WuXi AppTec Co., Ltd., an investment holding company, provides research, development, and manufacturing services to discover, develop, and manufacture small molecule drugs, and cell and gene therapies in the People's Republic of China, rest of Asia, the United States, Europe, and internationally. The company operates through six segments: WuXi Chemistry, WuXi Testing, WuXi Biology, WuXi ATU, WuXi DDSU, and Others. It offers contract research, development, and manufacturing organization services for new drug development from discovery to commercial covering various categories for various synthetic molecular modalities, including small molecules, oligonucleotides, peptides, and complex conjugates; and biology services and solutions that support stand-alone and integrated projects from target discovery to candidate selection and into the clinic. The company also provides seamless drug and medical device testing services from preclinical testing to clinical trials; an integrated end-to-end solution to accelerate time to market for cell and gene therapies; drug discovery services to pharmaceutical and biotech customers; and clinical research services. WuXi AppTec Co., Ltd. was founded in 2000 and is headquartered in Shanghai, the People's Republic of China.
WuXi AppTec Dividend Announcement
• WuXi AppTec announced a annually dividend of $0.14 per ordinary share which will be made payable on 2024-07-19. Ex dividend date: 2024-06-18
• WuXi AppTec annual dividend for 2024 was $0.14
• WuXi AppTec annual dividend for 2023 was $0.13
• WuXi AppTec's trailing twelve-month (TTM) dividend yield is 1.73%
• WuXi AppTec's payout ratio for the trailing twelve months (TTM) is 41.35%
WuXi AppTec Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-18 | $0.14 | annually | 2024-07-19 |
2023-06-05 | $0.13 | annually | 2023-11-02 |
2022-05-27 | $0.08 | annually | 2022-07-01 |
2021-05-27 | $0.07 | annually | 2021-07-02 |
WuXi AppTec Dividend per year
WuXi AppTec Dividend growth
WuXi AppTec Dividend Yield
WuXi AppTec current trailing twelve-month (TTM) dividend yield is 1.73%. Interested in purchasing WuXi AppTec stock? Use our calculator to estimate your expected dividend yield:
WuXi AppTec Financial Ratios
WuXi AppTec Dividend FAQ
Other factors to consider when evaluating WuXi AppTec 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.
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1. Determination of Dividend: WuXi AppTec'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, WuXi AppTec 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, WuXi AppTec 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 WuXi AppTec 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.
1. Record Date: WuXi AppTec 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, WuXi AppTec distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: WuXi AppTec 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.
To assess the safety of WuXi AppTec'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 WuXi AppTec'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.