Grand Korea Leisure Co., Ltd. operates as a casino company in South Korea. It operates Seven Luck casino, a foreigner-only casino. The company was founded in 2005 and is based in Seoul, South Korea.
Grand Korea Leisure Dividend Announcement
• Grand Korea Leisure announced a annually dividend of ₩60.00 per ordinary share which will be made payable on 2024-09-10. Ex dividend date: 2024-06-27 • Grand Korea Leisure annual dividend for 2024 was ₩60.00 • Grand Korea Leisure annual dividend for 2023 was ₩353.00 • Grand Korea Leisure's trailing twelve-month (TTM) dividend yield is 3.72% • Grand Korea Leisure's payout ratio for the trailing twelve months (TTM) is 74.58%
Grand Korea Leisure current trailing twelve-month (TTM) dividend yield is 3.72%. Interested in purchasing Grand Korea Leisure stock? Use our calculator to estimate your expected dividend yield:
Grand Korea Leisure Financial Ratios
P/E ratio23.39
PEG ratio-3.14
P/B ratio1.65
ROE7.15%
Payout ratio74.58%
Current ratio2.27
Quick ratio2.27
Cash Ratio0.00
Grand Korea Leisure Dividend FAQ
How much is the next Grand Korea Leisure dividend?
Grand Korea Leisure's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Grand Korea Leisure dividend. The next Grand Korea Leisure dividend will be released in December.
When is Grand Korea Leisure dividend paid?
Grand Korea Leisure pays dividends on a annually basis. The specific dates may vary each year but are generally around December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Grand Korea Leisure pay?
The specific amount of Grand Korea Leisure dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Grand Korea Leisure's dividend history.
Does Grand Korea Leisure stock pay dividends?
Yes, Grand Korea Leisure does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Grand Korea Leisure's dividend history.
How much dividend does Grand Korea Leisure pay?
Grand Korea Leisure paid ₩60 in 2024, ₩353 in 2023, ₩0 in 2022, ₩0 in 2021, and ₩0 in 2020.
How often does Grand Korea Leisure pay dividends?
Grand Korea Leisure typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around December.
What is Grand Korea Leisure's dividend yield?
The current dividend yield for Grand Korea Leisure is 3.72%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Grand Korea Leisure's exact dividend yield.
When does Grand Korea Leisure go ex dividend?
Grand Korea Leisure's ex-dividend date for the latest dividend was on 2024-06-27. Grand Korea Leisure typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Grand Korea Leisure dividend paid?
Grand Korea Leisure pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will Grand Korea Leisure increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Grand Korea Leisure will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Grand Korea Leisure dividend per share?
Grand Korea Leisure paid ₩60 per share in 2024 and ₩353 per share in 2023. The amount of dividend per share that Grand Korea Leisure pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Grand Korea Leisure a dividend aristocrat?
No, 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 Grand Korea Leisure a dividend king?
No, 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 Grand Korea Leisure a dividend stock?
Yes, Grand Korea Leisure is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Grand Korea Leisure a good dividend stock?
Whether Grand Korea Leisure is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Grand Korea Leisure has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Grand Korea Leisure as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Grand Korea Leisure pay dividends monthly?
Grand Korea Leisure typically pays dividends on a annually basis.
Does Grand Korea Leisure pay dividends quarterly?
Grand Korea Leisure currently pays dividends on a annually basis.
Has Grand Korea Leisure ever paid a dividend?
Yes, Grand Korea Leisure has a history of paying dividends to its shareholders. Grand Korea Leisure is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Grand Korea Leisure dividend stocks?
To buy Grand Korea Leisure 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Grand Korea Leisure 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.
When does Grand Korea Leisure pay dividends 2024?
Grand Korea Leisure pays dividends on a annually basis. 2024 dividend payments are in 2024-09-10. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Grand Korea Leisure increase its dividend in 2024?
Decisions regarding Grand Korea Leisure dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Grand Korea Leisure dividend overview you can look into the above table of dividend history.
How Grand Korea Leisure dividend works?
The Grand Korea Leisure dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Grand Korea Leisure's dividend process works:
1. Determination of Dividend: Grand Korea Leisure's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Grand Korea Leisure publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Grand Korea Leisure distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Grand Korea Leisure are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Grand Korea Leisure dividends paid?
Grand Korea Leisure dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Grand Korea Leisure sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Grand Korea Leisure distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Grand Korea Leisure declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Grand Korea Leisure pay dividends?
Grand Korea Leisure typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Grand Korea Leisure pay dividends?
The general pattern is that Grand Korea Leisure pays dividends around December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Grand Korea Leisure dividend safe?
The safety of Grand Korea Leisure's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Grand Korea Leisure's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Grand Korea Leisure's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.