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Aprogen Medicines Inc. designs, manufactures, and maintains plant facilities for steelwork, petrochemistry, shipbuilding, power plant, and LNG base industries in South Korea. The company also offers thermal and cold spray services; and clad rolls, clad plates, wear plates, clad pipes and fittings, and plasma transferred arcs. In addition, it provides Nukon system, a special heat-preservation system that keeps the pipe facility of the internal equipment of the containment building working safely in the pressurized water reactor power plant; foamglas, a cellular glass insulation product; and fireproof insulation works in the POSCO furnaces and boilers. The company was formerly known as Aprogen KIC Inc. and changed its name to Aprogen Medicines Inc. April 2021. Aprogen Medicines Inc. was founded in 1971 and is based in Seongnam-si, South Korea.

Aprogen Medicines Dividend Announcement

• Aprogen Medicines announced a annually dividend of ₩37.51 per ordinary share which will be made payable on . Ex dividend date: 2007-12-27
• Aprogen Medicines's trailing twelve-month (TTM) dividend yield is -%

Aprogen Medicines Dividend History

Ex-Div dateDividend amountDividend typePay date
2007-12-27₩37.51annually
2006-12-27₩37.51annually
2005-12-28₩37.51annually

Aprogen Medicines Dividend per year

Aprogen Medicines Dividend growth

Aprogen Medicines Dividend Yield

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

Aprogen Medicines Financial Ratios

P/E ratio-6.00
PEG ratio0.21
P/B ratio2.61
ROE-35.98%
Payout ratio0.00%
Current ratio1.28
Quick ratio0.78
Cash Ratio0.46

Aprogen Medicines Dividend FAQ

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