KakaoBank of Korea Corp. provides Internet based banking products and services in South Korea. Its products and services include deposit and withdrawal accounts, safe box, piggy bank, term deposits, and savings accounts; emergency, negative bank, credit, and private business loans, as well as Jeonse deposit loans; and overseas remittance, and check and credit cards. The company was founded in 2016 and is based in Seongnam-si, South Korea.
KakaoBank Dividend Announcement
• KakaoBank announced a annually dividend of ₩150.00 per ordinary share which will be made payable on 2024-04-16. Ex dividend date: 2023-12-27
• KakaoBank annual dividend for 2023 was ₩150.00
• KakaoBank's trailing twelve-month (TTM) dividend yield is 0.69%
• KakaoBank's payout ratio for the trailing twelve months (TTM) is 16.57%
KakaoBank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-27 | ₩150.00 | annually | 2024-04-16 |
2022-12-28 | ₩80.00 | annually | 2023-04-26 |
KakaoBank Dividend per year
KakaoBank Dividend Yield
KakaoBank current trailing twelve-month (TTM) dividend yield is 0.69%. Interested in purchasing KakaoBank stock? Use our calculator to estimate your expected dividend yield:
KakaoBank Financial Ratios
KakaoBank Dividend FAQ
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.
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