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China Jo-Jo Drugstores, Inc., together with its subsidiaries, operates as a retailer and distributor of pharmaceutical and other healthcare products in the People's Republic of China. The company operates through four segments: Retail Drugstores, Online Pharmacy, Drug Wholesale, and Herb Farming. Its stores provide various pharmaceutical products, including prescription and over-the-counter drugs, nutritional supplements, traditional Chinese medicines (TCM), personal and family care products, and medical devices, as well as convenience products, such as consumable, seasonal, and promotional items. The company also operates licensed doctors of Western medicine and TCM on site for consultation, examination, and treatment of common ailments at scheduled hours. In addition, it operates online drugstore that retails OTC drugs and nutritional supplements, as well as sells products through third-party platforms. Further, the company distributes third-party pharmaceutical products primarily to trading companies, as well as cultivates and wholesales herbs used for TCM. As of March 31, 2021, it had 109 retail pharmacies under the Jiuzhou Grand Pharmacy name, as well as 4 drugstores. The company was founded in 2003 and is headquartered in Hangzhou, the People's Republic of China.

China Jo-Jo Drugstores Dividend Announcement

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

China Jo-Jo Drugstores Dividend History

China Jo-Jo Drugstores Dividend Yield

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

China Jo-Jo Drugstores Financial Ratios

P/E ratio-0.82
PEG ratio0.01
P/B ratio0.22
ROE-24.53%
Payout ratio0.00%
Current ratio0.94
Quick ratio0.71
Cash Ratio0.44

China Jo-Jo Drugstores Dividend FAQ

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