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Foosung Co., Ltd. manufactures and sells chemicals in South Korea. It offers refrigerants, such as organic fluorine compounds and polyurethane resins; lithium secondary cells; and inorganic fluorine compounds and other products. The company also provides specialty gases, including semiconductor gases, which are used by semiconductor manufacturing industries; mixture gases for use in welding, laser, medical, marine, and radiometric applications; calibration standard gases used for the calibration of analyzers, as well as for quality control and process control activities; ultra-high purity gases for experimentation and research activities in the semiconductor, petrochemical, and metalworking industries; and other specialty gases. In addition, it is involved in the clean development mechanism operations. The company was founded in 1983 and is headquartered in Hwaseong, South Korea.

Foosung Dividend Announcement

• Foosung announced a annually dividend of ₩19.52 per ordinary share which will be made payable on 2023-04-06. Ex dividend date: 2022-12-28
• Foosung's trailing twelve-month (TTM) dividend yield is -%
• Foosung's payout ratio for the trailing twelve months (TTM) is -0.96%

Foosung Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-12-28₩19.52annually2023-04-06
2021-12-29₩15.00annually2022-04-07
2019-12-27₩15.00annually2020-04-08

Foosung Dividend per year

Foosung Dividend Yield

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

Foosung Financial Ratios

P/E ratio-16.58
PEG ratio-76.82
P/B ratio1.60
ROE-11.29%
Payout ratio-0.96%
Current ratio0.96
Quick ratio0.76
Cash Ratio0.18

Foosung Dividend FAQ

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