company-logo

DoubleDown Interactive Co., Ltd. engages in the development and publishing of digital games on mobile and web-based platforms for casual players in South Korea. The company offers DoubleDown Casino, DoubleDown Classic, DoubleDown Fort Knox, and Undead World: Hero Survival games. Its games are primarily distributed, marketed, and promoted through third party platform providers. The company was formerly known as The8Games Co., Ltd. and changed its name to DoubleDown Interactive Co., Ltd. in December 2019. The company was incorporated in 2008 and is headquartered in Seoul, South Korea. DoubleDown Interactive Co., Ltd. operates as a subsidiary of DoubleU Games Co., Ltd.

DoubleDown Interactive Dividend Announcement

DoubleDown Interactive announced a quarterly dividend of $0.03 per ordinary share which will be made payable on 2009-12-28. Ex dividend date: 2009-12-21
DoubleDown Interactive's trailing twelve-month (TTM) dividend yield is -%

DoubleDown Interactive Dividend History

Ex-Div dateDividend amountDividend typePay date
2009-12-21$0.03quarterly2009-12-28
2009-09-21$0.05quarterly2009-09-25
2009-06-22$0.36quarterly2009-06-26

DoubleDown Interactive Dividend per year

DoubleDown Interactive Dividend Yield

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

DoubleDown Interactive Financial Ratios

P/E ratio6.02
PEG ratio-1.16
P/B ratio0.84
ROE14.46%
Payout ratio0.00%
Current ratio21.25
Quick ratio21.25
Cash Ratio14.95

DoubleDown Interactive Dividend FAQ

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