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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 0.52%
Shanghai Yizhong Pharmaceutical's payout ratio for the trailing twelve months (TTM) is 75.75%

Shanghai Yizhong Pharmaceutical Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-17¥0.24annually2024-05-17
2023-04-20¥0.30annually2023-04-20

Shanghai Yizhong Pharmaceutical Dividend per year

Shanghai Yizhong Pharmaceutical Dividend Yield

Shanghai Yizhong Pharmaceutical current trailing twelve-month (TTM) dividend yield is 0.52%. Interested in purchasing Shanghai Yizhong Pharmaceutical stock? Use our calculator to estimate your expected dividend yield:

Shanghai Yizhong Pharmaceutical Financial Ratios

P/E ratio144.72
PEG ratio0.22
P/B ratio6.61
ROE4.48%
Payout ratio75.75%
Current ratio18.01
Quick ratio17.37
Cash Ratio13.87

Shanghai Yizhong Pharmaceutical Dividend FAQ

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

Place an order: Use the brokerage's trading platform to place an order to buy Shanghai Yizhong 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.