JYP Entertainment Corporation operates as an entertainment company in South Korea and internationally. The company plans, creates, and sells music and video contents; and undertakes talent development programs. It also finds and manages artists. The company was founded in 1997 and is based in Seoul, South Korea.
JYP Entertainment Dividend Announcement
• JYP Entertainment announced a annually dividend of ₩369.00 per ordinary share which will be made payable on 2024-04-25. Ex dividend date: 2023-12-27
• JYP Entertainment annual dividend for 2023 was ₩369.00
• JYP Entertainment's trailing twelve-month (TTM) dividend yield is 0.71%
• JYP Entertainment's payout ratio for the trailing twelve months (TTM) is 26.57%
JYP Entertainment Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-12-27 | ₩369.00 | annually | 2024-04-25 |
| 2022-12-28 | ₩369.00 | annually | 2023-04-25 |
JYP Entertainment Dividend per year
JYP Entertainment Dividend Yield
JYP Entertainment current trailing twelve-month (TTM) dividend yield is 0.71%. Interested in purchasing JYP Entertainment stock? Use our calculator to estimate your expected dividend yield:
JYP Entertainment Financial Ratios
P/E ratio23.66
PEG ratio-1.07
P/B ratio4.14
ROE17.90%
Payout ratio26.57%
Current ratio2.85
Quick ratio2.68
Cash Ratio1.51
JYP Entertainment Dividend FAQ
Does JYP Entertainment stock pay dividends?
JYP Entertainment does not currently pay dividends to its shareholders.
Has JYP Entertainment ever paid a dividend?
No, JYP Entertainment has no a history of paying dividends to its shareholders. JYP Entertainment is not known for its dividend payments.
Why doesn't JYP Entertainment pay dividends?
There are several potential reasons why JYP Entertainment 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 JYP Entertainment 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 JYP Entertainment 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 JYP Entertainment a dividend aristocrat?
JYP Entertainment 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 JYP Entertainment a dividend king?
JYP Entertainment 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 JYP Entertainment a dividend stock?
No, JYP Entertainment 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 JYP Entertainment stocks?
To buy JYP Entertainment 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 JYP Entertainment 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 JYP Entertainment 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.