Cathay Biotech Inc. engages in the production and sale of bio-based polyamide, bio-based DN5, long chain dibasic acids, and biobutanol. The company is headquartered in Shanghai, China.
Cathay Biotech Dividend Announcement
• Cathay Biotech announced a annually dividend of ¥0.19 per ordinary share which will be made payable on 2024-07-24. Ex dividend date: 2024-07-24 • Cathay Biotech annual dividend for 2024 was ¥0.19 • Cathay Biotech annual dividend for 2023 was ¥0.18 • Cathay Biotech's trailing twelve-month (TTM) dividend yield is 0.42% • Cathay Biotech's payout ratio for the trailing twelve months (TTM) is 33.21%
Cathay Biotech current trailing twelve-month (TTM) dividend yield is 0.42%. Interested in purchasing Cathay Biotech stock? Use our calculator to estimate your expected dividend yield:
Cathay Biotech Financial Ratios
P/E ratio68.28
PEG ratio0.66
P/B ratio2.39
ROE3.53%
Payout ratio33.21%
Current ratio2.87
Quick ratio2.33
Cash Ratio1.95
Cathay Biotech Dividend FAQ
How much is the next Cathay Biotech dividend?
Cathay Biotech's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Cathay Biotech dividend. The next Cathay Biotech dividend will be released in July.
When is Cathay Biotech dividend paid?
Cathay Biotech pays dividends on a annually basis. The specific dates may vary each year but are generally around July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Cathay Biotech pay?
The specific amount of Cathay Biotech dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Cathay Biotech's dividend history.
Does Cathay Biotech stock pay dividends?
Yes, Cathay Biotech does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Cathay Biotech's dividend history.
How much dividend does Cathay Biotech pay?
Cathay Biotech paid ¥0.19 in 2024, ¥0.18 in 2023, ¥0.63 in 2022, ¥0.8 in 2021, and ¥0.0 in 2020.
How often does Cathay Biotech pay dividends?
Cathay Biotech typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around July.
What is Cathay Biotech's dividend yield?
The current dividend yield for Cathay Biotech is 0.42%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Cathay Biotech's exact dividend yield.
When does Cathay Biotech go ex dividend?
Cathay Biotech's ex-dividend date for the latest dividend was on 2024-07-24. Cathay Biotech typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Cathay Biotech dividend paid?
Cathay Biotech pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Cathay Biotech increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Cathay Biotech will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Cathay Biotech dividend per share?
Cathay Biotech paid ¥0.19 per share in 2024 and ¥0.18 per share in 2023. The amount of dividend per share that Cathay Biotech pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Cathay Biotech a dividend aristocrat?
No, 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 Cathay Biotech a dividend king?
No, 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 Cathay Biotech a dividend stock?
Yes, Cathay Biotech is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Cathay Biotech a good dividend stock?
Whether Cathay Biotech is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Cathay Biotech has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Cathay Biotech 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.
Does Cathay Biotech pay dividends monthly?
Cathay Biotech typically pays dividends on a annually basis.
Does Cathay Biotech pay dividends quarterly?
Cathay Biotech currently pays dividends on a annually basis.
Has Cathay Biotech ever paid a dividend?
Yes, Cathay Biotech has a history of paying dividends to its shareholders. Cathay Biotech is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Cathay Biotech dividend stocks?
To buy Cathay Biotech 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Cathay Biotech 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.
When does Cathay Biotech pay dividends 2024?
Cathay Biotech pays dividends on a annually basis. 2024 dividend payments are in 2024-07-24. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Cathay Biotech increase its dividend in 2024?
Decisions regarding Cathay Biotech dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Cathay Biotech dividend overview you can look into the above table of dividend history.
How Cathay Biotech dividend works?
The Cathay Biotech dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Cathay Biotech's dividend process works:
1. Determination of Dividend: Cathay Biotech'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, Cathay Biotech 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, Cathay Biotech 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 Cathay Biotech 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.
How are Cathay Biotech dividends paid?
Cathay Biotech dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Cathay Biotech 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, Cathay Biotech distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Cathay Biotech 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.
How many times does Cathay Biotech pay dividends?
Cathay Biotech typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Cathay Biotech pay dividends?
The general pattern is that Cathay Biotech pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Cathay Biotech dividend safe?
The safety of Cathay Biotech's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Cathay Biotech'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 Cathay Biotech'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.