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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 dateDividend amountDividend typePay date
2023-12-27₩1200.00annually2024-04-17
2022-12-28₩1200.00annually2023-04-19

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

P/E ratio-87.64
PEG ratio-24.33
P/B ratio2.57
ROE-2.77%
Payout ratio-142.55%
Current ratio1.60
Quick ratio1.55
Cash Ratio0.63

SM Entertainment Dividend FAQ

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