchoice Medical stock? Use our calculator to estimate your expected dividend yield:

Topchoice Medical Financial Ratios

P/E ratio44.15
PEG ratio1.12
P/B ratio5.21
ROE12.29%
Payout ratio31.00%
Current ratio1.85
Quick ratio1.80
Cash Ratio1.24

Topchoice Medical Dividend FAQ

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