Boryung Corporation produces and sells pharmaceutical products in South Korea. The company offers cardiovascular products, anticancer products, gastrointestinal products, and API's. It also exports its products to approximately 50 countries on 6 continents, including Japan, China, the Southeast Asia, the Middle East, Europe, South America, and Africa. The company was formerly known as Boryung Pharmaceutical Co., Ltd. and changed its name to Boryung Corporation in March 2022. Boryung Corporation was founded in 1957 and is based in Seoul, South Korea.
Boryung Dividend Announcement
• Boryung announced a annually dividend of ₩100.00 per ordinary share which will be made payable on 2025-04-25. Ex dividend date: 2024-12-27
• Boryung annual dividend for 2024 was ₩100.00
• Boryung annual dividend for 2023 was ₩100.00
• Boryung's trailing twelve-month (TTM) dividend yield is 1.03%
• Boryung's payout ratio for the trailing twelve months (TTM) is 10.91%
• Boryung's dividend growth over the last five years (2018-2023) was 17.54% year
• Boryung's dividend growth over the last ten years (2013-2023) was -3.78% year
Boryung Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-27 | ₩100.00 | annually | 2025-04-25 |
2023-12-27 | ₩100.00 | annually | 2024-04-01 |
2022-12-28 | ₩100.00 | annually | 2023-04-11 |
2021-12-29 | ₩100.00 | annually | 2022-04-12 |
2020-12-29 | ₩74.30 | annually | 2021-04-14 |
2019-12-27 | ₩74.30 | annually | 2020-04-14 |
2018-12-27 | ₩44.58 | annually | 2019-04-17 |
2017-12-27 | ₩784.44 | annually | 2018-04-18 |
2016-12-28 | ₩196.11 | annually | |
2015-12-29 | ₩196.11 | annually | |
2014-12-29 | ₩196.11 | annually | |
2013-12-27 | ₩147.08 | annually |
Boryung Dividend per year
Boryung Dividend growth
Boryung Dividend Yield
Boryung current trailing twelve-month (TTM) dividend yield is 1.03%. Interested in purchasing Boryung stock? Use our calculator to estimate your expected dividend yield:
Boryung Financial Ratios
Boryung Dividend FAQ
Other factors to consider when evaluating Boryung 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.
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1. Determination of Dividend: Boryung'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, Boryung 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, Boryung 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 Boryung 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.
1. Record Date: Boryung 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, Boryung distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Boryung 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.
To assess the safety of Boryung'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 Boryung'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.