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Thalys Medical Technology Group Inc. engages in the medical intensive business and operation services in China. The company was formerly known as Thalys Medical Technology Inc. and changed its name to Thalys Medical Technology Group Inc. in September 2020. Thalys Medical Technology Group Inc. was founded in 2004 and is headquartered in Wuhan, China.

Thalys Medical Technology Dividend Announcement

Thalys Medical Technology announced a annually dividend of ¥0.08 per ordinary share which will be made payable on 2020-06-18. Ex dividend date: 2020-06-18
Thalys Medical Technology's trailing twelve-month (TTM) dividend yield is -%
Thalys Medical Technology's payout ratio for the trailing twelve months (TTM) is -36.20%

Thalys Medical Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2020-06-18¥0.08annually2020-06-18
2018-04-25¥0.08annually2018-04-25
2017-04-07¥0.06annually2017-04-07

Thalys Medical Technology Dividend per year

Dividend per ordinary share

Thalys Medical Technology Dividend Yield

Thalys Medical Technology current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Thalys Medical Technology stock? Use our calculator to estimate your expected dividend yield:

Thalys Medical Technology Financial Ratios

P/E ratio-8.81
PEG ratio-0.27
P/B ratio1.74
ROE-18.31%
Payout ratio-36.20%
Current ratio1.66
Quick ratio1.43
Cash Ratio0.19

Thalys Medical Technology Dividend FAQ

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