Handok Clean Tech Co., Ltd. produces and sells filters for water purifiers in South Korea. It offers standard carbon block filters, refrigerator filters, and customized filters; PE sediment filters; and deodorizing filters for air purifiers. The company was founded in 1990 and is based in Daejeon, South Korea.
Handok Clean Tech Dividend Announcement
• Handok Clean Tech announced a annually dividend of ₩250.00 per ordinary share which will be made payable on 2024-04-12. Ex dividend date: 2023-12-27
• Handok Clean Tech annual dividend for 2023 was ₩250.00
• Handok Clean Tech's trailing twelve-month (TTM) dividend yield is 3.76%
• Handok Clean Tech's payout ratio for the trailing twelve months (TTM) is 41.02%
Handok Clean Tech Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-12-27 | ₩250.00 | annually | 2024-04-12 |
| 2022-12-28 | ₩250.00 | annually | 2023-03-31 |
Handok Clean Tech Dividend per year
Handok Clean Tech Dividend Yield
Handok Clean Tech current trailing twelve-month (TTM) dividend yield is 3.76%. Interested in purchasing Handok Clean Tech stock? Use our calculator to estimate your expected dividend yield:
Handok Clean Tech Financial Ratios
P/E ratio10.93
PEG ratio0.11
P/B ratio0.94
ROE8.64%
Payout ratio41.02%
Current ratio5.03
Quick ratio3.05
Cash Ratio0.44
Handok Clean Tech Dividend FAQ
Does Handok Clean Tech stock pay dividends?
Handok Clean Tech does not currently pay dividends to its shareholders.
Has Handok Clean Tech ever paid a dividend?
No, Handok Clean Tech has no a history of paying dividends to its shareholders. Handok Clean Tech is not known for its dividend payments.
Why doesn't Handok Clean Tech pay dividends?
There are several potential reasons why Handok Clean Tech 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 Handok Clean Tech 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 Handok Clean Tech 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 Handok Clean Tech a dividend aristocrat?
Handok Clean Tech 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 Handok Clean Tech a dividend king?
Handok Clean Tech 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 Handok Clean Tech a dividend stock?
No, Handok Clean Tech 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 Handok Clean Tech stocks?
To buy Handok Clean Tech 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 Handok Clean Tech 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 Handok Clean Tech 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.