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Akso Health Group operates a social e-commerce mobile platform in China. The company operates Xiaobai Maimai App, which offers food and beverage products, wine, cosmetic products, fashion and apparel, entertainment products, housewares, home appliances, etc. It also offers consultancy and information technology support services; and trades in branded products, as well as promotes products. The company was formerly known as Xiaobai Maimai Inc. and changed its name to Akso Health Group in December 2021. Akso Health Group was founded in 2014 and is headquartered in Beijing, China. As of July 13, 2021, Akso Health Group operates as a subsidiary of Webao Limited.

Akso Health Dividend Announcement

Akso Health announced a annually dividend of $0.40 per ordinary share which will be made payable on 2018-08-10. Ex dividend date: 2018-08-01
Akso Health's trailing twelve-month (TTM) dividend yield is -%

Akso Health Dividend History

Ex-Div dateDividend amountDividend typePay date
2018-08-01$0.40annually2018-08-10

Akso Health Dividend per year

Akso Health Dividend Yield

Akso Health current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Akso Health stock? Use our calculator to estimate your expected dividend yield:

Akso Health Financial Ratios

P/E ratio-7.24
PEG ratio-0.17
P/B ratio0.47
ROE-12.62%
Payout ratio0.00%
Current ratio39.52
Quick ratio39.46
Cash Ratio23.70

Akso Health Dividend FAQ

Does Akso Health stock pay dividends?
Akso Health does not currently pay dividends to its shareholders.
Has Akso Health ever paid a dividend?
No, Akso Health has no a history of paying dividends to its shareholders. Akso Health is not known for its dividend payments.
Why doesn't Akso Health pay dividends?
There are several potential reasons why Akso Health would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Akso Health ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Akso Health has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Akso Health a dividend aristocrat?
Akso Health is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Akso Health a dividend king?
Akso Health is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Akso Health a dividend stock?
No, Akso Health is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Akso Health stocks?
To buy Akso Health you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Akso Health stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.