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Reko International Group Inc. designs and manufactures various engineered products and services for original equipment manufacturers in Canada and the United States. The company engages in the design and construction of specialty machines and lean cell factory automation solutions, and robotics integration; precision machining of critical components and assemblies; and plastic injection and compression acoustic molds. It also provides specialty machines for gas tank assembly lines, material handling applications, and work cell solutions. The company was incorporated in 1976 and is headquartered in Lakeshore, Canada. Reko International Group Inc. is a subsidiary of The Reko Family Corporation.

Reko International Dividend Announcement

• Reko International announced a annually dividend of $0.18 per ordinary share which will be made payable on 2023-01-13. Ex dividend date: 2022-12-14
• Reko International's trailing twelve-month (TTM) dividend yield is -%

Reko International Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-12-14$0.18annually2023-01-13
2021-11-01$0.20annually2021-12-02
2016-12-08$0.15annually

Reko International Dividend per year

Reko International Dividend Yield

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

Reko International Financial Ratios

P/E ratio-4.76
PEG ratio-0.16
P/B ratio0.41
ROE-8.40%
Payout ratio0.00%
Current ratio3.66
Quick ratio3.66
Cash Ratio0.90

Reko International Dividend FAQ

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