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Zhejiang Wecome Pharmaceutical Company Limited engages in the research and development, production, and sale of pharmaceutical products. The company also offers healthcare products, over-the-counter products, and Chinese medicines. It offers products in various forms, including hard capsules, tablets, granules, soft capsules, pills, and other dosage forms. The company was formerly known as Zhejiang Weikang Pharmaceutical Co., Ltd. Zhejiang Wecome Pharmaceutical Company Limited was founded in 2000 and is based in Lishui, China.

Zhejiang Wecome Pharmaceutical Dividend Announcement

Zhejiang Wecome Pharmaceutical announced a annually dividend of ¥0.25 per ordinary share which will be made payable on 2024-05-29. Ex dividend date: 2024-05-29
Zhejiang Wecome Pharmaceutical annual dividend for 2024 was ¥0.25
Zhejiang Wecome Pharmaceutical's trailing twelve-month (TTM) dividend yield is 1.33%
Zhejiang Wecome Pharmaceutical's payout ratio for the trailing twelve months (TTM) is -133.78%

Zhejiang Wecome Pharmaceutical Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-29¥0.25annually2024-05-29
2022-06-17¥0.97annually2022-06-17
2021-05-31¥1.00annually2021-05-31

Zhejiang Wecome Pharmaceutical Dividend per year

Zhejiang Wecome Pharmaceutical Dividend Yield

Zhejiang Wecome Pharmaceutical current trailing twelve-month (TTM) dividend yield is 1.33%. Interested in purchasing Zhejiang Wecome Pharmaceutical stock? Use our calculator to estimate your expected dividend yield:

Zhejiang Wecome Pharmaceutical Financial Ratios

P/E ratio-79.83
PEG ratio46.65
P/B ratio1.97
ROE-2.46%
Payout ratio-133.78%
Current ratio5.16
Quick ratio4.45
Cash Ratio2.12

Zhejiang Wecome Pharmaceutical Dividend FAQ

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