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BIMI International Medical Inc., together with its subsidiaries, engages in the retail and wholesale distribution of medical devices, and pharmaceutical and other healthcare products in the People's Republic of China. The company operates in four segments: Wholesale Pharmaceuticals, Wholesale Medical Devices, Medical Services, and Retail Pharmacies. It distributes Stryker spinal products, Olympus endoscopes, imported imaging products, and diagnostic imaging equipment to drug stores, private clinics, pharmaceutical dealers, and hospitals in the Southwest region of the People's Republic of China. The company also distributes generic drugs, Chinese herbal medicine, biochemical drugs, raw ingredients for pharmaceutical products, antibiotics, cardiovascular drugs, and anti-obesity medicines. In addition, it offers prescription and over-the-counter drugs, nutritional supplements, health foods, sundry products, traditional Chinese medicines, personal and family care products, medical devices, and miscellaneous items under the Lijiantang Pharmacy brand name. Further, the company provides medical services in the hospitals, as well as IT research and development services. It sells its medicine and other healthcare products to customers through its directly owned stores. The company was formerly known as BOQI International Medical Inc. and changed its name to BIMI International Medical Inc. in June 2021. BIMI International Medical Inc. was incorporated in 2000 and is based in Chongqing, the People's Republic of China.

BIMI International Medical Dividend Announcement

• BIMI International Medical does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on BIMI International Medical dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

BIMI International Medical Dividend History

BIMI International Medical Dividend Yield

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

BIMI International Medical Financial Ratios

P/E ratio-0.03
PEG ratio0.00
P/B ratio0.01
ROE-21.18%
Payout ratio0.00%
Current ratio1.21
Quick ratio0.86
Cash Ratio0.05

BIMI International Medical Dividend FAQ

Does BIMI International Medical stock pay dividends?
BIMI International Medical does not currently pay dividends to its shareholders.
Has BIMI International Medical ever paid a dividend?
No, BIMI International Medical has no a history of paying dividends to its shareholders. BIMI International Medical is not known for its dividend payments.
Why doesn't BIMI International Medical pay dividends?
There are several potential reasons why BIMI International Medical 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 BIMI International Medical 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 BIMI International Medical 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 BIMI International Medical a dividend aristocrat?
BIMI International Medical 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 BIMI International Medical a dividend king?
BIMI International Medical 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 BIMI International Medical a dividend stock?
No, BIMI International Medical 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 BIMI International Medical stocks?
To buy BIMI International Medical 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 BIMI International Medical 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.