Sino Medical Sciences Technology Inc., a medical device company, engages in the research, development, production, and distribution of interventional devices in China. Its products include drug-eluting stents, balloon catheters, coronary stents, and transcatheter mitral valve replacement devices. Sino Medical Sciences Technology Inc. has a clinical collaboration agreement with The National University of Ireland Galway. The company was founded in 2007 and is headquartered in Tianjin, China.
Sino Medical Sciences Technology Dividend Announcement
• Sino Medical Sciences Technology announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2020-07-10. Ex dividend date: 2020-07-10
• Sino Medical Sciences Technology's trailing twelve-month (TTM) dividend yield is -%
• Sino Medical Sciences Technology's payout ratio for the trailing twelve months (TTM) is -32.74%
Sino Medical Sciences Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2020-07-10 | ¥0.10 | annually | 2020-07-10 |
Sino Medical Sciences Technology Dividend per year
Sino Medical Sciences Technology Dividend Yield
Sino Medical Sciences Technology current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Sino Medical Sciences Technology stock? Use our calculator to estimate your expected dividend yield:
Sino Medical Sciences Technology Financial Ratios
Sino Medical Sciences Technology 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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