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 2.16%
• Webzen's payout ratio for the trailing twelve months (TTM) is 13.30%
Webzen Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-27 | ₩370.00 | annually | 2024-04-16 |
2022-12-28 | ₩370.00 | annually | 2023-04-18 |
Webzen Dividend per year
Webzen Dividend Yield
Webzen current trailing twelve-month (TTM) dividend yield is 2.16%. Interested in purchasing Webzen stock? Use our calculator to estimate your expected dividend yield:
Webzen Financial Ratios
Webzen 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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