Table of Contents

company-logo

Sugentech Inc. develops and sells in-vitro diagnostic systems and products based on biotechnology, information technology, and nanotechnology in South Korea and internationally. The company offers Multiplex BLOT disease diagnostic devices, such as immunoblot processor, semi and full automation, and molecular diagnostic systems, as well as test items; and self-testing products, including digital ovulation, pregnancy test, and early sign pregnancy test, as well as mobile testing products. It also provides point of care testing analyzers and test items for testing of M.tuberculosis, M.bovis, SARS-CoV-2 antibodies and antigens, flu A/B antigens, and CRP/hsCRP /dualCRP, as well as for measuring procalcitonin, troponin I, hemoglobinA1c, human chorionic gonadotropin, immunoglobulin E, and influenza A/B. The company was formerly known as Accugen Healthcare, Inc. and changed its name to Sugentech Inc. in October 2013. Sugentech Inc. was founded in 2011 and is headquartered in Daejeon, South Korea.

Sugentech Dividend Announcement

• Sugentech announced a annually dividend of ₩150.00 per ordinary share which will be made payable on 2024-04-11. Ex dividend date: 2023-12-27
• Sugentech annual dividend for 2023 was ₩150.00
• Sugentech's trailing twelve-month (TTM) dividend yield is 2.62%

Sugentech Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-12-27₩150.00annually2024-04-11
2022-12-28₩150.00annually2023-04-11

Sugentech Dividend per year

Sugentech Dividend Yield

Sugentech current trailing twelve-month (TTM) dividend yield is 2.62%. Interested in purchasing Sugentech stock? Use our calculator to estimate your expected dividend yield:

Sugentech Financial Ratios

P/E ratio-7.19
PEG ratio1.14
P/B ratio0.82
ROE-11.07%
Payout ratio0.00%
Current ratio8.41
Quick ratio8.41
Cash Ratio0.00

Sugentech Dividend FAQ

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