ResMed Inc. (ASX:RMD) Increases Dividend to $0.06 Per Share

by · The Markets Daily

ResMed Inc. (ASX:RMD – Get Free Report) announced a interim dividend on Monday, October 28th, MarketIndexAU reports. Shareholders of record on Wednesday, December 11th will be paid a dividend of 0.056 per share on Wednesday, December 11th. This represents a yield of 0.14%. The ex-dividend date is Tuesday, November 5th. This is an increase from ResMed’s previous interim dividend of $0.05.

ResMed Stock Performance

The company has a current ratio of 2.59, a quick ratio of 1.23 and a debt-to-equity ratio of 17.97.

ResMed Company Profile

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ResMed Inc develops, manufactures, distributes, and markets medical devices and cloud-based software applications for the healthcare markets. The company operates in two segments, Sleep and Respiratory Care, and Software as a Service. It offers various products and solutions for a range of respiratory disorders, including ApneaLink Air, a portable diagnostic device that measures oximetry, respiratory effort, pulse, nasal flow, and snoring; and NightOwl, a portable, cloud-connected, and disposable diagnostic device that measures AHI based on derived peripheral arterial tone, actigraphy, and oximetry over several nights.

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