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Max Healthcare Institute (NSE:MAXHEALTH) Forward Dividend Yield % : 0.13% (As of May. 27, 2024)


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What is Max Healthcare Institute Forward Dividend Yield %?

As of today (2024-05-27), the Forward Annual Dividend Yield of Max Healthcare Institute is 0.13%.

As of today (2024-05-27), the Trailing Annual Dividend Yield of Max Healthcare Institute is 0.13%.

NSE:MAXHEALTH's Forward Dividend Yield % is ranked worse than
98.48% of 263 companies
in the Healthcare Providers & Services industry
Industry Median: 2.31 vs NSE:MAXHEALTH: 0.13

Max Healthcare Institute's Dividends per Share for the three months ended in Mar. 2024 was ₹0.00.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Max Healthcare Institute's Forward Dividend Yield %

For the Medical Care Facilities subindustry, Max Healthcare Institute's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % 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.


Max Healthcare Institute's Forward Dividend Yield % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Max Healthcare Institute's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Max Healthcare Institute's Forward Dividend Yield % falls into.



Max Healthcare Institute Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Max Healthcare Institute Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 1.0000002023-09-082023-09-080000-00-00Cash DividendannuallyINR:INR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Max Healthcare Institute's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=/789.40
=0.00 %

Current Share Price is ₹789.40.
Max Healthcare Institute's Dividends per Share for the forward twelve months is calculated as * = .

Max Healthcare Institute's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1/789.40
=0.13 %

Current Share Price is ₹789.40.
Max Healthcare Institute's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹1.

* 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.


Max Healthcare Institute  (NSE:MAXHEALTH) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Max Healthcare Institute Forward Dividend Yield % Related Terms

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Max Healthcare Institute (NSE:MAXHEALTH) Business Description

Traded in Other Exchanges
Address
Capital Cyberscape, Sector-59, 2nd Floor, Gurugram, HR, IND, 122011
Max Healthcare Institute Ltd is a health care service provider. The company's facilities include third party healthcare providers with whom the company has entered long term service contracts for providing clinical, radiology, and pathology services. Its hospitals provide the full range of services through its Outpatient, Day Care, Emergency Room, and In-Patient departments to accommodate medical specialties as orthopedics, internal medicine, general surgery, cardiac sciences, oncology, neurosciences, and obstetrics, as well as diagnostics. The group primarily derives revenue from India.

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