Gushengtang Holdings Limited, an investment holding company, provides healthcare services and sells healthcare products. It also engages in the wholesale and retail of pharmaceutical products; and provision of investment management and supply chain management services. The company was formerly known as Gushengtang (Cayman) Ltd. and changed its name to Gushengtang Holdings Limited in September 2021. The company was incorporated in 2014 and is headquartered in Guangzhou, China.
Gushengtang Dividend Announcement
• Gushengtang announced a annually dividend of HK$0.13 per ordinary share which will be made payable on 2024-09-25. Ex dividend date: 2024-09-05
• Gushengtang annual dividend for 2024 was HK$0.13
• Gushengtang annual dividend for 2023 was HK$0.41
• Gushengtang's trailing twelve-month (TTM) dividend yield is 0.42%
• Gushengtang's payout ratio for the trailing twelve months (TTM) is 35.59%
Gushengtang Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-05 | HK$0.13 | annually | 2024-09-25 |
2023-10-19 | HK$0.41 | annually | 2023-11-10 |
Gushengtang Dividend per year
Gushengtang Dividend Yield
Gushengtang current trailing twelve-month (TTM) dividend yield is 0.42%. Interested in purchasing Gushengtang stock? Use our calculator to estimate your expected dividend yield:
Gushengtang Financial Ratios
Gushengtang 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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