Jin Air Co., Ltd. operates domestic and international flight routes. It offers air transportation services through a fleet of aircraft; and airport, in-flight, and cargo services. The company was founded in 2008 and is headquartered in Seoul, South Korea. Jin Air Co., Ltd. operates as a subsidiary of Hanjin Kal.
Jin Air Dividend Announcement
• Jin Air announced a annually dividend of ₩262.42 per ordinary share which will be made payable on 2019-04-19. Ex dividend date: 2018-12-27
• Jin Air's trailing twelve-month (TTM) dividend yield is -%
• Jin Air's payout ratio for the trailing twelve months (TTM) is 2.12%
Jin Air Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2018-12-27 | ₩262.42 | annually | 2019-04-19 |
| 2017-12-27 | ₩218.68 | annually | 2018-04-20 |
Jin Air Dividend per year
Jin Air Dividend Yield
Jin Air current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Jin Air stock? Use our calculator to estimate your expected dividend yield:
Jin Air Financial Ratios
P/E ratio4.57
PEG ratio-0.01
P/B ratio2.84
ROE67.26%
Payout ratio2.12%
Current ratio1.15
Quick ratio1.15
Cash Ratio0.25
Jin Air Dividend FAQ
Does Jin Air stock pay dividends?
Jin Air does not currently pay dividends to its shareholders.
Has Jin Air ever paid a dividend?
No, Jin Air has no a history of paying dividends to its shareholders. Jin Air is not known for its dividend payments.
Why doesn't Jin Air pay dividends?
There are several potential reasons why Jin Air 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 Jin Air 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 Jin Air 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 Jin Air a dividend aristocrat?
Jin Air 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 Jin Air a dividend king?
Jin Air 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 Jin Air a dividend stock?
No, Jin Air 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 Jin Air stocks?
To buy Jin Air 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 Jin Air 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 Jin Air 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.