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Webzen Inc., a game company, engages in the PC, online, and mobile gaming business worldwide. It operates Webzen.com, a game portal; and WEBZEN.CO.KR. The company provides various game genres, such as the Korea Full 3D online game MU Online; MU Origin and MU IP franchising mobile games; and other online/mobile/sport games. Webzen Inc. was founded in 2000 and is headquartered in Seongnam, South Korea.

Webzen Dividend Announcement

Webzen announced a annually dividend of ₩370.00 per ordinary share which will be made payable on 2024-04-16. Ex dividend date: 2023-12-27
Webzen annual dividend for 2023 was ₩370.00
Webzen's trailing twelve-month (TTM) dividend yield is 2.53%
Webzen's payout ratio for the trailing twelve months (TTM) is 13.53%

Webzen Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-12-27₩370.00annually2024-04-16
2022-12-28₩370.00annually2023-04-18

Webzen Dividend per year

Webzen Dividend Yield

Webzen current trailing twelve-month (TTM) dividend yield is 2.53%. Interested in purchasing Webzen stock? Use our calculator to estimate your expected dividend yield:

Webzen Financial Ratios

P/E ratio6.65
PEG ratio1.10
P/B ratio0.66
ROE10.19%
Payout ratio13.53%
Current ratio6.91
Quick ratio6.91
Cash Ratio3.34

Webzen Dividend FAQ

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