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Daesung Industrial Co., Ltd. engages in the retail sale and distribution of energy in South Korea. The company is involved in operating 40 petroleum stations and 15 LP gas filling stations; supplying various vehicle and industrial fuels, energy to heat houses, etc.; and heat absorption generating and oil field development activities. It also offers hydraulic and pneumatic pressure tools and appliances, geared motors, industrial robots, and industrial bearings; and computer systems, and network construction and consulting. In addition, the company constructs apartment houses; and distributes food products, such as olive oil, honey, organic green tea and rice, coffee, baby food, sweet potato, etc. under the Nature's Food brand name. Daesung Industrial Co., Ltd. was founded in 1968 and is headquartered in Seoul, South Korea.

Daesung Industrial Dividend Announcement

• Daesung Industrial announced a annually dividend of ₩656.32 per ordinary share which will be made payable on . Ex dividend date: 2010-12-29
• Daesung Industrial's trailing twelve-month (TTM) dividend yield is -%

Daesung Industrial Dividend History

Ex-Div dateDividend amountDividend typePay date
2010-12-29₩656.32annually

Daesung Industrial Dividend per year

Daesung Industrial Dividend Yield

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

Daesung Industrial Financial Ratios

P/E ratio-16.88
PEG ratio-0.82
P/B ratio0.23
ROE-1.34%
Payout ratio0.00%
Current ratio1.40
Quick ratio1.07
Cash Ratio0.54

Daesung Industrial Dividend FAQ

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