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Qilian International Holding Group Limited engages in the research, development, and production of active pharmaceutical ingredients (APIs), traditional Chinese medicine derivatives (TCMD), and other by-products in China. The company offers licorice products, including Gan Di Xin, an antitussive and expectorant medicine; Qilian Shan Licorice Extract, an ingredient for pharmaceutical companies to manufacture traditional licorice tablets; and Qilian Shan licorice liquid extract, a primary ingredient for medical preparation companies to produce compound licorice oral solutions. It also provides Qilian Shan oxytetracycline tablets to prevent and treat a range of diseases in chickens, turkeys, cattle, swine, and human; and Qilian Shan oxytetracycline APIs for pharmaceutical companies to manufacture medications. In addition, the company offers TCMD products, such as Ahan antibacterial paste to treat refractory chronic skin diseases; heparin products, including heparin sodium preparations for pharmaceutical companies to produce medications for cardiovascular diseases, cerebrovascular diseases, and hemodialysis; and Zhu Xiaochang sausage casings, which are natural food products for culinary application. Further, it provides Xiongguan organic fertilizers to improve crop yield and soil's chemical properties and reduce soil compaction; and Xiongguan organic-inorganic compound fertilizers to increased plant growth. The company was incorporated in 2019 and is based in Jiuquan, the People's Republic of China.

Qilian International Dividend Announcement

• Qilian International announced a annually dividend of $0.05 per ordinary share which will be made payable on 2023-03-06. Ex dividend date: 2023-02-27
• Qilian International's trailing twelve-month (TTM) dividend yield is -%
• Qilian International's payout ratio for the trailing twelve months (TTM) is -22.97%

Qilian International Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-02-27$0.05annually2023-03-06

Qilian International Dividend per year

Qilian International Dividend Yield

Qilian International current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Qilian International stock? Use our calculator to estimate your expected dividend yield:

Qilian International Financial Ratios

P/E ratio-24.86
PEG ratio-0.81
P/B ratio4.52
ROE-16.24%
Payout ratio-22.97%
Current ratio5.18
Quick ratio4.33
Cash Ratio1.12

Qilian International Dividend FAQ

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