APOLLO HOSPITALS ENTERPRISE LTD Dividend 2024 Record Date, Share Price, History

News: Apollo Hospitals Enterprise Ltd. (BSE: 508869, NSE: APOLLOHOSP) is a leading healthcare provider in India. In this article, we’ll explore the company’s dividend for the year 2024, its record date, share price trends, and historical context.

Dividend Announcement

For the financial year ending March 2023, Apollo Hospitals Enterprises declared an equity dividend of 300%, amounting to Rs 15 per share. This means that for every share you hold, you’ll receive Rs 15 as a dividend.

Record Date

The record date for the dividend is 20th February 2024. If you own Apollo Hospitals shares on or before this date, you’ll be eligible to receive the dividend.

Share Price Trends

Let’s take a look at the recent share price trends for Apollo Hospitals Enterprise Ltd.:

• As of February 9, 2024, the share price was Rs 6614.45.
• On February 8, 2024, the company announced a dividend of Rs 6.0 per share.

Historical Dividends

Here’s a glimpse of Apollo Hospitals’ dividend history:

• May 2019: Interim dividend of Rs 3.25 per share (65%).
• May 2018: Final dividend of Rs 6.0 per share (120%) (revised from the initial 100%).
• May 2017: Final dividend of Rs 6.0 per share (120%).
• March 2016: Interim dividend of Rs 6.0 per share (120%).

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About APOLLO HOSPITALS ENTERPRISE LTD :

Apollo Hospitals Enterprise Ltd. is a prominent Indian multinational healthcare group headquartered in Chennai. As the largest for-profit private hospital network in India, it operates 71 owned and managed hospitals across the country. Let’s delve deeper into the company’s background and contributions:

Company Overview

• Founder: Dr. Prathap C Reddy established Apollo Hospitals in 1983 and is renowned as the architect of modern healthcare in India.
• Pioneering Corporate Hospital: Apollo Hospitals holds the distinction of being India’s first corporate hospital, playing a pivotal role in revolutionizing private healthcare in the nation.
• Integrated Healthcare Services: Apollo has a robust presence across the healthcare ecosystem, including:
  • Hospitals: Offering comprehensive medical services.
  • Pharmacies: Operating a network of over 120 outlets across India.
  • Primary Care & Diagnostic Clinics: Providing essential healthcare services.
  • Retail Health Models: Ensuring accessible healthcare.
  • Telemedicine Facilities: Extending healthcare services globally.
  • Health Insurance Services: Supporting patients’ financial well-being.
  • Global Projects Consultancy: Contributing to healthcare infrastructure.
  • Medical Colleges: Nurturing future healthcare professionals.
  • Medvarsity for E-Learning: Advancing medical education.
  • Colleges of Nursing and Hospital Management: Fostering excellence.
  • Research Foundation: Driving forward-looking research and academics.

Core Values

1. Clinical Excellence: Apollo Hospitals maintains an unwavering focus on delivering high-quality medical care.
2. Affordability: Striving to make healthcare accessible to all.
3. Technology: Pioneering the use of cutting-edge medical equipment.
4. Research & Academics: Contributing to medical advancements.
5. Patient-Centric Culture: The magic of Tender Loving Care (TLC) inspires hope among patients.

Social Initiatives

• Preventive Healthcare: Apollo educates people about preventive healthcare, recognizing that Non-Communicable Diseases (NCDs) pose a significant threat to the nation.
• Billion Hearts Beating Foundation: Founded by Dr. Prathap C Reddy, this initiative aims to keep Indians heart-healthy.
• Social Assistance Programs:
  • SACHi (Save a Child’s Heart Initiative): Screening and providing pediatric cardiac care for congenital heart diseases.
  • SAHI (Society to Aid the Hearing Impaired): Supporting those with hearing impairments.
  • CURE Foundation: Focused on cancer care.

Apollo Hospitals Enterprise Ltd. continues to reward its shareholders through consistent dividends. As an investor, keep an eye on the record date and stay informed about the company’s financial performance.

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