Huadong Medicine Co., Ltd produces and sells various pharmaceutical products in China. It offers Chinese patent drugs, immunosuppressive agents, endocrine drugs, digestive system drugs, antineoplastic drugs, cardiovascular drugs, medical cosmetology, and antibiotic drugs, as well as medical equipment. The company's products include gastrointestinal agents, APIs, and other products. It also engages in the production and management of traditional Chinese and western raw medicines and preparations, and health care products; wholesale of TCM materials, TCM decoction pieces, chemical preparations, etc.; warehousing and storage business; and research, development, production, and sale of aesthetic medicine products. Huadong Medicine Co., Ltd was founded in 1993 and is headquartered in Hangzhou, China.
Huadong Medicine Dividend Announcement
• Huadong Medicine announced a semi annually dividend of ¥0.35 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-09-20
• Huadong Medicine annual dividend for 2024 was ¥0.93
• Huadong Medicine annual dividend for 2023 was ¥0.29
• Huadong Medicine 's trailing twelve-month (TTM) dividend yield is 2.62%
• Huadong Medicine 's payout ratio for the trailing twelve months (TTM) is 80.32%
• Huadong Medicine 's dividend growth over the last five years (2018-2023) was -16.63% year
Huadong Medicine Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-20 | ¥0.35 | semi annually | 2024-09-20 |
2024-05-28 | ¥0.58 | semi annually | 2024-05-28 |
2023-06-14 | ¥0.29 | semi annually | 2023-06-14 |
2022-06-13 | ¥0.29 | semi annually | 2022-06-13 |
2021-06-09 | ¥0.23 | semi annually | 2021-06-09 |
2020-06-17 | ¥0.28 | semi annually | 2020-06-17 |
2019-06-21 | ¥0.28 | semi annually | 2019-06-21 |
2018-06-13 | ¥0.72 | semi annually | 2018-06-13 |
2017-05-24 | ¥2.70 | semi annually | 2017-05-24 |
2016-06-16 | ¥1.25 | semi annually | |
2015-05-08 | ¥0.92 | semi annually | |
2014-06-26 | ¥0.70 | semi annually | |
2010-10-25 | ¥0.33 | semi annually | |
2010-05-28 | ¥0.33 | semi annually |
Huadong Medicine Dividend per year
Huadong Medicine Dividend growth
Huadong Medicine Dividend Yield
Huadong Medicine current trailing twelve-month (TTM) dividend yield is 2.62%. Interested in purchasing Huadong Medicine stock? Use our calculator to estimate your expected dividend yield:
Huadong Medicine Financial Ratios
Huadong Medicine Dividend FAQ
Other factors to consider when evaluating Huadong Medicine 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.
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1. Determination of Dividend: Huadong Medicine '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, Huadong Medicine 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, Huadong Medicine 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 Huadong Medicine 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. Record Date: Huadong Medicine 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, Huadong Medicine distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Huadong Medicine 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.
To assess the safety of Huadong Medicine '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 Huadong Medicine '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.