Modern Chinese Medicine Group Co., Ltd., an investment holding company, produces and sells proprietary Chinese medicines for elderlies and aged-middle in the People's Republic of China. It offers therapeutics for the qi-deficiency and blood-statis, cardio-cerebrovascular, digestive and gastrointestinal, gynecological, respiratory system, and nervous system conditions. The company was founded in 1986 and is headquartered in Chengde, China. Modern Chinese Medicine Group Co., Ltd. is a subsidiary of Modern Biotechnology Group Holdings Co., Ltd.
Modern Chinese Medicine Dividend Announcement
• Modern Chinese Medicine announced a annually dividend of HK$0.02 per ordinary share which will be made payable on 2022-06-13. Ex dividend date: 2022-05-25
• Modern Chinese Medicine's trailing twelve-month (TTM) dividend yield is -%
Modern Chinese Medicine Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2022-05-25 | HK$0.02 | annually | 2022-06-13 |
Modern Chinese Medicine Dividend per year
Modern Chinese Medicine Dividend Yield
Modern Chinese Medicine current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Modern Chinese Medicine stock? Use our calculator to estimate your expected dividend yield:
Modern Chinese Medicine Financial Ratios
Modern Chinese Medicine Dividend FAQ
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.
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