CTK Co., Ltd manufactures and sells cosmetics and cosmetic containers in South Korea and internationally. The company was formerly known as CTK Cosmetics Co., Ltd and changed its name to CTK Co., Ltd in July 2021. CTK Co., Ltd was founded in 2001 and is headquartered in Seoul, South Korea.
CTK Dividend Announcement
• CTK announced a annually dividend of ₩50.00 per ordinary share which will be made payable on 2024-04-16. Ex dividend date: 2023-12-27
• CTK annual dividend for 2023 was ₩50.00
• CTK 's trailing twelve-month (TTM) dividend yield is 0.87%
• CTK 's payout ratio for the trailing twelve months (TTM) is 67.29%
CTK Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-12-27 | ₩50.00 | annually | 2024-04-16 |
| 2022-12-28 | ₩50.00 | annually | 2023-04-14 |
CTK Dividend per year
CTK Dividend Yield
CTK current trailing twelve-month (TTM) dividend yield is 0.87%. Interested in purchasing CTK stock? Use our calculator to estimate your expected dividend yield:
CTK Financial Ratios
P/E ratio49.62
PEG ratio1.21
P/B ratio0.68
ROE1.37%
Payout ratio67.29%
Current ratio2.44
Quick ratio2.30
Cash Ratio0.50
CTK Dividend FAQ
Does CTK stock pay dividends?
CTK does not currently pay dividends to its shareholders.
Has CTK ever paid a dividend?
No, CTK has no a history of paying dividends to its shareholders. CTK is not known for its dividend payments.
Why doesn't CTK pay dividends?
There are several potential reasons why CTK 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.
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 CTK 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 CTK 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 CTK a dividend aristocrat?
CTK 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 CTK a dividend king?
CTK 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 CTK a dividend stock?
No, CTK 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 CTK stocks?
To buy CTK 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 CTK 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.
Place an order: Use the brokerage's trading platform to place an order to buy CTK 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.