Cisen Pharmaceutical Co., Ltd., together with its subsidiaries, manufactures and sells chemical drug preparations and health care products in China and internationally. The company's chemical drug preparations include liver disease drugs, antitumor and auxiliary drugs, nutrition preparations, contrast agents, antibiotics, digestive system agents, polypropylene ampoules, and external preparations, as well as sedation anesthesia, cardiovascular, cough and asthma, immunomodulator, infusion, and therapeutic infusion products. The company was formerly known as Shandong Lukang Cisen Pharmaceutical Co., Ltd. and changed its name to Cisen Pharmaceutical Co., Ltd. in 2011. Cisen Pharmaceutical Co., Ltd. was founded in 1998 and is headquartered in Jining, the People's Republic of China.
Cisen Pharmaceutical Dividend Announcement
• Cisen Pharmaceutical announced a semi annually dividend of ¥0.22 per ordinary share which will be made payable on 2024-11-22. Ex dividend date: 2024-11-22
• Cisen Pharmaceutical annual dividend for 2024 was ¥0.66
• Cisen Pharmaceutical annual dividend for 2023 was ¥0.34
• Cisen Pharmaceutical's trailing twelve-month (TTM) dividend yield is 4.62%
• Cisen Pharmaceutical's payout ratio for the trailing twelve months (TTM) is 38.26%
• Cisen Pharmaceutical's dividend growth over the last five years (2018-2023) was 15.93% year
Cisen Pharmaceutical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-22 | ¥0.22 | semi annually | 2024-11-22 |
2024-06-27 | ¥0.44 | semi annually | 2024-06-27 |
2023-06-14 | ¥0.34 | semi annually | 2023-06-14 |
2022-06-30 | ¥0.30 | semi annually | 2022-06-30 |
2021-06-25 | ¥0.26 | semi annually | 2021-06-25 |
2020-07-15 | ¥0.27 | semi annually | 2020-07-15 |
2019-05-23 | ¥0.26 | semi annually | 2019-05-23 |
2018-05-17 | ¥0.16 | semi annually | 2018-05-17 |
Cisen Pharmaceutical Dividend per year
Cisen Pharmaceutical Dividend growth
Cisen Pharmaceutical Dividend Yield
Cisen Pharmaceutical current trailing twelve-month (TTM) dividend yield is 4.62%. Interested in purchasing Cisen Pharmaceutical stock? Use our calculator to estimate your expected dividend yield:
Cisen Pharmaceutical Financial Ratios
Cisen Pharmaceutical Dividend FAQ
Other factors to consider when evaluating Cisen Pharmaceutical 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: Cisen Pharmaceutical'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, Cisen Pharmaceutical 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, Cisen Pharmaceutical 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 Cisen Pharmaceutical 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: Cisen Pharmaceutical 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, Cisen Pharmaceutical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Cisen Pharmaceutical 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 Cisen Pharmaceutical'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 Cisen Pharmaceutical'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.