Teyi Pharmaceutical Group Co., Ltd. engages in the research and development, production, and sale of proprietary Chinese medicines, and chemical preparations, raw materials, and products in China. The company offers cough and phlegm, kidney, anti- infection, cardiovascular, and digestive system drugs. Its chemical raw materials and products include aluminum magnesium carbonate, phenytoin, ferrous sulfate, glacial acetic acid, calcium chloride, sodium chloride, bismuth series, citric acid series, zinc sulfate, etc. The company was formerly known as Guangdong Taicheng Pharmaceutical Co., Ltd. and changed its name to Teyi Pharmaceutical Group Co., Ltd. in November 2016. Teyi Pharmaceutical Group Co., Ltd. is based in Taishan, China.
Teyi Pharmaceutical Dividend Announcement
• Teyi Pharmaceutical announced a annually dividend of ¥0.36 per ordinary share which will be made payable on 2024-04-24. Ex dividend date: 2024-04-24
• Teyi Pharmaceutical annual dividend for 2024 was ¥0.36
• Teyi Pharmaceutical annual dividend for 2023 was ¥0.91
• Teyi Pharmaceutical's trailing twelve-month (TTM) dividend yield is 3.84%
• Teyi Pharmaceutical's payout ratio for the trailing twelve months (TTM) is 520.80%
• Teyi Pharmaceutical's dividend growth over the last five years (2018-2023) was 12.72% year
Teyi Pharmaceutical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-24 | ¥0.36 | annually | 2024-04-24 |
2023-05-26 | ¥0.91 | annually | 2023-05-26 |
2022-05-10 | ¥0.65 | annually | 2022-05-10 |
2021-06-03 | ¥0.65 | annually | 2021-06-03 |
2020-04-28 | ¥0.75 | annually | 2020-04-28 |
2019-03-29 | ¥0.65 | annually | 2019-03-29 |
2018-04-20 | ¥0.50 | annually | 2018-04-20 |
2017-08-11 | ¥0.07 | annually | 2017-08-11 |
2016-08-25 | ¥0.07 | annually | |
2015-07-03 | ¥0.15 | annually |
Teyi Pharmaceutical Dividend per year
Teyi Pharmaceutical Dividend growth
Teyi Pharmaceutical Dividend Yield
Teyi Pharmaceutical current trailing twelve-month (TTM) dividend yield is 3.84%. Interested in purchasing Teyi Pharmaceutical stock? Use our calculator to estimate your expected dividend yield:
Teyi Pharmaceutical Financial Ratios
Teyi Pharmaceutical Dividend FAQ
Other factors to consider when evaluating Teyi Pharmaceutical as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Teyi Pharmaceutical's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Teyi Pharmaceutical publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Teyi Pharmaceutical distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Teyi Pharmaceutical are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Teyi Pharmaceutical sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Teyi Pharmaceutical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Teyi Pharmaceutical declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Teyi Pharmaceutical's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Teyi Pharmaceutical's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.