Medinex (SGX:OTX) Dividend Payout Ratio: 8.00 (As of Mar. 2026) — 602% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SGX:OTX Medinex Ltd SGX:OTX
58 GF Score
Price S$0.22
GF Value S$0.20
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Medinex Dividend Payout Ratio?

Medinex SGX:OTX 58 Dividend Payout Ratio is 8.00 as of Mar. 2026, which is 602% above its 10-year median of 1.14. GuruFocus rates SGX:OTX with a GF Score™ of 58/100 and a GF Value™ of S$0.20 (Fairly Valued). The stock has 7 warning signs investors should review. Among 248 Healthcare Providers & Services companies, Medinex ranks worse than 89.52% on this metric.

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 Mar. 2026 was 8.00.

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 0.94, 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: 0.94

During the past 10 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
89.52% of 248 companies
in the Healthcare Providers & Services industry
Industry Median: 0.41 vs SGX:OTX: 0.94

As of today (2026-08-07), the Dividend Yield % of Medinex is 7.64%.

During the past 10 years, the highest Trailing Annual Dividend Yield of Medinex was 10.50%. The lowest was 3.40%. And the median was 7.56%.

Medinex's Dividends per Share for the months ended in Mar. 2026 was S$0.01.

During the past 3 years, the average Dividends Per Share Growth Rate was 4.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.10% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Medinex was 33.40% per year. The lowest was 0.00% per year. And the median was 4.30% 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 (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

Medinex Dividend Payout Ratio Historical Data

* Premium members only.

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.

Medinex Dividend Payout Ratio Chart

Medinex Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 1.15 2.38 0.81 1.70

Medinex Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 8.00 0.73 0.73 0.50 8.00

SGX:OTX vs HCA, THC, DVA: Dividend Payout Ratio Comparison

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 Dividend Payout Ratio vs 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.


SGX:OTX
58GF Score
Medinex Ltd SGX:OTX
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Medinex Dividend Payout Ratio Calculation

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 fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2026 )/ EPS without NRI (A: Mar. 2026 )
=0.017/ 0.01
=1.70

Medinex's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0.008/ 0.001
=8.00

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 8.00 mean?
Medinex (SGX:OTX) has a Dividend Payout Ratio of 8.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Medinex and its competitors. This is 602% above median its historical median of 1.14. Over the past decade, Medinex's Dividend Payout Ratio has ranged from 0.44 to 2.38. According to the industry distribution chart, Medinex ranks #222 out of 248 companies in the Healthcare Providers & Services industry, placing it in the top 89.5%.
Is Medinex's Dividend Payout Ratio too high?
Medinex's current Dividend Payout Ratio of 8.00 is 602% above median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 2.38. The Healthcare Providers & Services industry median Dividend Payout Ratio is 0.41. Medinex's value of 8.00 is 1851.2% above this industry median. Based on the distribution chart, Medinex ranks #222 out of 248 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Medinex has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Medinex's Dividend Payout Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Medinex ranks #222 out of 248 companies for Dividend Payout Ratio. This places Medinex in the lower half of its industry. The industry median Dividend Payout Ratio is 0.41. Medinex's value of 8.00 is 1851.2% above this benchmark. Historically, Medinex's own Dividend Payout Ratio has ranged from 0.44 to 2.38 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 0.41, Medinex has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Healthcare Providers & Services company?
The median Dividend Payout Ratio among Healthcare Providers & Services companies is 0.41, based on 248 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Medinex's current Dividend Payout Ratio of 8.00 is 1851.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Medinex and its competitors. For the Healthcare Providers & Services industry, the median Dividend Payout Ratio is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medinex's current Dividend Payout Ratio is 8.00, which is 602% above median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medinex stock overvalued right now?
Based on GuruFocus' analysis, Medinex (SGX:OTX) is currently considered Fairly Valued. The stock's GF Value™ is S$0.20, compared to a current price of S$0.22 — trading 10% above its estimated fair value. The current Dividend Payout Ratio is 8.00, which is 602% above median its 10-year median of 1.14 and 1851.2% above the Healthcare Providers & Services industry median of 0.41. Medinex's overall GF Score™ is 58/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Medinex (SGX:OTX), the current Dividend Payout Ratio is 8.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Medinex (SGX:OTX) Overvalued in 2026?

Based on GuruFocus' analysis, Medinex stock appears to be overvalued. The current stock price of S$0.22 is trading 10% above its estimated GF Value™ of S$0.20. GuruFocus considers Medinex to be Fairly Valued.

Key valuation signals for SGX:OTX:

  • Dividend Payout Ratio: 8.00 (602% above median its 10-year median of 1.14)
  • GF Value™: S$0.20 vs. price of S$0.22 (10% above fair value)
  • GF Score™: 58/100 with 7 warning signs
  • Industry Position: 1851.2% above the Healthcare Providers & Services median (#222 of 248)

No single metric tells the full story. See the SGX:OTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Medinex Business Description

Address 111 North Bridge Road, No. 23-04, Peninsula Plaza, Singapore, SGP, 179098
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 Business Support Services segment. The Business support services business segment provides professional services to customer base who are outside from healthcare industry.
58GF Score

Get the complete analysis for SGX:OTX

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$0.22
Price
S$0.20
GF Value