Mayinglong Pharmaceutical Group Co., LTD. engages in the manufacture, wholesale, and retail of pharmaceutical products primarily in China. It offers hemorrhoid, gynecological, cough, skin, functional food, and Chinese medicine drink tablet products, as well as medical devices. The company also sells its products online. It also operates hospitals. Mayinglong Pharmaceutical Group Co., LTD. was founded in 1582 and is based in Wuhan, China.
Mayinglong Pharmaceutical Dividend Announcement
• Mayinglong Pharmaceutical announced a annually dividend of ¥0.40 per ordinary share which will be made payable on 2024-07-26. Ex dividend date: 2024-07-26 • Mayinglong Pharmaceutical annual dividend for 2024 was ¥0.40 • Mayinglong Pharmaceutical annual dividend for 2023 was ¥0.35 • Mayinglong Pharmaceutical's trailing twelve-month (TTM) dividend yield is 1.56% • Mayinglong Pharmaceutical's payout ratio for the trailing twelve months (TTM) is 66.99% • Mayinglong Pharmaceutical's dividend growth over the last five years (2018-2023) was 8.76% year • Mayinglong Pharmaceutical's dividend growth over the last ten years (2013-2023) was 11.02% year
Mayinglong Pharmaceutical current trailing twelve-month (TTM) dividend yield is 1.56%. Interested in purchasing Mayinglong Pharmaceutical stock? Use our calculator to estimate your expected dividend yield:
Mayinglong Pharmaceutical Financial Ratios
P/E ratio22.78
PEG ratio-1.37
P/B ratio2.75
ROE12.44%
Payout ratio66.99%
Current ratio4.78
Quick ratio4.40
Cash Ratio2.79
Mayinglong Pharmaceutical Dividend FAQ
How much is the next Mayinglong Pharmaceutical dividend?
Mayinglong Pharmaceutical's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Mayinglong Pharmaceutical dividend. The next Mayinglong Pharmaceutical dividend will be released in July.
When is Mayinglong Pharmaceutical dividend paid?
Mayinglong Pharmaceutical pays dividends on a annually basis. The specific dates may vary each year but are generally around July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Mayinglong Pharmaceutical pay?
The specific amount of Mayinglong Pharmaceutical dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Mayinglong Pharmaceutical's dividend history.
Does Mayinglong Pharmaceutical stock pay dividends?
Yes, Mayinglong Pharmaceutical does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Mayinglong Pharmaceutical's dividend history.
How much dividend does Mayinglong Pharmaceutical pay?
Mayinglong Pharmaceutical paid ¥0.4 in 2024, ¥0.35 in 2023, ¥0.35 in 2022, ¥0.3 in 2021, and ¥0.26 in 2020.
How often does Mayinglong Pharmaceutical pay dividends?
Mayinglong Pharmaceutical typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around July.
What is Mayinglong Pharmaceutical's dividend yield?
The current dividend yield for Mayinglong Pharmaceutical is 1.56%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Mayinglong Pharmaceutical's exact dividend yield.
When does Mayinglong Pharmaceutical go ex dividend?
Mayinglong Pharmaceutical's ex-dividend date for the latest dividend was on 2024-07-26. Mayinglong Pharmaceutical typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Mayinglong Pharmaceutical dividend paid?
Mayinglong Pharmaceutical pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Mayinglong Pharmaceutical increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Mayinglong Pharmaceutical will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Mayinglong Pharmaceutical dividend per share?
Mayinglong Pharmaceutical paid ¥0.4 per share in 2024 and ¥0.35 per share in 2023. The amount of dividend per share that Mayinglong Pharmaceutical pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Mayinglong Pharmaceutical a dividend aristocrat?
No, 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 Mayinglong Pharmaceutical a dividend king?
No, 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 Mayinglong Pharmaceutical a dividend stock?
Yes, Mayinglong Pharmaceutical is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Mayinglong Pharmaceutical a good dividend stock?
Whether Mayinglong Pharmaceutical is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Mayinglong Pharmaceutical has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Mayinglong Pharmaceutical 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.
Does Mayinglong Pharmaceutical pay dividends monthly?
Mayinglong Pharmaceutical typically pays dividends on a annually basis.
Does Mayinglong Pharmaceutical pay dividends quarterly?
Mayinglong Pharmaceutical currently pays dividends on a annually basis.
Has Mayinglong Pharmaceutical ever paid a dividend?
Yes, Mayinglong Pharmaceutical has a history of paying dividends to its shareholders. Mayinglong Pharmaceutical is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Mayinglong Pharmaceutical dividend stocks?
To buy Mayinglong Pharmaceutical 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Mayinglong Pharmaceutical 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.
When does Mayinglong Pharmaceutical pay dividends 2024?
Mayinglong Pharmaceutical pays dividends on a annually basis. 2024 dividend payments are in 2024-07-26. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Mayinglong Pharmaceutical increase its dividend in 2024?
Decisions regarding Mayinglong Pharmaceutical dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Mayinglong Pharmaceutical dividend overview you can look into the above table of dividend history.
How Mayinglong Pharmaceutical dividend works?
The Mayinglong Pharmaceutical dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Mayinglong Pharmaceutical's dividend process works:
1. Determination of Dividend: Mayinglong Pharmaceutical'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, Mayinglong Pharmaceutical 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, Mayinglong Pharmaceutical 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 Mayinglong Pharmaceutical 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.
How are Mayinglong Pharmaceutical dividends paid?
Mayinglong Pharmaceutical dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Mayinglong Pharmaceutical 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, Mayinglong Pharmaceutical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mayinglong Pharmaceutical 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.
How many times does Mayinglong Pharmaceutical pay dividends?
Mayinglong Pharmaceutical typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Mayinglong Pharmaceutical pay dividends?
The general pattern is that Mayinglong Pharmaceutical pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Mayinglong Pharmaceutical dividend safe?
The safety of Mayinglong Pharmaceutical's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Mayinglong Pharmaceutical'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 Mayinglong Pharmaceutical'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.