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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-10 | ¥0.15 | annually | 2024-07-10 |
2023-07-11 | ¥0.17 | annually | 2023-07-11 |
2022-07-06 | ¥0.33 | annually | 2022-07-06 |
2021-07-16 | ¥0.23 | annually | 2021-07-16 |
2020-06-29 | ¥1.00 | annually | 2020-06-29 |
2019-06-27 | ¥0.15 | annually | 2019-06-27 |
2018-07-19 | ¥0.08 | annually | 2018-07-19 |
2017-07-19 | ¥0.14 | annually | 2017-07-19 |
2016-07-18 | ¥0.05 | annually | |
2015-07-23 | ¥0.06 | annually | |
2014-05-26 | ¥0.15 | annually | |
2013-06-17 | ¥0.50 | annually |
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
Zhejiang Medicine Dividend FAQ
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.
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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.
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.
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.