Town Health International Medical Group Limited, an investment holding company, invests in, manages, and provides healthcare and related services in the People's Republic of China and Hong Kong. The company operates through Hong Kong Medical Services; Hong Kong Managed Medical Network Business; Mainland Hospital Management and Medical Services; and Others segments. It provides cross-border healthcare, managed care business, medical diagnostic, health check, and ophthalmic medical services; and third-party medical network administrator services. The company also offers medical healthcare and dental consultation, property investment, and medical tourism services. In addition, it trades in listed securities; leases properties; offers beauty and cosmetic medical, laboratory, hospital management, eye care, and business and corporate advisory services. Further, the company engages in the trading of medical equipment and medicines. As of December 31, 2021, it had 454 healthcare service points covering multiple practices, including 259 general practice service points, 75 specialist service points, 23 dental service points, and 97 auxiliary service points. The company was formerly known as Town Health International Investments Limited and changed its name to Town Health International Medical Group Limited in March 2014. Town Health International Medical Group Limited was founded in 1989 and is headquartered in Shatin, Hong Kong.
Town Health International Medical Dividend Announcement
• Town Health International Medical announced a annually dividend of HK$0.00 per ordinary share which will be made payable on 2024-09-13. Ex dividend date: 2024-06-18
• Town Health International Medical annual dividend for 2024 was HK$0.00
• Town Health International Medical annual dividend for 2023 was HK$0.00
• Town Health International Medical's trailing twelve-month (TTM) dividend yield is 0.5%
• Town Health International Medical's payout ratio for the trailing twelve months (TTM) is -2.19%
Town Health International Medical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-18 | HK$0.00 | annually | 2024-09-13 |
2023-06-27 | HK$0.00 | annually | 2023-09-08 |
2022-07-05 | HK$0.00 | annually | 2022-08-15 |
2019-07-03 | HK$0.00 | annually | 2019-07-25 |
2017-06-23 | HK$0.00 | annually | 2017-07-21 |
2016-06-23 | HK$0.01 | annually | |
2015-06-09 | HK$0.00 | annually | |
2014-05-28 | HK$0.06 | annually | |
2011-05-17 | HK$0.05 | annually |
Town Health International Medical Dividend per year
Town Health International Medical Dividend growth
Town Health International Medical Dividend Yield
Town Health International Medical current trailing twelve-month (TTM) dividend yield is 0.5%. Interested in purchasing Town Health International Medical stock? Use our calculator to estimate your expected dividend yield:
Town Health International Medical Financial Ratios
Town Health International Medical Dividend FAQ
Other factors to consider when evaluating Town Health International 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: Town Health International 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, Town Health International 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, Town Health International 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 Town Health International 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: Town Health International 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, Town Health International 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: Town Health International 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 Town Health International 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 Town Health International 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.