WONIK Materials Co.,Ltd. manufactures and sells specialty gases in South Korea. The company's specialty gases include NH3, N2O, NO C3H6, and PH3MIX. The company was founded in 2006 and is headquartered in Cheongwon, South Korea.
WONIK Materials Dividend Announcement
• WONIK Materials announced a annually dividend of ₩800.00 per ordinary share which will be made payable on 2024-04-23. Ex dividend date: 2023-12-27
• WONIK Materials annual dividend for 2023 was ₩800.00
• WONIK Materials's trailing twelve-month (TTM) dividend yield is 3.76%
• WONIK Materials's payout ratio for the trailing twelve months (TTM) is 7.96%
WONIK Materials Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-12-27 | ₩800.00 | annually | 2024-04-23 |
| 2022-12-28 | ₩800.00 | annually | 2023-04-21 |
WONIK Materials Dividend per year
WONIK Materials Dividend Yield
WONIK Materials current trailing twelve-month (TTM) dividend yield is 3.76%. Interested in purchasing WONIK Materials stock? Use our calculator to estimate your expected dividend yield:
WONIK Materials Financial Ratios
P/E ratio11.33
PEG ratio0.34
P/B ratio0.57
ROE5.19%
Payout ratio7.96%
Current ratio2.69
Quick ratio1.94
Cash Ratio1.25
WONIK Materials Dividend FAQ
Does WONIK Materials stock pay dividends?
WONIK Materials does not currently pay dividends to its shareholders.
Has WONIK Materials ever paid a dividend?
No, WONIK Materials has no a history of paying dividends to its shareholders. WONIK Materials is not known for its dividend payments.
Why doesn't WONIK Materials pay dividends?
There are several potential reasons why WONIK Materials 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.
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 WONIK Materials 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 WONIK Materials 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 WONIK Materials a dividend aristocrat?
WONIK Materials 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 WONIK Materials a dividend king?
WONIK Materials 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 WONIK Materials a dividend stock?
No, WONIK Materials 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 WONIK Materials stocks?
To buy WONIK Materials 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 WONIK Materials 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.
Place an order: Use the brokerage's trading platform to place an order to buy WONIK Materials 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.