Jiuzhitang Co., Ltd. provides traditional Chinese, chemical, biological, and health medicine products in China. The company offers shuxuetong injections, Angong Niuhuang Wan, Danxi granules, and Gastrodia Uncaria for cardiovascular and cerebrovascular disease; Guizhi Fuling pills, Buxue Shengru granules, and hemostasis and analgesia products for gynecological disease; Schicon for respiratory disease; and Jiaqi Ganzian granules, Jianwei Yuyang tablets, Jienchang Ning, and Chidan yellowing products for digestive disease. It also provides non-prescription drugs for treating nourishing QI and blood, cardiovascular and cerebrovascular, urinary system, pediatric, gynecological, skeletal muscle, respiratory, dermatology, nervous system, ENT, digestive system, and tumor diseases. Jiuzhitang Co., Ltd. was founded in 1999 and is headquartered in Beijing, China.
Jiuzhitang Dividend Announcement
• Jiuzhitang announced a annually dividend of ¥0.40 per ordinary share which will be made payable on 2024-05-28. Ex dividend date: 2024-05-28
• Jiuzhitang annual dividend for 2024 was ¥0.40
• Jiuzhitang annual dividend for 2023 was ¥0.40
• Jiuzhitang's trailing twelve-month (TTM) dividend yield is 5.27%
• Jiuzhitang's payout ratio for the trailing twelve months (TTM) is 273.51%
Jiuzhitang Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-28 | ¥0.40 | annually | 2024-05-28 |
2023-06-06 | ¥0.40 | annually | 2023-06-06 |
2022-06-01 | ¥0.40 | annually | 2022-06-01 |
2021-04-20 | ¥0.40 | annually | 2021-04-20 |
2020-06-01 | ¥0.40 | annually | 2020-06-01 |
2019-06-11 | ¥0.40 | annually | 2019-06-11 |
2018-06-13 | ¥0.40 | annually | 2018-06-13 |
2017-06-07 | ¥0.40 | annually | 2017-06-07 |
2016-05-27 | ¥0.35 | annually | |
2014-05-28 | ¥0.52 | annually | |
2013-06-27 | ¥0.17 | annually | |
2012-05-31 | ¥0.35 | annually |
Jiuzhitang Dividend per year
Jiuzhitang Dividend growth
Jiuzhitang Dividend Yield
Jiuzhitang current trailing twelve-month (TTM) dividend yield is 5.27%. Interested in purchasing Jiuzhitang stock? Use our calculator to estimate your expected dividend yield:
Jiuzhitang Financial Ratios
Jiuzhitang Dividend FAQ
Other factors to consider when evaluating Jiuzhitang 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: Jiuzhitang'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, Jiuzhitang 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, Jiuzhitang 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 Jiuzhitang 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: Jiuzhitang 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, Jiuzhitang distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Jiuzhitang 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 Jiuzhitang'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 Jiuzhitang'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.