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Taihan Textile Co., Ltd. produces and supplies textile products in South Korea and internationally. The company offers various apparel products, including shirts/blouses, jackets/pants, underwear products, etc.; bedding products, such as blankets, pillows, etc.; military and police uniforms, and working clothes; and gear products. It also provides woven and knit fabrics; cupra and cellulose fibers; and yarns comprising special, melange, cotton, MVS, slub, and fancy yarns. The company was founded in 1953 and is headquartered in Seoul, South Korea.

Taihan Textile Dividend Announcement

Taihan Textile announced a annually dividend of ₩300.00 per ordinary share which will be made payable on 2019-04-19. Ex dividend date: 2018-12-27
Taihan Textile's trailing twelve-month (TTM) dividend yield is -%
Taihan Textile's payout ratio for the trailing twelve months (TTM) is -63.22%

Taihan Textile Dividend History

Ex-Div dateDividend amountDividend typePay date
2018-12-27₩300.00annually2019-04-19

Taihan Textile Dividend per year

Taihan Textile Dividend Yield

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

Taihan Textile Financial Ratios

P/E ratio-25.09
PEG ratio0.22
P/B ratio0.15
ROE-0.59%
Payout ratio-63.22%
Current ratio1.78
Quick ratio1.78
Cash Ratio0.00

Taihan Textile Dividend FAQ

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