company-logo

Wai Yuen Tong Medicine Holdings Limited, an investment holding company, manufactures, processes, and retails traditional Chinese medicines, Western pharmaceutical products, and health food and personal products in Hong Kong, Mainland China, Macau, and internationally. The company offers Chinese medicines and health food products under the Wai Yuen Tong brand name; and Western pharmaceutical and personal care products under the Madame Pearl's and Pearl's brands. It also engages in the investment, holding, and selling of properties; provision of financial services; and agricultural produce exchange market operation. As of March 31, 2022, the company operated 63 retail stores in Hong Kong. The company was founded in 1897 and is headquartered in Kowloon Bay, Hong Kong. Wai Yuen Tong Medicine Holdings Limited is a subsidiary of Rich Time Strategy Limited.

Wai Yuen Tong Medicine Dividend Announcement

Wai Yuen Tong Medicine announced a annually dividend of HK$0.03 per ordinary share which will be made payable on 2024-09-06. Ex dividend date: 2024-08-22
Wai Yuen Tong Medicine annual dividend for 2024 was HK$0.03
Wai Yuen Tong Medicine's trailing twelve-month (TTM) dividend yield is 13.64%

Wai Yuen Tong Medicine Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-22HK$0.03annually2024-09-06
2014-07-21HK$0.00annually
2013-08-27HK$0.00annually
2011-08-03HK$0.00annually

Wai Yuen Tong Medicine Dividend per year

Wai Yuen Tong Medicine Dividend Yield

Wai Yuen Tong Medicine current trailing twelve-month (TTM) dividend yield is 13.64%. Interested in purchasing Wai Yuen Tong Medicine stock? Use our calculator to estimate your expected dividend yield:

Wai Yuen Tong Medicine Financial Ratios

P/E ratio-16.78
PEG ratio0.18
P/B ratio0.19
ROE-0.85%
Payout ratio0.00%
Current ratio2.18
Quick ratio1.37
Cash Ratio0.41

Wai Yuen Tong Medicine Dividend FAQ

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

Place an order: Use the brokerage's trading platform to place an order to buy Wai Yuen Tong 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.