China Meheco Group Co., Ltd. engages in the pharmaceutical business in China and internationally. The company imports and exports China national medicines and health products; produces and distributes pharmaceutical and health care products; and operates retail chain pharmacies. Its products include bulk pharmaceutical chemicals antibiotic fermentation and chemical synthesis tablets, injections, capsules, etc.; antibiotics; medicines for the treatment of cardio-cerebrovascular diseases, chronic diseases, and diabetes; antiviral drugs; anti-infectious agents; gastrointestinal drugs; non-steroidal anti-inflammatory drugs; anti-allergic agents; specialty botanicals; western medicine preparations; Chinese patent medicines and herbal pieces; medical equipment and supplies; biological products and raw materials; chemical raw materials; and nutritional and other healthcare products. The company also plants, processes, warehouses, and transports ginseng, licorice, ephedra, rhubarb, rheum officinale, astragalus membranaceus, scutellaria baicalensis, fennel, and other herbs. China Meheco Group Co., Ltd. was founded in 1984 and is based in Beijing, China.
China Meheco Dividend Announcement
• China Meheco announced a semi annually dividend of ¥0.02 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-27
• China Meheco annual dividend for 2024 was ¥0.23
• China Meheco annual dividend for 2023 was ¥0.15
• China Meheco's trailing twelve-month (TTM) dividend yield is 1.95%
• China Meheco's payout ratio for the trailing twelve months (TTM) is 56.96%
• China Meheco's dividend growth over the last five years (2018-2023) was -16.55% year
• China Meheco's dividend growth over the last ten years (2013-2023) was -8.28% year
China Meheco Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-27 | ¥0.02 | semi annually | 2024-09-27 |
2024-06-27 | ¥0.21 | semi annually | 2024-06-27 |
2023-06-28 | ¥0.15 | semi annually | 2023-06-28 |
2022-06-24 | ¥0.25 | semi annually | 2022-06-24 |
2021-06-25 | ¥0.37 | semi annually | 2021-06-25 |
2020-06-30 | ¥0.28 | semi annually | 2020-06-30 |
2019-06-14 | ¥0.43 | semi annually | 2019-06-14 |
2018-06-15 | ¥0.36 | semi annually | 2018-06-15 |
2017-06-14 | ¥0.27 | semi annually | 2017-06-14 |
2016-05-30 | ¥0.18 | semi annually | |
2015-06-19 | ¥0.16 | semi annually | |
2014-06-19 | ¥0.29 | semi annually | |
2013-05-09 | ¥0.35 | semi annually |
China Meheco Dividend per year
China Meheco Dividend growth
China Meheco Dividend Yield
China Meheco current trailing twelve-month (TTM) dividend yield is 1.95%. Interested in purchasing China Meheco stock? Use our calculator to estimate your expected dividend yield:
China Meheco Financial Ratios
China Meheco Dividend FAQ
Other factors to consider when evaluating China Meheco 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: China Meheco'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, China Meheco 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, China Meheco 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 China Meheco 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: China Meheco 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, China Meheco distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: China Meheco 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 China Meheco'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 China Meheco'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.