Kingworld Medicines Group Limited, an investment holding company, distributes branded imported pharmaceutical and healthcare products. The company also supplies pharmaceutical, healthcare, general foodstuffs, and medical products. It offers products for various functional categories, such as cough and phlegm relieving, gastrointestinal, vitamin, orthopedics, cardiovascular, influenza, and other categories under the Nin Jiom Chuan Bei Pei Pa Koa, Taiko Seirogan, Kawai Product Range, Flying Eagle Wood Lok Medicated Oil, Kyushin Pill, and Mentholatum Product Range brands. The company also manufactures and sells electrotherapeutic and physiotherapeutic devices, and general medical examination devices. It serves in the People's Republic of China, Hong Kong, the United States, the United Kingdom, Germany, Italy, Spain, Mexico, and internationally. The company was founded in 1996 and is headquartered in Shenzhen, the People's Republic of China.
Kingworld Medicines Dividend Announcement
• Kingworld Medicines announced a annually dividend of HK$0.03 per ordinary share which will be made payable on 2024-06-28. Ex dividend date: 2024-06-03
• Kingworld Medicines annual dividend for 2024 was HK$0.03
• Kingworld Medicines annual dividend for 2023 was HK$0.02
• Kingworld Medicines's trailing twelve-month (TTM) dividend yield is 8.45%
• Kingworld Medicines's payout ratio for the trailing twelve months (TTM) is 62.58%
• Kingworld Medicines's dividend growth over the last five years (2018-2023) was -6.36% year
• Kingworld Medicines's dividend growth over the last ten years (2013-2023) was -1.59% year
Kingworld Medicines Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-03 | HK$0.03 | annually | 2024-06-28 |
2023-06-01 | HK$0.02 | annually | 2023-06-30 |
2022-05-31 | HK$0.02 | annually | 2022-06-30 |
2021-06-01 | HK$0.01 | annually | 2021-06-30 |
2020-06-01 | HK$0.02 | annually | 2020-06-29 |
2019-05-30 | HK$0.02 | annually | 2019-06-28 |
2018-05-30 | HK$0.03 | annually | 2018-06-30 |
2017-06-01 | HK$0.03 | annually | 2017-06-30 |
2016-06-02 | HK$0.02 | annually | 2016-06-30 |
2015-06-03 | HK$0.04 | annually | 2015-06-30 |
2014-06-04 | HK$0.04 | annually | 2014-06-30 |
2013-05-21 | HK$0.03 | annually | 2013-06-18 |
Kingworld Medicines Dividend per year
Kingworld Medicines Dividend growth
Kingworld Medicines Dividend Yield
Kingworld Medicines current trailing twelve-month (TTM) dividend yield is 8.45%. Interested in purchasing Kingworld Medicines stock? Use our calculator to estimate your expected dividend yield:
Kingworld Medicines Financial Ratios
Kingworld Medicines Dividend FAQ
Other factors to consider when evaluating Kingworld Medicines 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: Kingworld Medicines'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, Kingworld Medicines 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, Kingworld Medicines 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 Kingworld Medicines 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: Kingworld Medicines 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, Kingworld Medicines distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kingworld Medicines 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 Kingworld Medicines'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 Kingworld Medicines'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.