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Asia Cement Co.,Ltd. manufactures and sells cement, ready-mixed concrete, dry mortar, green premixed cement, and aggregates in Korea. The company offers Portland cement and customized cement products, as well as stones for civil engineering works. It also engages in the investment and financing activities; and cultivation of grains and other food crops, including rice, beans, special crops, and garden trees, as well as operates amusement parks. The company was founded in 1965 and is headquartered in Seoul, South Korea. Asia Cement Co.,Ltd. is a subsidiary of Asia Holdings Co., Ltd.

Asia Cement Dividend Announcement

Asia Cement announced a semi annually dividend of ₩225.00 per ordinary share which will be made payable on 2024-04-17. Ex dividend date: 2023-12-27
Asia Cement annual dividend for 2023 was ₩255.00
Asia Cement's trailing twelve-month (TTM) dividend yield is 2.31%
Asia Cement's payout ratio for the trailing twelve months (TTM) is 9.10%
Asia Cement's dividend growth over the last five years (2018-2023) was -29.84% year

Asia Cement Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-12-27₩225.00semi annually2024-04-17
2023-10-31₩30.00semi annually2023-11-16
2022-12-28₩225.00semi annually2023-04-18
2021-12-29₩2250.00semi annually2022-04-12
2020-12-29₩1250.00semi annually2021-04-13
2019-12-27₩1500.00semi annually2020-04-02
2018-12-27₩1500.00semi annually2019-04-04
2017-12-27₩1500.00semi annually2018-04-03
2016-12-28₩1495.17semi annually
2015-12-29₩1495.17semi annually
2014-12-29₩1495.17semi annually
2013-12-27₩1245.98semi annually

Asia Cement Dividend per year

Asia Cement Dividend growth

Asia Cement Dividend Yield

Asia Cement current trailing twelve-month (TTM) dividend yield is 2.31%. Interested in purchasing Asia Cement stock? Use our calculator to estimate your expected dividend yield:

Asia Cement Financial Ratios

P/E ratio3.79
PEG ratio0.29
P/B ratio0.38
ROE10.36%
Payout ratio9.10%
Current ratio0.61
Quick ratio0.45
Cash Ratio0.17

Asia Cement Dividend FAQ

How much is the next Asia Cement dividend?
Asia Cement's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Asia Cement dividend. The next Asia Cement dividend will be released in December.
When is Asia Cement dividend paid?
Asia Cement pays dividends on a semi annually basis. The specific dates may vary each year but are generally around December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Asia Cement pay?
The specific amount of Asia Cement dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Asia Cement's dividend history.
Does Asia Cement stock pay dividends?
Yes, Asia Cement does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Asia Cement's dividend history.
How much dividend does Asia Cement pay?
Asia Cement paid ₩0.0 in 2024, ₩255.0 in 2023, ₩225.0 in 2022, ₩2250.0 in 2021, and ₩1250.0 in 2020.
How often does Asia Cement pay dividends?
Asia Cement typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around December.
What is Asia Cement's dividend yield?
The current dividend yield for Asia Cement is 2.31%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Asia Cement's exact dividend yield.
When does Asia Cement go ex dividend?
Asia Cement's ex-dividend date for the latest dividend was on 2023-12-27. Asia Cement typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Asia Cement dividend paid?
Asia Cement pays dividends on a semi annually basis, typically around December, but the exact dates can vary each year.
Will Asia Cement increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Asia Cement will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Asia Cement dividend per share?
Asia Cement paid ₩0.0 per share in 2024 and ₩255.0 per share in 2023. The amount of dividend per share that Asia Cement pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Asia Cement a dividend aristocrat?
No, 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 Asia Cement a dividend king?
No, 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 Asia Cement a dividend stock?
Yes, Asia Cement is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Asia Cement a good dividend stock?
Whether Asia Cement is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Asia Cement has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Asia Cement as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Asia Cement pay dividends monthly?
Asia Cement typically pays dividends on a semi annually basis.
Does Asia Cement pay dividends quarterly?
Asia Cement currently pays dividends on a semi annually basis.
Has Asia Cement ever paid a dividend?
Yes, Asia Cement has a history of paying dividends to its shareholders. Asia Cement is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Asia Cement dividend stocks?
To buy Asia Cement 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Asia Cement 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.
When does Asia Cement pay dividends 2024?
Asia Cement pays dividends on a semi annually basis. 2024 dividend payments are in 2024-04-17. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Asia Cement increase its dividend in 2024?
Decisions regarding Asia Cement dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Asia Cement dividend overview you can look into the above table of dividend history.
How Asia Cement dividend works?
The Asia Cement dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Asia Cement's dividend process works:

1. Determination of Dividend: Asia Cement's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Asia Cement publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Asia Cement distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Asia Cement are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Asia Cement dividends paid?
Asia Cement dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Asia Cement sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Asia Cement distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Asia Cement declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Asia Cement pay dividends?
Asia Cement typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Asia Cement pay dividends?
The general pattern is that Asia Cement pays dividends around December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Asia Cement dividend safe?
The safety of Asia Cement's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Asia Cement's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Asia Cement's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.