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Yantai Zhenghai Biotechnology Co., Ltd. engages in the research and development, production, and marketing of regenerative medical materials in China. It offers bone repair material, a partially deproteinised bone prepared from cancellous bones of calves after a series of treatment, such as decellularization and degreasing; oral cavity repair membrane line of products, which are used to treat defects of shallow oral cavity's soft tissue; and bio-membrane line of products that are used in neurosurgery to repair cerebral dura mater defect under the Heal-All brand name. The company also provides skin repair membrane line of products to repair wounds in dermal layer under the Heal-Full brand name. Yantai Zhenghai Biotechnology Co., Ltd. was founded in 2003 and is based in Yantai, China.

Yantai Zhenghai Biotechnology Dividend Announcement

• Yantai Zhenghai Biotechnology announced a annually dividend of ¥0.80 per ordinary share which will be made payable on 2024-06-14. Ex dividend date: 2024-06-14
• Yantai Zhenghai Biotechnology annual dividend for 2024 was ¥0.80
• Yantai Zhenghai Biotechnology annual dividend for 2023 was ¥0.60
• Yantai Zhenghai Biotechnology's trailing twelve-month (TTM) dividend yield is 3.31%
• Yantai Zhenghai Biotechnology's payout ratio for the trailing twelve months (TTM) is 85.88%
• Yantai Zhenghai Biotechnology's dividend growth over the last five years (2018-2023) was 3.71% year

Yantai Zhenghai Biotechnology Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-14¥0.80annually2024-06-14
2023-05-30¥0.60annually
2022-05-19¥1.32annually
2021-05-20¥0.25annually
2020-06-05¥0.75annually
2019-05-15¥0.60annually
2018-05-15¥0.50annually

Yantai Zhenghai Biotechnology Dividend per year

Yantai Zhenghai Biotechnology Dividend growth

Yantai Zhenghai Biotechnology Dividend Yield

Yantai Zhenghai Biotechnology current trailing twelve-month (TTM) dividend yield is 3.31%. Interested in purchasing Yantai Zhenghai Biotechnology stock? Use our calculator to estimate your expected dividend yield:

Yantai Zhenghai Biotechnology Financial Ratios

P/E ratio26.03
PEG ratio4.54
P/B ratio4.88
ROE18.10%
Payout ratio85.88%
Current ratio9.93
Quick ratio9.44
Cash Ratio2.04

Yantai Zhenghai Biotechnology Dividend FAQ

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