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Hengkang Medical Group Co.,Ltd provides medical services, pharmaceuticals, health care, and daily chemical products in China and internationally. It operates approximately 11 hospitals. The company also manufactures pharmaceutical products in the areas of analgesia, cold, cough, gynecology, cardiovascular, digestive, and urinary systems. In addition, it offers Chinese herbal medicines, infusion, and hemostasis products, as well as daily chemical products. The company was formerly known as Gansu Duyiwei Biological Pharmaceutical Co., Ltd. and changed its name to Hengkang Medical Group Co.,Ltd in January 2014. Hengkang Medical Group Co.,Ltd. was founded in 2001 and is based in Chengdu, China.

Hengkang Medical Dividend Announcement

Hengkang Medical announced a annually dividend of ¥0.10 per ordinary share which will be made payable on . Ex dividend date: 2014-02-28
Hengkang Medical's trailing twelve-month (TTM) dividend yield is -%
Hengkang Medical's payout ratio for the trailing twelve months (TTM) is 248.66%

Hengkang Medical Dividend History

Ex-Div dateDividend amountDividend typePay date
2014-02-28¥0.10annually
2012-05-23¥0.02annually
2011-05-19¥0.03annually
2010-09-29¥0.03annually
2009-09-09¥0.06annually

Hengkang Medical Dividend per year

Hengkang Medical Dividend growth

Hengkang Medical Dividend Yield

Hengkang Medical current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Hengkang Medical stock? Use our calculator to estimate your expected dividend yield:

Hengkang Medical Financial Ratios

P/E ratio176.47
PEG ratio-9.54
P/B ratio3.83
ROE2.21%
Payout ratio248.66%
Current ratio0.64
Quick ratio0.57
Cash Ratio0.14

Hengkang Medical Dividend FAQ

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