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The latest announcement is out from Resmed Inc CHESS Depositary Interests on a ratio of 10 CDIs per ord.sh ( (AU:RMD) ).
Resmed Inc has announced an update regarding the foreign exchange rate for its upcoming dividend distribution to holders of CHESS Depositary Interests (CDIs) trading on the Australian Securities Exchange. The exchange rate has been set at 0.6400 U.S. dollars for 1.00 Australian dollar, resulting in a dividend of 0.0828 Australian dollars per CDI. The announcement also highlights the potential reduction in the default U.S. withholding tax from 30% to 15% for Australian residents, contingent upon the submission of the appropriate tax forms. This update may impact the financial returns for CDI holders and reflects Resmed’s ongoing commitment to transparent communication with its stakeholders.
More about Resmed Inc CHESS Depositary Interests on a ratio of 10 CDIs per ord.sh
Resmed Inc operates in the healthcare industry, specializing in the development and manufacturing of products for the treatment of sleep apnea, chronic obstructive pulmonary disease, and other respiratory conditions. The company focuses on innovative solutions to improve patient outcomes and enhance quality of life.
Average Trading Volume: 1,403,399
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$56.01B
For detailed information about RMD stock, go to TipRanks’ Stock Analysis page.