company-logo

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 dateDividend amountDividend typePay date
2022-05-25HK$0.02annually2022-06-13

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

P/E ratio4.85
PEG ratio0.05
P/B ratio0.56
ROE11.52%
Payout ratio0.00%
Current ratio11.79
Quick ratio10.90
Cash Ratio9.57

Modern Chinese Medicine Dividend FAQ

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