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MiCo Ltd., an engineering company, produces and sells ceramic materials and components in South Korea and internationally. The company offers heater granule powder, electrostatic chucks (ESC) granule powder, and parts granule powder, as well as alumina, yittria, YAG, and aluminium nitride powders, which are used in manufacturing and coating parts for semi-conductor equipment, for display equipment, and cells for solid oxide fuel cell systems. It also provides polyimide ESC, APS coating ESC, and ceramic ESC for display, semiconductor, and LED/LCD applications, as well as repair services; and solid oxide fuel cells. The company was formerly known as KoMiCo Ltd. and changed its name to MiCo Ltd. in 2013. MiCo Ltd. was founded in 1996 and is headquartered in Anseong, South Korea.

MiCo Dividend Announcement

MiCo announced a annually dividend of ₩70.00 per ordinary share which will be made payable on 2022-04-29. Ex dividend date: 2021-12-29
MiCo's trailing twelve-month (TTM) dividend yield is -%

MiCo Dividend History

Ex-Div dateDividend amountDividend typePay date
2021-12-29₩70.00annually2022-04-29
2006-12-27₩50.00annually
2004-12-29₩252.25annually

MiCo Dividend per year

MiCo Dividend Yield

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

MiCo Financial Ratios

P/E ratio12.97
PEG ratio-0.11
P/B ratio2.46
ROE21.88%
Payout ratio0.00%
Current ratio1.21
Quick ratio1.21
Cash Ratio0.00

MiCo Dividend FAQ

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