Chongqing Taiji Industry(Group) Co.,Ltd operates in the pharmaceutical industry in China and internationally. It researches, develops, produces, and sells Chinese medicine and health products. The company offers its products in various dosage forms, including tablets, oral liquids, syrups, dripping pills, granules, capsules, tinctures, powders, etc. It offers its products in various areas, such as digestive system, respiratory system, cardiovascular and cerebrovascular, pediatrics and gynecology, systemic anti-infective drugs, analgesia and antibiotics, orthopedics, cold clearing and cough relief, and endocrine and nervous system drugs. The company is based in Chongqing, China.
Chongqing Taiji Industry Dividend Announcement
• Chongqing Taiji Industry announced a annually dividend of ¥0.30 per ordinary share which will be made payable on 2024-06-07. Ex dividend date: 2024-06-07
• Chongqing Taiji Industry annual dividend for 2024 was ¥0.30
• Chongqing Taiji Industry's trailing twelve-month (TTM) dividend yield is 1.05%
• Chongqing Taiji Industry's payout ratio for the trailing twelve months (TTM) is 47.99%
Chongqing Taiji Industry Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-07 | ¥0.30 | annually | 2024-06-07 |
2019-06-27 | ¥0.10 | annually | 2019-06-27 |
2017-07-14 | ¥0.30 | annually | 2017-07-14 |
2002-07-01 | ¥0.15 | annually | |
2000-07-17 | ¥0.11 | annually | |
1999-06-23 | ¥0.15 | annually |
Chongqing Taiji Industry Dividend per year
Chongqing Taiji Industry Dividend Yield
Chongqing Taiji Industry current trailing twelve-month (TTM) dividend yield is 1.05%. Interested in purchasing Chongqing Taiji Industry stock? Use our calculator to estimate your expected dividend yield:
Chongqing Taiji Industry Financial Ratios
Chongqing Taiji Industry Dividend FAQ
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.
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