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Sajodongaone Co.,Ltd. engages in milling business. The company manufactures and sells cotton and wheat; and engages in the biological resources business, which manufactures and sells animal feeds for livestock, pig farming, and fish farming. It also offers bakery and confectionery products, flour, premixes, buckwheat products, and other agricultural products. The company was formerly known as Dongaone Co., Ltd. and changed its name to Sajodongaone Co.,Ltd. in April 2016. Sajodongaone Co.,Ltd. was founded in 1953 and is headquartered in Seoul, South Korea.

Sajodongaone Dividend Announcement

Sajodongaone announced a annually dividend of ₩15.00 per ordinary share which will be made payable on 2024-04-18. Ex dividend date: 2023-12-27
Sajodongaone annual dividend for 2023 was ₩15.00
Sajodongaone's trailing twelve-month (TTM) dividend yield is 1.43%
Sajodongaone's payout ratio for the trailing twelve months (TTM) is 9.21%

Sajodongaone Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-12-27₩15.00annually2024-04-18
2013-12-27₩30.00annually
2012-12-27₩30.00annually
2011-12-28₩20.00annually
2010-12-29₩20.00annually
2009-12-29₩10.00annually
2007-09-27₩40.00annually
2006-09-28₩65.00annually
2005-09-29₩57.69annually
2004-09-24₩43.26annually
2003-09-29₩39.93annually
2002-09-27₩39.93annually

Sajodongaone Dividend per year

Sajodongaone Dividend growth

Sajodongaone Dividend Yield

Sajodongaone current trailing twelve-month (TTM) dividend yield is 1.43%. Interested in purchasing Sajodongaone stock? Use our calculator to estimate your expected dividend yield:

Sajodongaone Financial Ratios

P/E ratio6.42
PEG ratio-0.02
P/B ratio0.49
ROE8.82%
Payout ratio9.21%
Current ratio1.09
Quick ratio0.54
Cash Ratio0.09

Sajodongaone Dividend FAQ

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