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Sangsangin Co., Ltd. operates in the field of information technology (IT), financial services, and heavy industry in South Korea. The company provides various IT services, such as security systems, integrated communication, SDN, and cloud services, as well as wired or wireless network services; design, installation, and maintenance of IT networks; consulting services; and electronic components. It also offers various banking products and services, such as stock loans; acts as an intermediary in the sale of equity, bonds, and financial derivatives; and provides consulting on financial investment products. In addition, the company offers consulting services on the modernization and the construction of ship-building sites; and offshore marine and deck cranes. The company was formerly known as Texcell-NetCom Co., Ltd. Sangsangin Co., Ltd. was founded in 1989 and is headquartered in Seongnam, South Korea.

Sangsangin Dividend Announcement

Sangsangin announced a annually dividend of ₩100.00 per ordinary share which will be made payable on . Ex dividend date: 2023-06-29
Sangsangin annual dividend for 2023 was ₩100.00
Sangsangin's trailing twelve-month (TTM) dividend yield is -%

Sangsangin Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-06-29₩100.00annually
2022-06-29₩100.00annually2022-04-08
2001-12-27₩4.15annually
2001-01-02₩1.66annually

Sangsangin Dividend per year

Sangsangin Dividend Yield

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

Sangsangin Financial Ratios

P/E ratio-1.19
PEG ratio-0.14
P/B ratio0.14
ROE-11.10%
Payout ratio0.00%
Current ratio0.96
Quick ratio0.96
Cash Ratio0.13

Sangsangin Dividend FAQ

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