Tibet Cheezheng Tibetan Medicine Co., Ltd. together with its subsidiaries, engages in the research, development, production, and sale of Tibetan medicine in China. It provides drug products in the areas of cardiovascular, respiratory, digestive, urinary and reproductive system, nervous system, musculoskeletal system, and gynecological disorders. The company was founded in 1995 and is based in Nyingchi, China. Tibet Cheezheng Tibetan Medicine Co., Ltd. operates as a subsidiary of Gansu Qizheng Industry Group Co., Ltd.
Tibet Cheezheng Tibetan Medicine Dividend Announcement
• Tibet Cheezheng Tibetan Medicine announced a annually dividend of ¥0.48 per ordinary share which will be made payable on 2024-07-04. Ex dividend date: 2024-07-04 • Tibet Cheezheng Tibetan Medicine annual dividend for 2024 was ¥0.48 • Tibet Cheezheng Tibetan Medicine annual dividend for 2023 was ¥0.39 • Tibet Cheezheng Tibetan Medicine's trailing twelve-month (TTM) dividend yield is 2.0% • Tibet Cheezheng Tibetan Medicine's payout ratio for the trailing twelve months (TTM) is 81.86% • Tibet Cheezheng Tibetan Medicine's dividend growth over the last five years (2018-2023) was 4.31% year • Tibet Cheezheng Tibetan Medicine's dividend growth over the last ten years (2013-2023) was 5.03% year
Tibet Cheezheng Tibetan Medicine Dividend per year
Tibet Cheezheng Tibetan Medicine Dividend growth
Tibet Cheezheng Tibetan Medicine Dividend Yield
Tibet Cheezheng Tibetan Medicine current trailing twelve-month (TTM) dividend yield is 2.0%. Interested in purchasing Tibet Cheezheng Tibetan Medicine stock? Use our calculator to estimate your expected dividend yield:
Tibet Cheezheng Tibetan Medicine Financial Ratios
P/E ratio21.42
PEG ratio-2.30
P/B ratio3.30
ROE15.64%
Payout ratio81.86%
Current ratio3.16
Quick ratio3.02
Cash Ratio0.23
Tibet Cheezheng Tibetan Medicine Dividend FAQ
How much is the next Tibet Cheezheng Tibetan Medicine dividend?
Tibet Cheezheng Tibetan Medicine's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Tibet Cheezheng Tibetan Medicine dividend. The next Tibet Cheezheng Tibetan Medicine dividend will be released in July.
When is Tibet Cheezheng Tibetan Medicine dividend paid?
Tibet Cheezheng Tibetan Medicine pays dividends on a annually basis. The specific dates may vary each year but are generally around July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Tibet Cheezheng Tibetan Medicine pay?
The specific amount of Tibet Cheezheng Tibetan Medicine dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Tibet Cheezheng Tibetan Medicine's dividend history.
Does Tibet Cheezheng Tibetan Medicine stock pay dividends?
Yes, Tibet Cheezheng Tibetan Medicine does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Tibet Cheezheng Tibetan Medicine's dividend history.
How much dividend does Tibet Cheezheng Tibetan Medicine pay?
Tibet Cheezheng Tibetan Medicine paid ¥0.48 in 2024, ¥0.39 in 2023, ¥0.59 in 2022, ¥0.34 in 2021, and ¥0.35 in 2020.
How often does Tibet Cheezheng Tibetan Medicine pay dividends?
Tibet Cheezheng Tibetan Medicine typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around July.
What is Tibet Cheezheng Tibetan Medicine's dividend yield?
The current dividend yield for Tibet Cheezheng Tibetan Medicine is 2.0%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Tibet Cheezheng Tibetan Medicine's exact dividend yield.
When does Tibet Cheezheng Tibetan Medicine go ex dividend?
Tibet Cheezheng Tibetan Medicine's ex-dividend date for the latest dividend was on 2024-07-04. Tibet Cheezheng Tibetan Medicine typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Tibet Cheezheng Tibetan Medicine dividend paid?
Tibet Cheezheng Tibetan Medicine pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Tibet Cheezheng Tibetan Medicine increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Tibet Cheezheng Tibetan Medicine will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Tibet Cheezheng Tibetan Medicine dividend per share?
Tibet Cheezheng Tibetan Medicine paid ¥0.48 per share in 2024 and ¥0.39 per share in 2023. The amount of dividend per share that Tibet Cheezheng Tibetan Medicine pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Tibet Cheezheng Tibetan Medicine a dividend aristocrat?
No, 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 Tibet Cheezheng Tibetan Medicine a dividend king?
No, 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 Tibet Cheezheng Tibetan Medicine a dividend stock?
Yes, Tibet Cheezheng Tibetan Medicine is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Tibet Cheezheng Tibetan Medicine a good dividend stock?
Whether Tibet Cheezheng Tibetan Medicine is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Tibet Cheezheng Tibetan Medicine has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Tibet Cheezheng Tibetan Medicine 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.
Does Tibet Cheezheng Tibetan Medicine pay dividends monthly?
Tibet Cheezheng Tibetan Medicine typically pays dividends on a annually basis.
Does Tibet Cheezheng Tibetan Medicine pay dividends quarterly?
Tibet Cheezheng Tibetan Medicine currently pays dividends on a annually basis.
Has Tibet Cheezheng Tibetan Medicine ever paid a dividend?
Yes, Tibet Cheezheng Tibetan Medicine has a history of paying dividends to its shareholders. Tibet Cheezheng Tibetan Medicine is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tibet Cheezheng Tibetan Medicine dividend stocks?
To buy Tibet Cheezheng Tibetan Medicine 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Tibet Cheezheng Tibetan Medicine 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.
When does Tibet Cheezheng Tibetan Medicine pay dividends 2024?
Tibet Cheezheng Tibetan Medicine pays dividends on a annually basis. 2024 dividend payments are in 2024-07-04. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Tibet Cheezheng Tibetan Medicine increase its dividend in 2024?
Decisions regarding Tibet Cheezheng Tibetan Medicine dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Tibet Cheezheng Tibetan Medicine dividend overview you can look into the above table of dividend history.
How Tibet Cheezheng Tibetan Medicine dividend works?
The Tibet Cheezheng Tibetan Medicine dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Tibet Cheezheng Tibetan Medicine's dividend process works:
1. Determination of Dividend: Tibet Cheezheng Tibetan Medicine'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, Tibet Cheezheng Tibetan Medicine 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, Tibet Cheezheng Tibetan Medicine 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 Tibet Cheezheng Tibetan Medicine 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.
How are Tibet Cheezheng Tibetan Medicine dividends paid?
Tibet Cheezheng Tibetan Medicine dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Tibet Cheezheng Tibetan Medicine 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, Tibet Cheezheng Tibetan Medicine distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tibet Cheezheng Tibetan Medicine 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.
How many times does Tibet Cheezheng Tibetan Medicine pay dividends?
Tibet Cheezheng Tibetan Medicine typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Tibet Cheezheng Tibetan Medicine pay dividends?
The general pattern is that Tibet Cheezheng Tibetan Medicine pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Tibet Cheezheng Tibetan Medicine dividend safe?
The safety of Tibet Cheezheng Tibetan Medicine's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Tibet Cheezheng Tibetan Medicine'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 Tibet Cheezheng Tibetan Medicine'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.