Henan Lingrui Pharmaceutical Co., Ltd. produces and sells medicines in China. The company offers its products in ten dosage forms, such as adhesive plasters, tablets, capsules, granules, tinctures, etc. covering approximately 100 product varieties. Its products include Tongluoqutong plasters, Peiyuantongnao capsules, Danlutongdu tablets, stomachache free tablets, Shenqi Hypoglycemic capsules, and others. Henan Lingrui Pharmaceutical Co., Ltd. was founded in 1992 and is based in Xinyang, China.
• Henan Lingrui Pharmaceutical announced a annually dividend of ¥0.80 per ordinary share which will be made payable on 2024-06-20. Ex dividend date: 2024-06-20 • Henan Lingrui Pharmaceutical annual dividend for 2024 was ¥0.80 • Henan Lingrui Pharmaceutical annual dividend for 2023 was ¥0.60 • Henan Lingrui Pharmaceutical's trailing twelve-month (TTM) dividend yield is 3.7% • Henan Lingrui Pharmaceutical's payout ratio for the trailing twelve months (TTM) is 116.47% • Henan Lingrui Pharmaceutical's dividend growth over the last five years (2018-2023) was 31.95% year • Henan Lingrui Pharmaceutical's dividend growth over the last ten years (2013-2023) was 19.62% year
Henan Lingrui Pharmaceutical current trailing twelve-month (TTM) dividend yield is 3.7%. Interested in purchasing Henan Lingrui Pharmaceutical stock? Use our calculator to estimate your expected dividend yield:
Henan Lingrui Pharmaceutical Financial Ratios
P/E ratio18.52
PEG ratio3.54
P/B ratio4.33
ROE23.88%
Payout ratio116.47%
Current ratio1.18
Quick ratio0.96
Cash Ratio0.40
Henan Lingrui Pharmaceutical Dividend FAQ
How much is the next Henan Lingrui Pharmaceutical dividend?
Henan Lingrui 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 Henan Lingrui Pharmaceutical dividend. The next Henan Lingrui Pharmaceutical dividend will be released in June.
When is Henan Lingrui Pharmaceutical dividend paid?
Henan Lingrui Pharmaceutical pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Henan Lingrui Pharmaceutical pay?
The specific amount of Henan Lingrui 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 Henan Lingrui Pharmaceutical's dividend history.
Does Henan Lingrui Pharmaceutical stock pay dividends?
Yes, Henan Lingrui 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 Henan Lingrui Pharmaceutical's dividend history.
How much dividend does Henan Lingrui Pharmaceutical pay?
Henan Lingrui Pharmaceutical paid ¥0.8 in 2024, ¥0.6 in 2023, ¥0.5 in 2022, ¥0.4 in 2021, and ¥0.3 in 2020.
How often does Henan Lingrui Pharmaceutical pay dividends?
Henan Lingrui Pharmaceutical typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is Henan Lingrui Pharmaceutical's dividend yield?
The current dividend yield for Henan Lingrui Pharmaceutical is 3.7%. 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 Henan Lingrui Pharmaceutical's exact dividend yield.
When does Henan Lingrui Pharmaceutical go ex dividend?
Henan Lingrui Pharmaceutical's ex-dividend date for the latest dividend was on 2024-06-20. Henan Lingrui 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 Henan Lingrui Pharmaceutical dividend paid?
Henan Lingrui Pharmaceutical pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Henan Lingrui 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 Henan Lingrui 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 Henan Lingrui Pharmaceutical dividend per share?
Henan Lingrui Pharmaceutical paid ¥0.8 per share in 2024 and ¥0.6 per share in 2023. The amount of dividend per share that Henan Lingrui 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 Henan Lingrui 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 Henan Lingrui 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 Henan Lingrui Pharmaceutical a dividend stock?
Yes, Henan Lingrui Pharmaceutical is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Henan Lingrui Pharmaceutical a good dividend stock?
Whether Henan Lingrui 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. Henan Lingrui Pharmaceutical has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Henan Lingrui 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 Henan Lingrui Pharmaceutical pay dividends monthly?
Henan Lingrui Pharmaceutical typically pays dividends on a annually basis.
Does Henan Lingrui Pharmaceutical pay dividends quarterly?
Henan Lingrui Pharmaceutical currently pays dividends on a annually basis.
Has Henan Lingrui Pharmaceutical ever paid a dividend?
Yes, Henan Lingrui Pharmaceutical has a history of paying dividends to its shareholders. Henan Lingrui Pharmaceutical is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Henan Lingrui Pharmaceutical dividend stocks?
To buy Henan Lingrui 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 Henan Lingrui 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 Henan Lingrui Pharmaceutical pay dividends 2024?
Henan Lingrui Pharmaceutical pays dividends on a annually basis. 2024 dividend payments are in 2024-06-20. 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 Henan Lingrui Pharmaceutical increase its dividend in 2024?
Decisions regarding Henan Lingrui 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 Henan Lingrui Pharmaceutical dividend overview you can look into the above table of dividend history.
How Henan Lingrui Pharmaceutical dividend works?
The Henan Lingrui 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 Henan Lingrui Pharmaceutical's dividend process works:
1. Determination of Dividend: Henan Lingrui 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, Henan Lingrui 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, Henan Lingrui 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 Henan Lingrui 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 Henan Lingrui Pharmaceutical dividends paid?
Henan Lingrui Pharmaceutical dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Henan Lingrui 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, Henan Lingrui 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: Henan Lingrui 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 Henan Lingrui Pharmaceutical pay dividends?
Henan Lingrui Pharmaceutical typically pays dividends on a 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 Henan Lingrui Pharmaceutical pay dividends?
The general pattern is that Henan Lingrui Pharmaceutical pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Henan Lingrui Pharmaceutical dividend safe?
The safety of Henan Lingrui 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 Henan Lingrui 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 Henan Lingrui 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.