ResMed Inc. (ASX:RMD) Plans Dividend Increase – $0.06 Per Share

ResMed Inc. (ASX:RMD) declared a interim dividend on Monday, October 28th, MarketIndexAU reports. Investors of record on Wednesday, December 11th will be given a dividend of 0.056 per share on Wednesday, December 11th. This represents a dividend 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 Price Performance

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

ResMed Company Profile

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.