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Keen Ocean International Holding Limited, an investment holding company, designs, develops, manufactures, and sells transformers, switching mode power supplies, electronic parts and components, and electric healthcare products. It offers toroidal and EI transformers, steel core products, PCB assemblies, power amplifiers, inductors, battery chargers, and C type core products. The company is also involved in construction and investment activities. The company sells its transformers and power supply products under the Keen Ocean brand. The company primarily serves manufacturers and trading entities. It operates in Hong Kong, China, Europe, the United States, India, and internationally. The company was founded in 2000 and is headquartered in Tsuen Wan, Hong Kong. Keen Ocean International Holding Limited is a subsidiary of Cyber Goodie Limited.

Keen Ocean International Dividend Announcement

Keen Ocean International announced a annually dividend of HK$0.15 per ordinary share which will be made payable on 2024-09-17. Ex dividend date: 2024-09-02
Keen Ocean International annual dividend for 2024 was HK$0.15
Keen Ocean International's trailing twelve-month (TTM) dividend yield is 39.47%

Keen Ocean International Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-02HK$0.15annually2024-09-17

Keen Ocean International Dividend per year

Keen Ocean International Dividend Yield

Keen Ocean International current trailing twelve-month (TTM) dividend yield is 39.47%. Interested in purchasing Keen Ocean International stock? Use our calculator to estimate your expected dividend yield:

Keen Ocean International Financial Ratios

P/E ratio8.33
PEG ratio4.06
P/B ratio0.78
ROE9.82%
Payout ratio0.00%
Current ratio1.56
Quick ratio1.09
Cash Ratio0.10

Keen Ocean International Dividend FAQ

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