Wanbangde Pharmaceutical Holding Group Co., Ltd. engages in the research, development, production, and sale of Chinese medicines, APIs, and preparations. It also develops medical devices, including orthopaedic implant devices, medical equipment, and protective equipment, as well as disposable bacteria medical polymer consumables; and provides hospital engineering services. The company was formerly known as Wanbangde New Building Materials Co., Ltd. and changed its name to Wanbangde Pharmaceutical Holding Group Co., Ltd. in April 2020. Wanbangde Pharmaceutical Holding Group Co., Ltd. was founded in 1985 and is based in Taizhou, China.
Wanbangde Pharmaceutical Dividend Announcement
• Wanbangde Pharmaceutical announced a annually dividend of ¥0.08 per ordinary share which will be made payable on 2024-07-11. Ex dividend date: 2024-07-11 • Wanbangde Pharmaceutical annual dividend for 2024 was ¥0.08 • Wanbangde Pharmaceutical annual dividend for 2023 was ¥0.12 • Wanbangde Pharmaceutical's trailing twelve-month (TTM) dividend yield is 1.32% • Wanbangde Pharmaceutical's payout ratio for the trailing twelve months (TTM) is 151.74%
Wanbangde Pharmaceutical current trailing twelve-month (TTM) dividend yield is 1.32%. Interested in purchasing Wanbangde Pharmaceutical stock? Use our calculator to estimate your expected dividend yield:
Wanbangde Pharmaceutical Financial Ratios
P/E ratio36.08
PEG ratio-0.94
P/B ratio1.38
ROE3.81%
Payout ratio151.74%
Current ratio1.35
Quick ratio1.12
Cash Ratio0.07
Wanbangde Pharmaceutical Dividend FAQ
How much is the next Wanbangde Pharmaceutical dividend?
Wanbangde Pharmaceutical's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Wanbangde Pharmaceutical dividend. The next Wanbangde Pharmaceutical dividend will be released in June.
When is Wanbangde Pharmaceutical dividend paid?
Wanbangde Pharmaceutical 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 Wanbangde Pharmaceutical pay?
The specific amount of Wanbangde Pharmaceutical 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 Wanbangde Pharmaceutical's dividend history.
Does Wanbangde Pharmaceutical stock pay dividends?
Yes, Wanbangde Pharmaceutical 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 Wanbangde Pharmaceutical's dividend history.
How much dividend does Wanbangde Pharmaceutical pay?
Wanbangde Pharmaceutical paid ¥0.08 in 2024, ¥0.12 in 2023, ¥0.0 in 2022, ¥0.2 in 2021, and ¥0.15 in 2020.
How often does Wanbangde Pharmaceutical pay dividends?
Wanbangde Pharmaceutical 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 Wanbangde Pharmaceutical's dividend yield?
The current dividend yield for Wanbangde Pharmaceutical is 1.32%. 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 Wanbangde Pharmaceutical's exact dividend yield.
When does Wanbangde Pharmaceutical go ex dividend?
Wanbangde Pharmaceutical's ex-dividend date for the latest dividend was on 2024-07-11. Wanbangde Pharmaceutical 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 Wanbangde Pharmaceutical dividend paid?
Wanbangde Pharmaceutical pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Wanbangde Pharmaceutical 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 Wanbangde Pharmaceutical 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 Wanbangde Pharmaceutical dividend per share?
Wanbangde Pharmaceutical paid ¥0.08 per share in 2024 and ¥0.12 per share in 2023. The amount of dividend per share that Wanbangde Pharmaceutical 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 Wanbangde Pharmaceutical 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 Wanbangde Pharmaceutical 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 Wanbangde Pharmaceutical a dividend stock?
Yes, Wanbangde Pharmaceutical is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Wanbangde Pharmaceutical a good dividend stock?
Whether Wanbangde Pharmaceutical is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Wanbangde Pharmaceutical has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Wanbangde Pharmaceutical 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 Wanbangde Pharmaceutical pay dividends monthly?
Wanbangde Pharmaceutical typically pays dividends on a annually basis.
Does Wanbangde Pharmaceutical pay dividends quarterly?
Wanbangde Pharmaceutical currently pays dividends on a annually basis.
Has Wanbangde Pharmaceutical ever paid a dividend?
Yes, Wanbangde Pharmaceutical has a history of paying dividends to its shareholders. Wanbangde Pharmaceutical is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Wanbangde Pharmaceutical dividend stocks?
To buy Wanbangde Pharmaceutical 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 Wanbangde Pharmaceutical 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 Wanbangde Pharmaceutical pay dividends 2024?
Wanbangde Pharmaceutical pays dividends on a annually basis. 2024 dividend payments are in 2024-07-11. 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 Wanbangde Pharmaceutical increase its dividend in 2024?
Decisions regarding Wanbangde Pharmaceutical 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 Wanbangde Pharmaceutical dividend overview you can look into the above table of dividend history.
How Wanbangde Pharmaceutical dividend works?
The Wanbangde Pharmaceutical 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 Wanbangde Pharmaceutical's dividend process works:
1. Determination of Dividend: Wanbangde Pharmaceutical'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, Wanbangde Pharmaceutical 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, Wanbangde Pharmaceutical 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 Wanbangde Pharmaceutical 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 Wanbangde Pharmaceutical dividends paid?
Wanbangde Pharmaceutical dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Wanbangde Pharmaceutical 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, Wanbangde Pharmaceutical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Wanbangde Pharmaceutical 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 Wanbangde Pharmaceutical pay dividends?
Wanbangde Pharmaceutical 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 Wanbangde Pharmaceutical pay dividends?
The general pattern is that Wanbangde Pharmaceutical 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 Wanbangde Pharmaceutical dividend safe?
The safety of Wanbangde Pharmaceutical'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 Wanbangde Pharmaceutical'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 Wanbangde Pharmaceutical'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.