CJ Logistics Corporation provides integrated transportation and logistics services for individuals and companies in Korea and internationally. It engages in contract logistics, parcel, forwarding and international express, stevedoring and transportation, project logistics businesses. CJ Logistics Corporation was formerly known as Korea Express Co., Ltd. The company was founded in 1930 and is based in Seoul, South Korea. CJ Logistics Corporation operates as a subsidiary of CJ Corporation.
CJ Logistics Dividend Announcement
• CJ Logistics announced a annually dividend of ₩500.00 per ordinary share which will be made payable on 2024-04-24. Ex dividend date: 2024-03-29
• CJ Logistics annual dividend for 2024 was ₩500.00
• CJ Logistics's trailing twelve-month (TTM) dividend yield is 0.62%
• CJ Logistics's payout ratio for the trailing twelve months (TTM) is 10.02%
CJ Logistics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-29 | ₩500.00 | annually | 2024-04-24 |
2022-12-28 | ₩500.00 | annually | 2023-04-26 |
CJ Logistics Dividend per year
CJ Logistics Dividend Yield
CJ Logistics current trailing twelve-month (TTM) dividend yield is 0.62%. Interested in purchasing CJ Logistics stock? Use our calculator to estimate your expected dividend yield:
CJ Logistics Financial Ratios
CJ Logistics 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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