Korea Line Corporation provides merchant carrier services for energy resources in marine transportation industry worldwide. The company transports various types of cargo, including LNG, LPG, oil, iron, ore, coal, grain, cement, fertilizer, steel, scrap metal, etc. Its owned fleets consist of 37 vessels, which include 23 bulkers, 10 LNGs, 3 tankers, and 1 PCTC with a total of 4,009,518 DWT. Korea Line Corporation was founded in 1968 and is headquartered in Seoul, South Korea. Korea Line Corporation operates as a subsidiary of Samra Midas Group.
Korea Line Dividend Announcement
• Korea Line announced a annually dividend of ₩418.09 per ordinary share which will be made payable on . Ex dividend date: 2008-12-29
• Korea Line's trailing twelve-month (TTM) dividend yield is -%
Korea Line Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2008-12-29 | ₩418.09 | annually | |
2007-12-27 | ₩2090.45 | annually | |
2006-12-27 | ₩627.13 | annually |
Korea Line Dividend per year
Korea Line Dividend growth
Korea Line Dividend Yield
Korea Line current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Korea Line stock? Use our calculator to estimate your expected dividend yield:
Korea Line Financial Ratios
Korea Line 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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