Medinex (SGX:OTX) Dividend Payout Ratio : 0.73 (As of Sep. 2024)

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What is Medinex Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Medinex's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.73.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Medinex Ltd is 1.33, which seems too high.

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

SGX:OTX' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.44 Med: 1.14 Max: 2.38
Current: 1.33

During the past 8 years, the highest Dividend Payout Ratio of Medinex was 2.38. The lowest was 0.44. And the median was 1.14.

SGX:OTX's Dividend Payout Ratio is ranked worse than
94.96% of 238 companies
in the Healthcare Providers & Services industry
Industry Median: 0.34 vs SGX:OTX: 1.33

As of today (2024-12-11), the Dividend Yield % of Medinex is 7.64%.

During the past 8 years, the highest Trailing Annual Dividend Yield of Medinex was 10.50%. The lowest was 3.40%. And the median was 7.54%.

Medinex's Dividends per Share for the months ended in Sep. 2024 was S$0.01.

During the past 12 months, Medinex's average Dividends Per Share Growth Rate was -5.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 33.40% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Medinex was 33.40% per year. The lowest was 33.40% per year. And the median was 33.40% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Medinex Dividend Payout Ratio Historical Data

The historical data trend for Medinex'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.

Medinex Dividend Payout Ratio Chart

Medinex Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.44

1.13

1.15

2.38

Medinex Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial										1.60	0.88	1.43	8.00	0.73

Competitive Comparison of Medinex's Dividend Payout Ratio

For the Medical Care Facilities subindustry, Medinex'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.

Medinex's Dividend Payout Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Medinex's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Medinex's Dividend Payout Ratio falls into.

Medinex Dividend Payout Ratio Calculation

Medinex's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	0.019	/	0.008
	=	2.38

Medinex's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.008	/	0.011
	=	0.73

Medinex (SGX:OTX) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Medinex Dividend Payout Ratio Related Terms

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

Medinex Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Medinex Ltd (SGX:OTX) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 North Bridge Road, No. 23-04, Peninsula Plaza, Singapore, SGP, 179098

Website

https://www.medinex.com.sg

Medinex Ltd is an investment holding company. The company has four business segments: Medical Support Services, Business Support Services, Pharmaceutical Services, and Medical Services. The company generates maximum revenue from the Medical Support Services segment. The Medical support services business segment provides professional services to clients in primary and secondary healthcare sectors comprising general practitioners and specialists.

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