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Tiansheng Pharmaceutical Group Co., Ltd. engages in the pharmaceutical manufacturing and circulation activities. It offers products in various categories, including respiratory, digestive, cardiovascular and cerebrovascular, pediatric, gynecological, orthopedic, tumor, hepatobiliary, blood, surgery, diabetes, and others. The company was founded in 2001 and is based in Chongqing, China.

Tiansheng Pharmaceutical Dividend Announcement

Tiansheng Pharmaceutical announced a annually dividend of ¥0.24 per ordinary share which will be made payable on 2018-08-22. Ex dividend date: 2018-08-22
Tiansheng Pharmaceutical's trailing twelve-month (TTM) dividend yield is -%
Tiansheng Pharmaceutical's payout ratio for the trailing twelve months (TTM) is -24.21%

Tiansheng Pharmaceutical Dividend History

Ex-Div dateDividend amountDividend typePay date
2018-08-22¥0.24annually2018-08-22

Tiansheng Pharmaceutical Dividend per year

Tiansheng Pharmaceutical Dividend Yield

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

Tiansheng Pharmaceutical Financial Ratios

P/E ratio-31.60
PEG ratio-0.31
P/B ratio0.73
ROE-2.30%
Payout ratio-24.21%
Current ratio1.67
Quick ratio1.38
Cash Ratio0.58

Tiansheng Pharmaceutical Dividend FAQ

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