Zhejiang Xinguang Pharmaceutical Co., Ltd. engages in the research and development, production, and sales of Chinese patent medicines, chemical medicines, and health foods. The company offers pharmaceutical products in the areas of cardiovascular and cerebrovascular diseases, and traumatic diseases, covering the aspects of respiratory system, digestive system, urinary system, pediatric diseases, and improving immunity. It also can produce 6 dosage forms with 49 approval numbers for drug production and 2 approval numbers for health food. It offers its products in the form of tablets, granules, syrups, powders, hard capsules, and oral solutions, as well as mixtures, including oral liquids. Zhejiang Xinguang Pharmaceutical Co., Ltd. was founded in 1970 and is headquartered in Shengzhou, China.
• Zhejiang Xinguang Pharmaceutical announced a annually dividend of ¥0.40 per ordinary share which will be made payable on 2024-05-29. Ex dividend date: 2024-05-29 • Zhejiang Xinguang Pharmaceutical annual dividend for 2024 was ¥0.40 • Zhejiang Xinguang Pharmaceutical annual dividend for 2023 was ¥0.50 • Zhejiang Xinguang Pharmaceutical's trailing twelve-month (TTM) dividend yield is 2.8% • Zhejiang Xinguang Pharmaceutical's dividend growth over the last five years (2018-2023) was 14.87% year
Zhejiang Xinguang Pharmaceutical Dividend per year
Zhejiang Xinguang Pharmaceutical Dividend growth
Zhejiang Xinguang Pharmaceutical Dividend Yield
Zhejiang Xinguang Pharmaceutical current trailing twelve-month (TTM) dividend yield is 2.8%. Interested in purchasing Zhejiang Xinguang Pharmaceutical stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Xinguang Pharmaceutical Financial Ratios
P/E ratio52.49
PEG ratio1.20
P/B ratio2.79
ROE5.21%
Payout ratio0.00%
Current ratio11.50
Quick ratio10.56
Cash Ratio6.48
Zhejiang Xinguang Pharmaceutical Dividend FAQ
How much is the next Zhejiang Xinguang Pharmaceutical dividend?
Zhejiang Xinguang Pharmaceutical'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 Xinguang Pharmaceutical dividend. The next Zhejiang Xinguang Pharmaceutical dividend will be released in May.
When is Zhejiang Xinguang Pharmaceutical dividend paid?
Zhejiang Xinguang Pharmaceutical pays dividends on a annually basis. The specific dates may vary each year but are generally around May. 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 Xinguang Pharmaceutical pay?
The specific amount of Zhejiang Xinguang Pharmaceutical 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 Xinguang Pharmaceutical's dividend history.
Does Zhejiang Xinguang Pharmaceutical stock pay dividends?
Yes, Zhejiang Xinguang Pharmaceutical 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 Xinguang Pharmaceutical's dividend history.
How much dividend does Zhejiang Xinguang Pharmaceutical pay?
Zhejiang Xinguang Pharmaceutical paid ¥0.4 in 2024, ¥0.5 in 2023, ¥0.6 in 2022, ¥0.6 in 2021, and ¥0.45 in 2020.
How often does Zhejiang Xinguang Pharmaceutical pay dividends?
Zhejiang Xinguang Pharmaceutical 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 May.
What is Zhejiang Xinguang Pharmaceutical's dividend yield?
The current dividend yield for Zhejiang Xinguang Pharmaceutical is 2.8%. 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 Xinguang Pharmaceutical's exact dividend yield.
When does Zhejiang Xinguang Pharmaceutical go ex dividend?
Zhejiang Xinguang Pharmaceutical's ex-dividend date for the latest dividend was on 2024-05-29. Zhejiang Xinguang Pharmaceutical 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 Xinguang Pharmaceutical dividend paid?
Zhejiang Xinguang Pharmaceutical pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Zhejiang Xinguang Pharmaceutical 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 Xinguang Pharmaceutical 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 Xinguang Pharmaceutical dividend per share?
Zhejiang Xinguang Pharmaceutical paid ¥0.4 per share in 2024 and ¥0.5 per share in 2023. The amount of dividend per share that Zhejiang Xinguang Pharmaceutical 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 Xinguang Pharmaceutical 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 Xinguang Pharmaceutical 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 Xinguang Pharmaceutical a dividend stock?
Yes, Zhejiang Xinguang Pharmaceutical is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Zhejiang Xinguang Pharmaceutical a good dividend stock?
Whether Zhejiang Xinguang Pharmaceutical 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 Xinguang Pharmaceutical has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Zhejiang Xinguang 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.
Does Zhejiang Xinguang Pharmaceutical pay dividends monthly?
Zhejiang Xinguang Pharmaceutical typically pays dividends on a annually basis.
Does Zhejiang Xinguang Pharmaceutical pay dividends quarterly?
Zhejiang Xinguang Pharmaceutical currently pays dividends on a annually basis.
Has Zhejiang Xinguang Pharmaceutical ever paid a dividend?
Yes, Zhejiang Xinguang Pharmaceutical has a history of paying dividends to its shareholders. Zhejiang Xinguang Pharmaceutical is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Zhejiang Xinguang Pharmaceutical dividend stocks?
To buy Zhejiang Xinguang 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, 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 Xinguang 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.
When does Zhejiang Xinguang Pharmaceutical pay dividends 2024?
Zhejiang Xinguang Pharmaceutical pays dividends on a annually basis. 2024 dividend payments are in 2024-05-29. 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 Xinguang Pharmaceutical increase its dividend in 2024?
Decisions regarding Zhejiang Xinguang Pharmaceutical 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 Xinguang Pharmaceutical dividend overview you can look into the above table of dividend history.
How Zhejiang Xinguang Pharmaceutical dividend works?
The Zhejiang Xinguang Pharmaceutical 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 Xinguang Pharmaceutical's dividend process works:
1. Determination of Dividend: Zhejiang Xinguang 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, Zhejiang Xinguang 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, Zhejiang Xinguang 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 Zhejiang Xinguang 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.
How are Zhejiang Xinguang Pharmaceutical dividends paid?
Zhejiang Xinguang Pharmaceutical dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Zhejiang Xinguang 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, Zhejiang Xinguang 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: Zhejiang Xinguang 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.
How many times does Zhejiang Xinguang Pharmaceutical pay dividends?
Zhejiang Xinguang Pharmaceutical 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 Xinguang Pharmaceutical pay dividends?
The general pattern is that Zhejiang Xinguang Pharmaceutical pays dividends around May. 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 Xinguang Pharmaceutical dividend safe?
The safety of Zhejiang Xinguang Pharmaceutical'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 Xinguang 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 Zhejiang Xinguang 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.