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Modern Dental Group (HKSE:03600) Dividend Payout Ratio : 0.30 (As of Dec. 2023)


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What is Modern Dental Group Dividend Payout Ratio?

Modern Dental Group's dividend payout ratio for the months ended in Dec. 2023 was 0.30.

The historical rank and industry rank for Modern Dental Group's Dividend Payout Ratio or its related term are showing as below:

HKSE:03600' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.26   Max: 0.47
Current: 0.25


During the past 10 years, the highest Dividend Payout Ratio of Modern Dental Group was 0.47. The lowest was 0.21. And the median was 0.26.

HKSE:03600's Dividend Payout Ratio is ranked better than
76.26% of 278 companies
in the Medical Devices & Instruments industry
Industry Median: 0.43 vs HKSE:03600: 0.25

As of today (2024-06-06), the Dividend Yield % of Modern Dental Group is 3.43%.

During the past 10 years, the highest Trailing Annual Dividend Yield of Modern Dental Group was 6.98%. The lowest was 0.23%. And the median was 2.56%.

Modern Dental Group's Dividends per Share for the months ended in Dec. 2023 was HK$0.06.

During the past 12 months, Modern Dental Group's average Dividends Per Share Growth Rate was 28.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 67.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 26.50% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Modern Dental Group was 67.80% per year. The lowest was -13.50% per year. And the median was 28.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Modern Dental Group Dividend Payout Ratio Historical Data

The historical data trend for Modern Dental Group's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Modern Dental Group Dividend Payout Ratio Chart

Modern Dental Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.24 0.32 0.35 0.25

Modern Dental Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.42 0.29 0.20 0.30

Competitive Comparison of Modern Dental Group's Dividend Payout Ratio

For the Medical Instruments & Supplies subindustry, Modern Dental Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Modern Dental Group's Dividend Payout Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Modern Dental Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Modern Dental Group's Dividend Payout Ratio falls into.



Modern Dental Group Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Modern Dental Group's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.104/ 0.423
=0.25

Modern Dental Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.06/ 0.203
=0.30

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Modern Dental Group (HKSE:03600) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Modern Dental Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Modern Dental Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Modern Dental Group (HKSE:03600) Business Description

Traded in Other Exchanges
Address
77 Wing Hong Street, Room 01-07, 09-16, 17th Floor, CEO Tower, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Modern Dental Group Ltd, along with its subsidiaries, is engaged in providing dental prosthetic devices. Its product portfolio is categorized into three segments, Fixed prosthetic devices such as crowns and bridges; Removable prosthetic devices such as removable dentures; and Other devices such as orthodontic devices, sports guards, and anti-snoring devices, raw materials, dental equipment, and services of educational events and seminars rendered. It generates a majority of the revenue from the sale of the Fixed prosthetic devices segment. Its geographical segments are Europe, North America, Australia, Greater China, and other countries.
Executives
Chan Kwun Fung
Chan Kwun Pan
Ngai Shing Kin
Ngai Chi Ho Alwin
Triera Holdings Limited 2101 Beneficial owner
Ncha Holdings Limited 2101 Beneficial owner

Modern Dental Group (HKSE:03600) Headlines

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