SM Entertainment Co., Ltd. engages in music/sound production, talent management, and music/audio content publication activities in South Korea and internationally. It produces music under the BALJUNSO label, movies, TV dramas and shows, musical programs, and concerts; and provides magazine under the THE CELEBRITY name and social network services. The company also operates restaurants, wine shops, travel agency, celebrity shops, multi-functional theatre, online gift shop, cafe, and museum, as well as mobile entertainment platforms, including karaoke app, radio and music streaming app, game and news platforms, and fan art social platform. In addition, it is involved in the management and exhibition businesses. The company was founded in 1995 and is based in Seoul, South Korea.
SM Entertainment Dividend Announcement
• SM Entertainment announced a annually dividend of ₩1200.00 per ordinary share which will be made payable on 2024-04-17. Ex dividend date: 2023-12-27
• SM Entertainment annual dividend for 2023 was ₩1200.00
• SM Entertainment's trailing twelve-month (TTM) dividend yield is 1.59%
• SM Entertainment's payout ratio for the trailing twelve months (TTM) is -142.55%
SM Entertainment Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-27 | ₩1200.00 | annually | 2024-04-17 |
2022-12-28 | ₩1200.00 | annually | 2023-04-19 |
SM Entertainment Dividend per year
SM Entertainment Dividend Yield
SM Entertainment current trailing twelve-month (TTM) dividend yield is 1.59%. Interested in purchasing SM Entertainment stock? Use our calculator to estimate your expected dividend yield:
SM Entertainment Financial Ratios
SM Entertainment Dividend FAQ
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.
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