Yixintang Pharmaceutical Group Co., Ltd., together with its subsidiary, operates a chain of drugstores in China. It also produces and sells medicinal materials, Chinese herbal medicines, and food and health products, as well as engages in the drug distribution activities. As of January 31, 2020, the company operated 7,205 stores in Yunnan, Guizhou, Guangxi, Sichuan, Shanxi, Chongqing, Tianjin, Shanghai, Qiong, and other provinces and municipalities. It also sells products online. The company was formerly known as Yunnan Hongxiang Yixintang Pharmaceutical Co., Ltd. and changed its name to Yixintang Pharmaceutical Group Co., Ltd. in June 2019. Yixintang Pharmaceutical Group Co., Ltd. was founded in 2000 and is headquartered in Kunming, China.
Yixintang Pharmaceutical Dividend Announcement
• Yixintang Pharmaceutical announced a annually dividend of ¥0.40 per ordinary share which will be made payable on 2024-05-30. Ex dividend date: 2024-05-30
• Yixintang Pharmaceutical annual dividend for 2024 was ¥0.40
• Yixintang Pharmaceutical annual dividend for 2023 was ¥0.40
• Yixintang Pharmaceutical's trailing twelve-month (TTM) dividend yield is 2.74%
• Yixintang Pharmaceutical's payout ratio for the trailing twelve months (TTM) is 313.49%
• Yixintang Pharmaceutical's dividend growth over the last five years (2018-2023) was 5.92% year
Yixintang Pharmaceutical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-30 | ¥0.40 | annually | 2024-05-30 |
2023-05-26 | ¥0.40 | annually | 2023-05-26 |
2022-04-29 | ¥0.30 | annually | 2022-04-29 |
2021-04-21 | ¥0.30 | annually | 2021-04-21 |
2020-04-30 | ¥0.30 | annually | 2020-04-30 |
2019-04-03 | ¥0.30 | annually | 2019-04-03 |
2018-06-14 | ¥0.30 | annually | 2018-06-14 |
2017-04-13 | ¥0.20 | annually | 2017-04-13 |
2016-04-13 | ¥0.50 | annually | |
2015-04-09 | ¥0.60 | annually |
Yixintang Pharmaceutical Dividend per year
Yixintang Pharmaceutical Dividend growth
Yixintang Pharmaceutical Dividend Yield
Yixintang Pharmaceutical current trailing twelve-month (TTM) dividend yield is 2.74%. Interested in purchasing Yixintang Pharmaceutical stock? Use our calculator to estimate your expected dividend yield:
Yixintang Pharmaceutical Financial Ratios
Yixintang Pharmaceutical Dividend FAQ
Other factors to consider when evaluating Yixintang 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.
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1. Determination of Dividend: Yixintang 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, Yixintang 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, Yixintang 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 Yixintang 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.
1. Record Date: Yixintang 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, Yixintang 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: Yixintang 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.
To assess the safety of Yixintang 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 Yixintang 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.