Maeil Dairies Co., Ltd. produces, sells, and exports milk products and baby foods in Korea and internationally. It offers white and flavored milk, yogurt, cheese, coffee, juices, and grain beverages; baby foods, snacks, and beverages; butter, cream, and condensed milk products; prepared foods; and imported food products. The company also operates restaurants. Maeil Dairies Co., Ltd. was founded in 1969 and is headquartered in Seoul, South Korea.
Maeil Dairies Dividend Announcement
• Maeil Dairies announced a annually dividend of ₩1200.00 per ordinary share which will be made payable on 2024-04-16. Ex dividend date: 2023-12-27
• Maeil Dairies annual dividend for 2023 was ₩1200.00
• Maeil Dairies's trailing twelve-month (TTM) dividend yield is 3.17%
• Maeil Dairies's payout ratio for the trailing twelve months (TTM) is 16.16%
Maeil Dairies Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-27 | ₩1200.00 | annually | 2024-04-16 |
2022-12-28 | ₩1200.00 | annually | 2023-04-21 |
Maeil Dairies Dividend per year
Maeil Dairies Dividend Yield
Maeil Dairies current trailing twelve-month (TTM) dividend yield is 3.17%. Interested in purchasing Maeil Dairies stock? Use our calculator to estimate your expected dividend yield:
Maeil Dairies Financial Ratios
Maeil Dairies 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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