Cachet Pharmaceutical Co., Ltd. engages in the wholesale and retail sale of pharmaceutical products in China. It is involved in the supply of medicines to hospitals; wholesale of biological products, medical instruments, and traditional Chinese medicines; pharmaceutical logistic operations; and manufacture of medicines. The company owns 150 chain stores in Beijing that sell medicines, health care foods, medical instruments, cosmetics, daily necessities, and traditional Chinese medicines. Cachet Pharmaceutical Co., Ltd. was founded in 1998 and is based in Beijing, China.
Cachet Pharmaceutical Dividend Announcement
• Cachet Pharmaceutical announced a annually dividend of ¥0.26 per ordinary share which will be made payable on 2024-06-27. Ex dividend date: 2024-06-27
• Cachet Pharmaceutical annual dividend for 2024 was ¥0.26
• Cachet Pharmaceutical annual dividend for 2023 was ¥0.31
• Cachet Pharmaceutical's trailing twelve-month (TTM) dividend yield is 1.94%
• Cachet Pharmaceutical's payout ratio for the trailing twelve months (TTM) is 103.71%
• Cachet Pharmaceutical's dividend growth over the last five years (2018-2023) was 15.63% year
• Cachet Pharmaceutical's dividend growth over the last ten years (2013-2023) was 9.96% year
Cachet Pharmaceutical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-27 | ¥0.26 | annually | 2024-06-27 |
2023-06-30 | ¥0.31 | annually | 2023-06-30 |
2022-06-24 | ¥0.37 | annually | 2022-06-24 |
2021-06-18 | ¥0.33 | annually | 2021-06-18 |
2020-06-30 | ¥0.40 | annually | 2020-06-30 |
2019-05-17 | ¥0.15 | annually | 2019-05-17 |
2018-06-29 | ¥0.15 | annually | 2018-06-29 |
2017-06-30 | ¥0.15 | annually | 2017-06-30 |
2016-06-24 | ¥0.25 | annually | |
2015-06-10 | ¥0.12 | annually | |
2014-06-12 | ¥0.15 | annually | |
2013-06-18 | ¥0.12 | annually |
Cachet Pharmaceutical Dividend per year
Cachet Pharmaceutical Dividend growth
Cachet Pharmaceutical Dividend Yield
Cachet Pharmaceutical current trailing twelve-month (TTM) dividend yield is 1.94%. Interested in purchasing Cachet Pharmaceutical stock? Use our calculator to estimate your expected dividend yield:
Cachet Pharmaceutical Financial Ratios
Cachet Pharmaceutical Dividend FAQ
Other factors to consider when evaluating Cachet Pharmaceutical 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: Cachet Pharmaceutical'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, Cachet Pharmaceutical 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, Cachet Pharmaceutical 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 Cachet Pharmaceutical 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: Cachet Pharmaceutical 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, Cachet Pharmaceutical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Cachet Pharmaceutical 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 Cachet Pharmaceutical'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 Cachet Pharmaceutical'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.