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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-05 | ¥0.61 | annually | 2024-07-05 |
2018-06-21 | ¥0.03 | annually | 2018-06-21 |
2017-08-22 | ¥0.13 | annually | 2017-08-22 |
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
Topchoice Medical Dividend FAQ
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.
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