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Zhejiang Medicine Co., Ltd. produces and sells life nutrition and pharmaceutical products in China. The company offers life nutrition products, such as synthetic vitamin E, vitamin A, natural vitamin E, vitamin H, vitamin D3, coenzyme Q10, carotene, cantharidin, lutein, lycopene, and other vitamins and vitamin products. It also provides pharmaceutical manufacturing products, including anti-drug resistant antibiotics, anti-malaria and other pharmaceutical raw materials, quinolones, and anti-drug resistant products; and pharmaceutical products comprising sugars and hormones. The company was founded in 1997 and is headquartered in Shaoxing, China.

Zhejiang Medicine Dividend Announcement

Zhejiang Medicine announced a annually dividend of ¥0.15 per ordinary share which will be made payable on 2024-07-10. Ex dividend date: 2024-07-10
Zhejiang Medicine annual dividend for 2024 was ¥0.15
Zhejiang Medicine annual dividend for 2023 was ¥0.17
Zhejiang Medicine's trailing twelve-month (TTM) dividend yield is 0.94%
Zhejiang Medicine's payout ratio for the trailing twelve months (TTM) is 17.48%
Zhejiang Medicine's dividend growth over the last five years (2018-2023) was 16.27% year
Zhejiang Medicine's dividend growth over the last ten years (2013-2023) was -10.23% year

Zhejiang Medicine Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-10¥0.15annually2024-07-10
2023-07-11¥0.17annually2023-07-11
2022-07-06¥0.33annually2022-07-06
2021-07-16¥0.23annually2021-07-16
2020-06-29¥1.00annually2020-06-29
2019-06-27¥0.15annually2019-06-27
2018-07-19¥0.08annually2018-07-19
2017-07-19¥0.14annually2017-07-19
2016-07-18¥0.05annually
2015-07-23¥0.06annually
2014-05-26¥0.15annually
2013-06-17¥0.50annually

Zhejiang Medicine Dividend per year

Zhejiang Medicine Dividend growth

Zhejiang Medicine Dividend Yield

Zhejiang Medicine current trailing twelve-month (TTM) dividend yield is 0.94%. Interested in purchasing Zhejiang Medicine stock? Use our calculator to estimate your expected dividend yield:

Zhejiang Medicine Financial Ratios

P/E ratio15.64
PEG ratio3.04
P/B ratio1.48
ROE9.86%
Payout ratio17.48%
Current ratio2.61
Quick ratio1.78
Cash Ratio0.69

Zhejiang Medicine Dividend FAQ

How much is the next Zhejiang Medicine dividend?
Zhejiang Medicine's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Zhejiang Medicine dividend. The next Zhejiang Medicine dividend will be released in July.
When is Zhejiang Medicine dividend paid?
Zhejiang Medicine pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Zhejiang Medicine pay?
The specific amount of Zhejiang Medicine 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 Zhejiang Medicine's dividend history.
Does Zhejiang Medicine stock pay dividends?
Yes, Zhejiang Medicine 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 Zhejiang Medicine's dividend history.
How much dividend does Zhejiang Medicine pay?
Zhejiang Medicine paid ¥0.15 in 2024, ¥0.17 in 2023, ¥0.33 in 2022, ¥0.23 in 2021, and ¥1.0 in 2020.
How often does Zhejiang Medicine pay dividends?
Zhejiang Medicine 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 July.
What is Zhejiang Medicine's dividend yield?
The current dividend yield for Zhejiang Medicine is 0.94%. 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 Zhejiang Medicine's exact dividend yield.
When does Zhejiang Medicine go ex dividend?
Zhejiang Medicine's ex-dividend date for the latest dividend was on 2024-07-10. Zhejiang Medicine 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 Zhejiang Medicine dividend paid?
Zhejiang Medicine pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Zhejiang Medicine 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 Zhejiang Medicine 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 Zhejiang Medicine dividend per share?
Zhejiang Medicine paid ¥0.15 per share in 2024 and ¥0.17 per share in 2023. The amount of dividend per share that Zhejiang Medicine 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 Zhejiang Medicine 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 Zhejiang Medicine 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 Zhejiang Medicine a dividend stock?
Yes, Zhejiang Medicine is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Zhejiang Medicine a good dividend stock?
Whether Zhejiang Medicine is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Zhejiang Medicine has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Zhejiang Medicine 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 Zhejiang Medicine pay dividends monthly?
Zhejiang Medicine typically pays dividends on a annually basis.
Does Zhejiang Medicine pay dividends quarterly?
Zhejiang Medicine currently pays dividends on a annually basis.
Has Zhejiang Medicine ever paid a dividend?
Yes, Zhejiang Medicine has a history of paying dividends to its shareholders. Zhejiang Medicine is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Zhejiang Medicine dividend stocks?
To buy Zhejiang Medicine 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 Zhejiang Medicine 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 Zhejiang Medicine pay dividends 2024?
Zhejiang Medicine pays dividends on a annually basis. 2024 dividend payments are in 2024-07-10. 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 Zhejiang Medicine increase its dividend in 2024?
Decisions regarding Zhejiang Medicine 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 Zhejiang Medicine dividend overview you can look into the above table of dividend history.
How Zhejiang Medicine dividend works?
The Zhejiang Medicine 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 Zhejiang Medicine's dividend process works:

1. Determination of Dividend: Zhejiang Medicine'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, Zhejiang Medicine 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, Zhejiang Medicine 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 Zhejiang Medicine 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 Zhejiang Medicine dividends paid?
Zhejiang Medicine dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Zhejiang Medicine 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, Zhejiang Medicine distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Zhejiang Medicine 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 Zhejiang Medicine pay dividends?
Zhejiang Medicine 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 Zhejiang Medicine pay dividends?
The general pattern is that Zhejiang Medicine pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Zhejiang Medicine dividend safe?
The safety of Zhejiang Medicine'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 Zhejiang Medicine'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 Zhejiang Medicine'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.