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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-22 | HK$0.03 | annually | 2024-09-06 |
2014-07-21 | HK$0.00 | annually | |
2013-08-27 | HK$0.00 | annually | |
2011-08-03 | HK$0.00 | annually |
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
Wai Yuen Tong Medicine 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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