company-logo

BINEX Co., Ltd. operates as a pharmaceutical company in South Korea. It offers bisroot products; GI tract and antispasmodic, and antiulcer agents; NSAIDs; cardiovascular and urology products; hepatic protectors; ointments and creams; ophthalmic solutions; CNS agents; digestive products; constipation and blood circulation products; antibiotic and antifungal agents; cough and cold remedy products; vitamins and nutrients; antihistamine products; antivertigo products; and OTC products. BINEX Co., Ltd. has a co-development partnership with Genexine, Inc. to develop COVID-19 vaccine. The company was founded in 1957 and is based in Incheon, South Korea.

BINEX Dividend Announcement

BINEX announced a annually dividend of ₩200.00 per ordinary share which will be made payable on . Ex dividend date: 2008-12-29
BINEX's trailing twelve-month (TTM) dividend yield is -%

BINEX Dividend History

Ex-Div dateDividend amountDividend typePay date
2008-12-29₩200.00annually
2007-12-27₩200.00annually
2005-12-28₩200.00annually

BINEX Dividend per year

BINEX Dividend Yield

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

BINEX Financial Ratios

P/E ratio-27.92
PEG ratio-3.64
P/B ratio2.86
ROE-10.46%
Payout ratio0.00%
Current ratio0.85
Quick ratio0.53
Cash Ratio0.08

BINEX Dividend FAQ

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