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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 dateDividend amountDividend typePay date
2020-07-10¥0.10annually2020-07-10

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

P/E ratio-337.91
PEG ratio-3.37
P/B ratio4.50
ROE-1.36%
Payout ratio-32.74%
Current ratio2.38
Quick ratio1.61
Cash Ratio1.44

Sino Medical Sciences Technology Dividend FAQ

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