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Ovostar Union Public Company Limited engages in the manufacture, production, distribution, sale, and export of eggs and egg products. The company operates through Egg Operations, Egg Products Operations, and Oilseed Operations segments. It produces and distributes hatching and shell eggs, as well as dry and liquid egg products; and sells chicken meat, egg processing products, sunflower and rapeseed oil, and related products. The company markets its shell eggs under the Yasensvit brand to retail chains; and egg products in dry and liquid form under the OVOSTAR brand to food processing companies. It operates in Ukraine, the Middle East, European Union, Commonwealth of Independent States, Africa, and internationally. The company was founded in 1998 and is headquartered in Kiev, Ukraine. Ovostar Union Public Company Limited is a subsidiary of Prime One Capital Limited.

Ovostar Union Dividend Announcement

Ovostar Union announced a annually dividend of zł2.82 per ordinary share which will be made payable on 2023-01-27. Ex dividend date: 2023-01-12
Ovostar Union annual dividend for 2023 was zł2.82
Ovostar Union's trailing twelve-month (TTM) dividend yield is -%

Ovostar Union Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-01-12zł2.82annually2023-01-27
2019-07-09zł3.79annually2019-07-24

Ovostar Union Dividend per year

Ovostar Union Dividend Yield

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

Ovostar Union Financial Ratios

P/E ratio2.78
PEG ratio0.43
P/B ratio0.79
ROE30.18%
Payout ratio0.00%
Current ratio10.79
Quick ratio9.04
Cash Ratio7.29

Ovostar Union Dividend FAQ

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