Kumho Tire Co., Inc. engages in the manufacture, sale, and export of tires in South Korea and internationally. It provides tires for passenger cars, light trucks and SUV/CUV, buses, and commercial vehicles, as well as original equipment. The company was founded in 1960 and is headquartered in Gwangju, South Korea.
Kumho Tire Dividend Announcement
• Kumho Tire announced a annually dividend of ₩300.00 per ordinary share which will be made payable on . Ex dividend date: 2007-12-27
• Kumho Tire's trailing twelve-month (TTM) dividend yield is -%
Kumho Tire Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2007-12-27 | ₩300.00 | annually | |
| 2006-12-27 | ₩300.00 | annually |
Kumho Tire Dividend per year
Kumho Tire Dividend Yield
Kumho Tire current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Kumho Tire stock? Use our calculator to estimate your expected dividend yield:
Kumho Tire Financial Ratios
P/E ratio4.14
PEG ratio0.05
P/B ratio0.91
ROE23.77%
Payout ratio0.00%
Current ratio1.02
Quick ratio0.62
Cash Ratio0.07
Kumho Tire Dividend FAQ
Does Kumho Tire stock pay dividends?
Kumho Tire does not currently pay dividends to its shareholders.
Has Kumho Tire ever paid a dividend?
No, Kumho Tire has no a history of paying dividends to its shareholders. Kumho Tire is not known for its dividend payments.
Why doesn't Kumho Tire pay dividends?
There are several potential reasons why Kumho Tire 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 Kumho Tire 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 Kumho Tire 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 Kumho Tire a dividend aristocrat?
Kumho Tire 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 Kumho Tire a dividend king?
Kumho Tire 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 Kumho Tire a dividend stock?
No, Kumho Tire 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 Kumho Tire stocks?
To buy Kumho Tire 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 Kumho Tire 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 Kumho Tire 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.