Shanghai Yizhong Pharmaceutical Co., Ltd. engages in the development of anti-tumor drugs and related products in China. It develops a dosage form of paclitaxel, an anti-tumor chemotherapeutic. The company was founded in 2009 and is based in Shanghai, China.
Shanghai Yizhong Pharmaceutical Dividend Announcement
• Shanghai Yizhong Pharmaceutical announced a annually dividend of ¥0.24 per ordinary share which will be made payable on 2024-05-17. Ex dividend date: 2024-05-17
• Shanghai Yizhong Pharmaceutical annual dividend for 2024 was ¥0.24
• Shanghai Yizhong Pharmaceutical annual dividend for 2023 was ¥0.30
• Shanghai Yizhong Pharmaceutical's trailing twelve-month (TTM) dividend yield is 0.58%
• Shanghai Yizhong Pharmaceutical's payout ratio for the trailing twelve months (TTM) is 75.94%
Shanghai Yizhong Pharmaceutical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-17 | ¥0.24 | annually | 2024-05-17 |
2023-04-20 | ¥0.30 | annually | 2023-04-20 |
Shanghai Yizhong Pharmaceutical Dividend per year
Shanghai Yizhong Pharmaceutical Dividend Yield
Shanghai Yizhong Pharmaceutical current trailing twelve-month (TTM) dividend yield is 0.58%. Interested in purchasing Shanghai Yizhong Pharmaceutical stock? Use our calculator to estimate your expected dividend yield:
Shanghai Yizhong Pharmaceutical Financial Ratios
Shanghai Yizhong Pharmaceutical 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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