CSPC Pharmaceutical Group Limited, an investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical products in the People's Republic of China, other Asian regions, the Americas, Europe, and internationally. The company operates through Finished Drugs, Bulk Products, and Functional Food and Others segments. It provides NBP soft capsules and injections for acute ischemic stroke; Oulaining capsules and injections to treat mild to moderate memory and mental impairment; Enxi to treat adult idiopathic Parkinson's disease; Duomeisu for lymphoma, multiple myeloma, ovarian and breast cancers, and other malignant tumors; Jinyouli to prevent leucopenia and infection induced by chemotherapy; and Keaili for breast cancer. The company also offers Shuluoke, Nuomoling, Weihong, and Xinweihong for various infections; Xuanning for hypertension; Encun to prevent atherosclerotic thrombosis events; Qixiao to treat upper respiratory tract infection; Linmeixin and Shuanglexin for diabetes; Gubang and Gubangjia to treat osteoporosis in postmenopausal women; and Gaoshunsong for arthritis, osteoarthritis, ankylosing spondylitis, frozen shoulder, bursuitis, tenosynovitis, acute gout, dysmenorrhea, toothache and postoperative pain, low back pain, sprain, strain, and other soft tissue injuries. In addition, it provides Debixin for various ulcer; Qimaite for acute and chronic pains; antibiotics, vitamin C, and caffeine APIs; functional food and glucose products; and healthcare services. The company was formerly known as China Pharmaceutical Group Limited and changed its name to CSPC Pharmaceutical Group Limited in March 2013. CSPC Pharmaceutical Group Limited was incorporated in 1992 and is headquartered in Shijiazhuang, the People's Republic of China.
CSPC Pharmaceutical Dividend Announcement
• CSPC Pharmaceutical announced a semi annually dividend of $0.08 per ordinary share which will be made payable on 2024-12-05. Ex dividend date: 2024-11-01
• CSPC Pharmaceutical annual dividend for 2024 was $0.15
• CSPC Pharmaceutical annual dividend for 2023 was $0.13
• CSPC Pharmaceutical's trailing twelve-month (TTM) dividend yield is 5.75%
• CSPC Pharmaceutical's payout ratio for the trailing twelve months (TTM) is 49.54%
CSPC Pharmaceutical Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-01 | $0.08 | semi annually | 2024-12-05 |
| 2024-06-03 | $0.07 | semi annually | 2024-07-11 |
| 2023-09-07 | $0.07 | semi annually | 2023-10-26 |
| 2023-06-05 | $0.06 | semi annually | 2023-07-13 |
| 2022-09-08 | $0.05 | semi annually | 2022-10-25 |
| 2022-05-31 | $0.05 | semi annually | 2022-07-07 |
| 2021-09-10 | $0.04 | semi annually | 2021-10-25 |
| 2021-05-24 | $0.05 | semi annually | 2021-06-25 |
CSPC Pharmaceutical Dividend per year
CSPC Pharmaceutical Dividend growth
CSPC Pharmaceutical Dividend Yield
CSPC Pharmaceutical current trailing twelve-month (TTM) dividend yield is 5.75%. Interested in purchasing CSPC Pharmaceutical stock? Use our calculator to estimate your expected dividend yield:
CSPC Pharmaceutical Financial Ratios
P/E ratio6.52
PEG ratio-0.01
P/B ratio1.65
ROE26.79%
Payout ratio49.54%
Current ratio2.54
Quick ratio2.20
Cash Ratio0.80
CSPC Pharmaceutical Dividend FAQ
How much is the next CSPC Pharmaceutical dividend?
CSPC Pharmaceutical's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next CSPC Pharmaceutical dividend. The next CSPC Pharmaceutical dividend will be released in June, or September.
When is CSPC Pharmaceutical dividend paid?
CSPC Pharmaceutical pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June, and September. 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 CSPC Pharmaceutical pay?
The specific amount of CSPC Pharmaceutical 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 CSPC Pharmaceutical's dividend history.
Does CSPC Pharmaceutical stock pay dividends?
Yes, CSPC Pharmaceutical 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 CSPC Pharmaceutical's dividend history.
How much dividend does CSPC Pharmaceutical pay?
CSPC Pharmaceutical paid $0.154 in 2024, $0.127 in 2023, $0.102 in 2022, $0.087 in 2021, and $0.0 in 2020.
How often does CSPC Pharmaceutical pay dividends?
CSPC Pharmaceutical typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June, and September.
What is CSPC Pharmaceutical's dividend yield?
The current dividend yield for CSPC Pharmaceutical is 5.75%. 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 CSPC Pharmaceutical's exact dividend yield.
When does CSPC Pharmaceutical go ex dividend?
CSPC Pharmaceutical's ex-dividend date for the latest dividend was on 2024-11-01. CSPC Pharmaceutical 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 CSPC Pharmaceutical dividend paid?
CSPC Pharmaceutical pays dividends on a semi annually basis, typically around June, or September, but the exact dates can vary each year.
Will CSPC Pharmaceutical 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 CSPC Pharmaceutical 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 CSPC Pharmaceutical dividend per share?
CSPC Pharmaceutical paid $0.154 per share in 2024 and $0.127 per share in 2023. The amount of dividend per share that CSPC Pharmaceutical 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 CSPC Pharmaceutical 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 CSPC Pharmaceutical 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 CSPC Pharmaceutical a dividend stock?
Yes, CSPC Pharmaceutical is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is CSPC Pharmaceutical a good dividend stock?
Whether CSPC Pharmaceutical is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. CSPC Pharmaceutical has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating CSPC 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.
Other factors to consider when evaluating CSPC 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.
Does CSPC Pharmaceutical pay dividends monthly?
CSPC Pharmaceutical typically pays dividends on a semi annually basis.
Does CSPC Pharmaceutical pay dividends quarterly?
CSPC Pharmaceutical currently pays dividends on a semi annually basis.
Has CSPC Pharmaceutical ever paid a dividend?
Yes, CSPC Pharmaceutical has a history of paying dividends to its shareholders. CSPC Pharmaceutical is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy CSPC Pharmaceutical dividend stocks?
To buy CSPC Pharmaceutical 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 CSPC Pharmaceutical 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.
Place an order: Use the brokerage's trading platform to place an order to buy CSPC Pharmaceutical 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 CSPC Pharmaceutical pay dividends 2024?
CSPC Pharmaceutical pays dividends on a semi annually basis. 2024 dividend payments are in 2024-12-05. 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 CSPC Pharmaceutical increase its dividend in 2024?
Decisions regarding CSPC Pharmaceutical 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 CSPC Pharmaceutical dividend overview you can look into the above table of dividend history.
How CSPC Pharmaceutical dividend works?
The CSPC Pharmaceutical 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 CSPC Pharmaceutical's dividend process works:
1. Determination of Dividend: CSPC 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, CSPC 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, CSPC 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 CSPC 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. Determination of Dividend: CSPC 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, CSPC 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, CSPC 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 CSPC 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.
How are CSPC Pharmaceutical dividends paid?
CSPC Pharmaceutical dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: CSPC 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, CSPC 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: CSPC 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.
1. Record Date: CSPC 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, CSPC 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: CSPC 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.
How many times does CSPC Pharmaceutical pay dividends?
CSPC Pharmaceutical typically pays dividends on a semi 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 CSPC Pharmaceutical pay dividends?
The general pattern is that CSPC Pharmaceutical pays dividends around June, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is CSPC Pharmaceutical dividend safe?
The safety of CSPC Pharmaceutical'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 CSPC 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 CSPC 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.
To assess the safety of CSPC 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 CSPC 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.