company-logo

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 dateDividend amountDividend typePay date
2001-05-25¥0.70annually

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

P/E ratio293.42
PEG ratio0.14
P/B ratio6.55
ROE2.25%
Payout ratio161.07%
Current ratio1.92
Quick ratio1.28
Cash Ratio0.44

Tonghua Golden-Horse Pharmaceutical Industry Co Dividend FAQ

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