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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 dateDividend amountDividend typePay date
2023-12-27₩1200.00annually2024-04-16
2022-12-28₩1200.00annually2023-04-21

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

P/E ratio5.13
PEG ratio0.03
P/B ratio0.48
ROE9.65%
Payout ratio16.16%
Current ratio3.05
Quick ratio3.05
Cash Ratio0.00

Maeil Dairies Dividend FAQ

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