Beijing Tongrentang Co., Ltd engages in the scientific research, production, sale, and distribution of Chinese medicines in China and internationally. It covers product formulations, such as pills, powders, wines and capsules, oral liquids, and dripping pills with the original powder preparation in the areas of cardiovascular, cerebrovascular, and gynecological diseases, as well as anti-depressive new drugs. The company sells its products under the brand names of Angong Niuhuang series, Tongren Niuhuang Qingxin series, Tongren Dahuoluo series, Yufeng Ningxin dripping pills, Hemiplegia recovery pills, etc. The company is based in Beijing, China. Beijing Tongrentang Co., Ltd operates as a subsidiary of China Beijing Tongrentang (Group) Co., Ltd.
Beijing Tongrentang Dividend Announcement
• Beijing Tongrentang announced a semi annually dividend of ¥0.50 per ordinary share which will be made payable on 2024-10-10. Ex dividend date: 2024-10-10
• Beijing Tongrentang annual dividend for 2024 was ¥1.00
• Beijing Tongrentang annual dividend for 2023 was ¥0.32
• Beijing Tongrentang 's trailing twelve-month (TTM) dividend yield is 3.49%
• Beijing Tongrentang 's payout ratio for the trailing twelve months (TTM) is 70.91%
• Beijing Tongrentang 's dividend growth over the last five years (2018-2023) was 5.06% year
• Beijing Tongrentang 's dividend growth over the last ten years (2013-2023) was 2.50% year
Beijing Tongrentang Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-10 | ¥0.50 | semi annually | 2024-10-10 |
2024-06-28 | ¥0.50 | semi annually | 2024-06-28 |
2023-07-24 | ¥0.32 | semi annually | 2023-07-24 |
2022-08-18 | ¥0.29 | semi annually | 2022-08-18 |
2021-08-12 | ¥0.27 | semi annually | 2021-08-12 |
2020-07-20 | ¥0.26 | semi annually | 2020-07-20 |
2019-12-09 | ¥0.50 | semi annually | 2019-12-09 |
2019-07-29 | ¥0.26 | semi annually | 2019-07-29 |
2018-08-08 | ¥0.25 | semi annually | 2018-08-08 |
2017-08-16 | ¥0.24 | semi annually | 2017-08-16 |
2016-08-10 | ¥0.23 | semi annually | |
2015-08-07 | ¥0.22 | semi annually | |
2014-08-13 | ¥0.20 | semi annually | |
2013-08-09 | ¥0.25 | semi annually |
Beijing Tongrentang Dividend per year
Beijing Tongrentang Dividend growth
Beijing Tongrentang Dividend Yield
Beijing Tongrentang current trailing twelve-month (TTM) dividend yield is 3.49%. Interested in purchasing Beijing Tongrentang stock? Use our calculator to estimate your expected dividend yield:
Beijing Tongrentang Financial Ratios
Beijing Tongrentang Dividend FAQ
Other factors to consider when evaluating Beijing Tongrentang as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Beijing Tongrentang 's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Beijing Tongrentang publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Beijing Tongrentang distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Beijing Tongrentang are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Beijing Tongrentang sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Beijing Tongrentang distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Beijing Tongrentang declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Beijing Tongrentang 's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Beijing Tongrentang 's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.