Tonghua Golden-Horse Pharmaceutical Industry Co., Ltd. engages in the research, development, manufacture, and sale of pharmaceutical products in China. Its products primarily focus on the rheumatism, digestion, cancer, and gynecology fields. The company offers traditional Chinese medicines, such as gynecological, rheumatic and bone pain, urology, detoxification, cardio-cerebral, digestive, respiratory, diabetes, and pediatric medication products, as well as anti-tumor drugs, prescription and OTC drugs, and Western medicines. The company offers its products in the form of capsules, tablets, injections, liquids, etc. Tonghua Golden-Horse Pharmaceutical Industry Co., Ltd. was founded in 1990 and is based in Tonghua, China.
Tonghua Golden-Horse Pharmaceutical Industry Co Dividend Announcement
• Tonghua Golden-Horse Pharmaceutical Industry Co announced a annually dividend of ¥0.70 per ordinary share which will be made payable on . Ex dividend date: 2001-05-25
• Tonghua Golden-Horse Pharmaceutical Industry Co's trailing twelve-month (TTM) dividend yield is -%
• Tonghua Golden-Horse Pharmaceutical Industry Co's payout ratio for the trailing twelve months (TTM) is 161.07%
Tonghua Golden-Horse Pharmaceutical Industry Co Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2001-05-25 | ¥0.70 | annually |
Tonghua Golden-Horse Pharmaceutical Industry Co Dividend per year
Tonghua Golden-Horse Pharmaceutical Industry Co Dividend Yield
Tonghua Golden-Horse Pharmaceutical Industry Co current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Tonghua Golden-Horse Pharmaceutical Industry Co stock? Use our calculator to estimate your expected dividend yield:
Tonghua Golden-Horse Pharmaceutical Industry Co Financial Ratios
Tonghua Golden-Horse Pharmaceutical Industry Co Dividend FAQ
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.
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