company-logo

INNOX Advanced Materials Co.,Ltd engages in semiconductor PKG materials and flexible circuit board materials businesses in South Korea and internationally. It offers circuit materials for smartphones, tablets, notebooks, and automobiles; adhesive materials used for semiconductor packaging; and organic light-emitting diodes for displays. The company was founded in 1988 and is headquartered in Asan-si, South Korea.

INNOX Advanced Materials Dividend Announcement

INNOX Advanced Materials announced a annually dividend of ₩250.00 per ordinary share which will be made payable on 2024-04-19. Ex dividend date: 2023-12-27
INNOX Advanced Materials annual dividend for 2023 was ₩250.00
INNOX Advanced Materials's trailing twelve-month (TTM) dividend yield is 1.01%
INNOX Advanced Materials's payout ratio for the trailing twelve months (TTM) is 12.81%

INNOX Advanced Materials Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-12-27₩250.00annually2024-04-19
2022-12-28₩450.00annually2023-04-25

INNOX Advanced Materials Dividend per year

INNOX Advanced Materials Dividend Yield

INNOX Advanced Materials current trailing twelve-month (TTM) dividend yield is 1.01%. Interested in purchasing INNOX Advanced Materials stock? Use our calculator to estimate your expected dividend yield:

INNOX Advanced Materials Financial Ratios

P/E ratio12.74
PEG ratio0.13
P/B ratio1.10
ROE9.13%
Payout ratio12.81%
Current ratio1.94
Quick ratio1.71
Cash Ratio1.21

INNOX Advanced Materials Dividend FAQ

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