China National Medicines Corporation Ltd., together with its subsidiaries, distributes pharmaceutical products in China. The company also manufactures and sells new drugs and finished drugs; sells Chinese patent medicines and western medicines, and medical equipment; and offers warehousing and import and export agency services. It serves hospitals, retail pharmacies, and medical institutions. The company was founded in 1999 and is based in Beijing, China.
China National Medicines Dividend Announcement
• China National Medicines announced a annually dividend of ¥0.85 per ordinary share which will be made payable on 2024-06-13. Ex dividend date: 2024-06-13 • China National Medicines annual dividend for 2024 was ¥0.85 • China National Medicines annual dividend for 2023 was ¥0.78 • China National Medicines's trailing twelve-month (TTM) dividend yield is 2.44% • China National Medicines's payout ratio for the trailing twelve months (TTM) is 60.93% • China National Medicines's dividend growth over the last five years (2018-2023) was 11.69% year • China National Medicines's dividend growth over the last ten years (2013-2023) was 13.52% year
China National Medicines current trailing twelve-month (TTM) dividend yield is 2.44%. Interested in purchasing China National Medicines stock? Use our calculator to estimate your expected dividend yield:
China National Medicines Financial Ratios
P/E ratio12.46
PEG ratio1.10
P/B ratio1.62
ROE13.38%
Payout ratio60.93%
Current ratio2.04
Quick ratio1.68
Cash Ratio0.57
China National Medicines Dividend FAQ
How much is the next China National Medicines dividend?
China National Medicines's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next China National Medicines dividend. The next China National Medicines dividend will be released in June.
When is China National Medicines dividend paid?
China National Medicines pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 China National Medicines pay?
The specific amount of China National Medicines 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 China National Medicines's dividend history.
Does China National Medicines stock pay dividends?
Yes, China National Medicines 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 China National Medicines's dividend history.
How much dividend does China National Medicines pay?
China National Medicines paid ¥0.854 in 2024, ¥0.782 in 2023, ¥0.7 in 2022, ¥0.55 in 2021, and ¥0.638 in 2020.
How often does China National Medicines pay dividends?
China National Medicines 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 June.
What is China National Medicines's dividend yield?
The current dividend yield for China National Medicines is 2.44%. 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 China National Medicines's exact dividend yield.
When does China National Medicines go ex dividend?
China National Medicines's ex-dividend date for the latest dividend was on 2024-06-13. China National Medicines 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 China National Medicines dividend paid?
China National Medicines pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will China National Medicines 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 China National Medicines 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 China National Medicines dividend per share?
China National Medicines paid ¥0.854 per share in 2024 and ¥0.782 per share in 2023. The amount of dividend per share that China National Medicines 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 China National Medicines 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 China National Medicines 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 China National Medicines a dividend stock?
Yes, China National Medicines is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is China National Medicines a good dividend stock?
Whether China National Medicines is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. China National Medicines has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating China National Medicines 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 China National Medicines pay dividends monthly?
China National Medicines typically pays dividends on a annually basis.
Does China National Medicines pay dividends quarterly?
China National Medicines currently pays dividends on a annually basis.
Has China National Medicines ever paid a dividend?
Yes, China National Medicines has a history of paying dividends to its shareholders. China National Medicines is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy China National Medicines dividend stocks?
To buy China National Medicines 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 China National Medicines 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 China National Medicines pay dividends 2024?
China National Medicines pays dividends on a annually basis. 2024 dividend payments are in 2024-06-13. 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 China National Medicines increase its dividend in 2024?
Decisions regarding China National Medicines 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 China National Medicines dividend overview you can look into the above table of dividend history.
How China National Medicines dividend works?
The China National Medicines 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 China National Medicines's dividend process works:
1. Determination of Dividend: China National Medicines'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 National Medicines 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 National Medicines 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 National Medicines 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 China National Medicines dividends paid?
China National Medicines dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: China National Medicines 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 National Medicines 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 National Medicines 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 China National Medicines pay dividends?
China National Medicines 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 China National Medicines pay dividends?
The general pattern is that China National Medicines pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is China National Medicines dividend safe?
The safety of China National Medicines'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 China National Medicines'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 National Medicines'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.