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An announcement from Resmed Inc CHESS Depositary Interests on a ratio of 10 CDIs per ord.sh ( (AU:RMD) ) is now available.
ResMed Inc has updated the foreign exchange rate for its upcoming dividend distribution to CDI holders on the Australian Securities Exchange. The exchange rate is set at 0.6318 U.S. dollars per Australian dollar, with a dividend payment of 0.0839 Australian dollars per CDI. The announcement highlights that the default U.S. withholding tax on these dividends is 30%, but it can be reduced to 15% under the U.S.-Australia tax treaty if CDI holders submit the appropriate tax forms.
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 sleep apnea products and various respiratory care solutions. Known for its innovative medical equipment, ResMed targets global markets, particularly focusing on improving the quality of life for individuals with respiratory disorders.
YTD Price Performance: 2.34%
Average Trading Volume: 971,642
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$55.32B
Learn more about RMD stock on TipRanks’ Stock Analysis page.
