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Lotte Tour Development Co., Ltd., together with its subsidiaries, provides travel and tourism services in South Korea. The company offers tourism development; domestic and international travel sales; and ticket sales agency, casino, currency exchange, advisory, and internet press services. It also provides pre-establishment classes. The company was founded in 1971 and is headquartered in Seoul, South Korea.

Lotte Tour Development Dividend Announcement

Lotte Tour Development does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
Stay tuned for updates on Lotte Tour Development dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Lotte Tour Development Dividend History

Lotte Tour Development Dividend Yield

Lotte Tour Development current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Lotte Tour Development stock? Use our calculator to estimate your expected dividend yield:

Lotte Tour Development Financial Ratios

P/E ratio-7.61
PEG ratio-0.19
P/B ratio1.94
ROE-66.55%
Payout ratio0.00%
Current ratio0.07
Quick ratio0.07
Cash Ratio0.03

Lotte Tour Development Dividend FAQ

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