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ICO Group Limited, an investment holding company, provides IT application services to institutions and enterprises in Hong Kong and internationally. It operates through IT Application and Solution Development Services, IT Infrastructure Solutions Services, IT Secondment Services, IT Maintenance and Support Services, and Property Leasing and E-commerce Business segments. The company engages in the design and implementation of IT applications; and procurement of third-party hardware and software. It also provides IT infrastructure solutions; and sells IT infrastructure solution-related hardware and software. In addition, the company offers IT secondment, maintenance, and support services; and property leasing and online trading platform services. It serves various industries, such as banking, finance and insurance, government departments, exchanges and regulatory bodies, telecommunication, distribution and retail, logistics and media, universities and schools, construction, manufacturing, and others. The company was founded in 1992 and is headquartered in Kowloon, Hong Kong.

ICO Dividend Announcement

• ICO announced a annually dividend of HK$0.01 per ordinary share which will be made payable on 2024-09-13. Ex dividend date: 2024-08-29
• ICO annual dividend for 2024 was HK$0.01
• ICO's trailing twelve-month (TTM) dividend yield is 6.25%

ICO Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-29HK$0.01annually2024-09-13

ICO Dividend per year

ICO Dividend Yield

ICO current trailing twelve-month (TTM) dividend yield is 6.25%. Interested in purchasing ICO stock? Use our calculator to estimate your expected dividend yield:

ICO Financial Ratios

P/E ratio8.41
PEG ratio-0.23
P/B ratio0.26
ROE3.11%
Payout ratio0.00%
Current ratio1.86
Quick ratio1.85
Cash Ratio0.41

ICO Dividend FAQ

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