Tibet Weixinkang Medicine Co., Ltd. engages in the research and development, production, and sale of pharmaceutical products in China. The company's products include parenteral nutrition vitamins, electrolyte supplements, intravenous iron supplements, antibiotics, and medicine for digestive system and liver diseases. It also offers injection multivitamins, potassium magnesium aspartate for injection, iron sucrose injection, potassium aspartate injection, etc. The company was formerly known as Weixinkang Medicine Youxian Gongsi and changed its name to Tibet Weixinkang Medicine Co., Ltd. in 2015. Tibet Weixinkang Medicine Co., Ltd. was founded in 2006 and is based in Lhasa, China.
Tibet Weixinkang Medicine Dividend Announcement
• Tibet Weixinkang Medicine announced a annually dividend of ¥0.28 per ordinary share which will be made payable on 2024-07-02. Ex dividend date: 2024-07-02 • Tibet Weixinkang Medicine annual dividend for 2024 was ¥0.28 • Tibet Weixinkang Medicine annual dividend for 2023 was ¥0.23 • Tibet Weixinkang Medicine's trailing twelve-month (TTM) dividend yield is 2.84% • Tibet Weixinkang Medicine's payout ratio for the trailing twelve months (TTM) is 44.50% • Tibet Weixinkang Medicine's dividend growth over the last five years (2018-2023) was 24.05% year
Tibet Weixinkang Medicine current trailing twelve-month (TTM) dividend yield is 2.84%. Interested in purchasing Tibet Weixinkang Medicine stock? Use our calculator to estimate your expected dividend yield:
Tibet Weixinkang Medicine Financial Ratios
P/E ratio17.76
PEG ratio-3.89
P/B ratio2.96
ROE17.46%
Payout ratio44.50%
Current ratio3.36
Quick ratio3.27
Cash Ratio0.60
Tibet Weixinkang Medicine Dividend FAQ
How much is the next Tibet Weixinkang Medicine dividend?
Tibet Weixinkang 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 Weixinkang Medicine dividend. The next Tibet Weixinkang Medicine dividend will be released in June.
When is Tibet Weixinkang Medicine dividend paid?
Tibet Weixinkang Medicine pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Weixinkang Medicine pay?
The specific amount of Tibet Weixinkang 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 Weixinkang Medicine's dividend history.
Does Tibet Weixinkang Medicine stock pay dividends?
Yes, Tibet Weixinkang 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 Weixinkang Medicine's dividend history.
How much dividend does Tibet Weixinkang Medicine pay?
Tibet Weixinkang Medicine paid ¥0.285 in 2024, ¥0.235 in 2023, ¥0.16 in 2022, ¥0.095 in 2021, and ¥0.045 in 2020.
How often does Tibet Weixinkang Medicine pay dividends?
Tibet Weixinkang 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 June.
What is Tibet Weixinkang Medicine's dividend yield?
The current dividend yield for Tibet Weixinkang Medicine is 2.84%. 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 Weixinkang Medicine's exact dividend yield.
When does Tibet Weixinkang Medicine go ex dividend?
Tibet Weixinkang Medicine's ex-dividend date for the latest dividend was on 2024-07-02. Tibet Weixinkang 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 Weixinkang Medicine dividend paid?
Tibet Weixinkang Medicine pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Tibet Weixinkang 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 Weixinkang 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 Weixinkang Medicine dividend per share?
Tibet Weixinkang Medicine paid ¥0.285 per share in 2024 and ¥0.235 per share in 2023. The amount of dividend per share that Tibet Weixinkang 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 Weixinkang 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 Weixinkang 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 Weixinkang Medicine a dividend stock?
Yes, Tibet Weixinkang 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 Weixinkang Medicine a good dividend stock?
Whether Tibet Weixinkang 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 Weixinkang Medicine has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Tibet Weixinkang 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 Weixinkang Medicine pay dividends monthly?
Tibet Weixinkang Medicine typically pays dividends on a annually basis.
Does Tibet Weixinkang Medicine pay dividends quarterly?
Tibet Weixinkang Medicine currently pays dividends on a annually basis.
Has Tibet Weixinkang Medicine ever paid a dividend?
Yes, Tibet Weixinkang Medicine has a history of paying dividends to its shareholders. Tibet Weixinkang Medicine is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tibet Weixinkang Medicine dividend stocks?
To buy Tibet Weixinkang 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 Weixinkang 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 Weixinkang Medicine pay dividends 2024?
Tibet Weixinkang Medicine pays dividends on a annually basis. 2024 dividend payments are in 2024-07-02. 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 Weixinkang Medicine increase its dividend in 2024?
Decisions regarding Tibet Weixinkang 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 Weixinkang Medicine dividend overview you can look into the above table of dividend history.
How Tibet Weixinkang Medicine dividend works?
The Tibet Weixinkang 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 Weixinkang Medicine's dividend process works:
1. Determination of Dividend: Tibet Weixinkang 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 Weixinkang 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 Weixinkang 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 Weixinkang 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 Weixinkang Medicine dividends paid?
Tibet Weixinkang Medicine dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Tibet Weixinkang 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 Weixinkang 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 Weixinkang 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 Weixinkang Medicine pay dividends?
Tibet Weixinkang 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 Weixinkang Medicine pay dividends?
The general pattern is that Tibet Weixinkang Medicine pays dividends around June. 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 Weixinkang Medicine dividend safe?
The safety of Tibet Weixinkang 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 Weixinkang 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 Weixinkang 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.