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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 dateDividend amountDividend typePay date
2024-09-05HK$0.13annually2024-09-25
2023-10-19HK$0.41annually2023-11-10

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

P/E ratio30.19
PEG ratio-0.65
P/B ratio3.30
ROE10.99%
Payout ratio35.59%
Current ratio2.59
Quick ratio2.38
Cash Ratio1.84

Gushengtang Dividend FAQ

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