Table of Contents

company-logo

Hubei Goto Biopharm Co.,Ltd. engages in the production and sale of steroid hormone API's and intermediates in China. It offers starting materials, such as 9a-hydroxy-4-androstenedione(9a-OHAD), bisnoralcohol(BA), sitolactone, 1.4-androstadienedione(ADD), and 4-androstenedione(4-AD); intermediates, including estrogens, progesterone, nonsteroids, other hormones, and corticosteroids; and other pharmaceutical raw materials. The company was founded in 2006 and is based in Yicheng, China.

Hubei Goto Biopharm Dividend Announcement

• Hubei Goto Biopharm announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2024-06-12. Ex dividend date: 2024-06-12
• Hubei Goto Biopharm annual dividend for 2024 was ¥0.02
• Hubei Goto Biopharm's trailing twelve-month (TTM) dividend yield is 0.08%
• Hubei Goto Biopharm's payout ratio for the trailing twelve months (TTM) is -126.08%

Hubei Goto Biopharm Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-12¥0.02annually2024-06-12
2022-05-31¥0.14annually2022-05-31

Hubei Goto Biopharm Dividend per year

Hubei Goto Biopharm Dividend Yield

Hubei Goto Biopharm current trailing twelve-month (TTM) dividend yield is 0.08%. Interested in purchasing Hubei Goto Biopharm stock? Use our calculator to estimate your expected dividend yield:

Hubei Goto Biopharm Financial Ratios

P/E ratio-166.94
PEG ratio-1.66
P/B ratio2.48
ROE-1.47%
Payout ratio-126.08%
Current ratio0.97
Quick ratio0.48
Cash Ratio0.17

Hubei Goto Biopharm Dividend FAQ

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