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SK oceanplant Co.,Ltd. provides engineering, procurement, and construction of offshore projects in South Korea. The company produces offshore products, including topside modules, large scale jackets and piles, turret modules, and subsea driven/suction piles; nodes, braces, and legs; and living quarters, leg wells, wing tank blocks, etc. for offshore projects, such as oil and gas production facilities, and wind farm foundation structures. It also provides various ship building products, such as engine casings, and curved and transverse bulkhead blocks, as well as mega, giga, and terra blocks; and deck house, hawse, and bulbous products. In addition, the company offers tubular products comprising fabrication of structure steel pipes; line pipes; pipe, steel, and electric-fusion arc welded products; electric-fusion-welded steel pipes; welded and seamless steel pipe piles; carbon and alloy steel pipes; and arc welded carbon steel pipes, as well as carbon steel tubes for general structural purposes. Further, it provides electric-fusion welded steel pipes for atmospheric and low temperature, as well as for high-pressure service at moderate temperature. The company was formerly known as Samkang M&T Co.,Ltd and changed its name to SK oceanplant Co.,Ltd. in February 2023. SK oceanplant Co.,Ltd. was founded in 1999 and is headquartered in Goseong, South Korea.

SK oceanplant Dividend Announcement

• SK oceanplant does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on SK oceanplant dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

SK oceanplant Dividend History

SK oceanplant Dividend Yield

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

SK oceanplant Financial Ratios

P/E ratio35.16
PEG ratio0.35
P/B ratio1.13
ROE3.24%
Payout ratio0.00%
Current ratio1.02
Quick ratio1.02
Cash Ratio0.12

SK oceanplant Dividend FAQ

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