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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-29 | ¥0.25 | annually | 2024-05-29 |
2022-06-17 | ¥0.97 | annually | 2022-06-17 |
2021-05-31 | ¥1.00 | annually | 2021-05-31 |
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
Zhejiang Wecome Pharmaceutical Dividend FAQ
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.
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