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Paradise Co., Ltd. engages in resort, hotel, game, travel, and leisure businesses in South Korea. The company operates Paradise City, an integrated resort consisting of hotels, conventions, casinos, plazas, art galleries, spas, and clubs. It also operates the Paradise Hotel & Resort, a five-star hotel with 711 rooms; Art Paradiso, a lifestyle boutique hotel with 58 rooms; Paradise Hotel Busan, a five-star hotel with 532 guest rooms. In addition, the company operates casinos, including the Paradise Casino, Paradise Casino Walkerhill, Paradise Casino Busan, and Paradise Casino Jeju Grand; Paradise Spa Dogo, a spa destination. Further, it provides travel agency services; and distributes wines. The company was founded in 1972 and is headquartered in Seoul, South Korea.

Paradise Dividend Announcement

Paradise announced a annually dividend of ₩100.00 per ordinary share which will be made payable on 2020-04-24. Ex dividend date: 2019-12-27
Paradise's trailing twelve-month (TTM) dividend yield is -%
Paradise's payout ratio for the trailing twelve months (TTM) is 12.96%

Paradise Dividend History

Ex-Div dateDividend amountDividend typePay date
2019-12-27₩100.00annually2020-04-24
2016-12-28₩300.00annually
2015-12-29₩375.00annually
2014-12-29₩500.00annually
2014-06-27₩100.00annually
2013-12-27₩350.00annually
2012-12-27₩200.00annually
2011-12-28₩150.00annually
2010-12-29₩250.00annually
2009-12-29₩200.00annually
2008-12-29₩150.00annually
2007-12-27₩125.00annually
2006-12-27₩75.00annually

Paradise Dividend per year

Paradise Dividend growth

Paradise Dividend Yield

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

Paradise Financial Ratios

P/E ratio19.25
PEG ratio0.05
P/B ratio0.89
ROE4.67%
Payout ratio12.96%
Current ratio1.32
Quick ratio1.31
Cash Ratio0.58

Paradise Dividend FAQ

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