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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 dateDividend amountDividend typePay date
2024-06-07¥0.30annually2024-06-07
2019-06-27¥0.10annually2019-06-27
2017-07-14¥0.30annually2017-07-14
2002-07-01¥0.15annually
2000-07-17¥0.11annually
1999-06-23¥0.15annually

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

P/E ratio26.16
PEG ratio5.57
P/B ratio3.98
ROE15.78%
Payout ratio47.99%
Current ratio0.79
Quick ratio0.47
Cash Ratio0.07

Chongqing Taiji Industry Dividend FAQ

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