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Cheil Grinding Wheel Ind. Co., Ltd. manufactures and sells grinding wheel products for industrial grinding, cutting, and finishing applications. The company's products include resin bonded abrasive wheels, such as reinforced cut-off, mini cut-off, circular saw, chopsaw, stationary machine saw, high speed gas/electric saw, non-reinforced cut-off, depressed center, flexible grinding, resin bonded snagging, heavy duty snagging, and roll grinding wheels; and vitrified bonded abrasive wheels comprise general purpose, surface grinding, cylindrical grinding, tool room, mounted point, centerless grinding, crankshaft grinding, and camshaft grinding wheels. Its products also consist of CBN/diamond grinding wheels; rubber regulating abrasive wheels; magnesia and epoxy wheels/discs; mold stones; honing stones; super finishing stones; internal grinding wheels; and barrel stones. The company offers its products through distributors in Asia, the Middle East, Oceania, Canada, the United States, Central and South America, Europe, and Africa. Cheil Grinding Wheel Ind. Co., Ltd. was founded in 1955 and is headquartered in Pohang, South Korea.

Cheil Grinding Wheel Dividend Announcement

Cheil Grinding Wheel announced a annually dividend of ₩300.00 per ordinary share which will be made payable on 2024-04-12. Ex dividend date: 2023-12-27
Cheil Grinding Wheel annual dividend for 2023 was ₩300.00
Cheil Grinding Wheel's trailing twelve-month (TTM) dividend yield is 3.46%
Cheil Grinding Wheel's payout ratio for the trailing twelve months (TTM) is 19.27%
Cheil Grinding Wheel's dividend growth over the last five years (2018-2023) was 8.45% year
Cheil Grinding Wheel's dividend growth over the last ten years (2013-2023) was 4.14% year

Cheil Grinding Wheel Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-12-27₩300.00annually2024-04-12
2022-12-28₩270.00annually2023-04-13
2021-12-29₩270.00annually2022-04-12
2020-12-29₩220.00annually2021-04-12
2019-12-27₩220.00annually2020-04-06
2018-12-27₩200.00annually2019-04-05
2017-12-27₩180.00annually2018-03-27
2016-12-28₩160.00annually
2015-12-29₩160.00annually
2014-12-29₩200.00annually
2013-12-27₩200.00annually
2012-12-27₩160.00annually

Cheil Grinding Wheel Dividend per year

Cheil Grinding Wheel Dividend growth

Cheil Grinding Wheel Dividend Yield

Cheil Grinding Wheel current trailing twelve-month (TTM) dividend yield is 3.46%. Interested in purchasing Cheil Grinding Wheel stock? Use our calculator to estimate your expected dividend yield:

Cheil Grinding Wheel Financial Ratios

P/E ratio5.49
PEG ratio0.13
P/B ratio0.61
ROE11.10%
Payout ratio19.27%
Current ratio7.08
Quick ratio4.34
Cash Ratio1.34

Cheil Grinding Wheel Dividend FAQ

How much is the next Cheil Grinding Wheel dividend?
Cheil Grinding Wheel's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Cheil Grinding Wheel dividend. The next Cheil Grinding Wheel dividend will be released in December.
When is Cheil Grinding Wheel dividend paid?
Cheil Grinding Wheel pays dividends on a 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 Cheil Grinding Wheel pay?
The specific amount of Cheil Grinding Wheel 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 Cheil Grinding Wheel's dividend history.
Does Cheil Grinding Wheel stock pay dividends?
Yes, Cheil Grinding Wheel 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 Cheil Grinding Wheel's dividend history.
How much dividend does Cheil Grinding Wheel pay?
Cheil Grinding Wheel paid ₩0 in 2024, ₩300 in 2023, ₩270 in 2022, ₩270 in 2021, and ₩220 in 2020.
How often does Cheil Grinding Wheel pay dividends?
Cheil Grinding Wheel typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around December.
What is Cheil Grinding Wheel's dividend yield?
The current dividend yield for Cheil Grinding Wheel is 3.46%. 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 Cheil Grinding Wheel's exact dividend yield.
When does Cheil Grinding Wheel go ex dividend?
Cheil Grinding Wheel's ex-dividend date for the latest dividend was on 2023-12-27. Cheil Grinding Wheel 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 Cheil Grinding Wheel dividend paid?
Cheil Grinding Wheel pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will Cheil Grinding Wheel 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 Cheil Grinding Wheel 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 Cheil Grinding Wheel dividend per share?
Cheil Grinding Wheel paid ₩0 per share in 2024 and ₩300 per share in 2023. The amount of dividend per share that Cheil Grinding Wheel 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 Cheil Grinding Wheel 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 Cheil Grinding Wheel 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 Cheil Grinding Wheel a dividend stock?
Yes, Cheil Grinding Wheel is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Cheil Grinding Wheel a good dividend stock?
Whether Cheil Grinding Wheel is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Cheil Grinding Wheel has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Cheil Grinding Wheel 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 Cheil Grinding Wheel pay dividends monthly?
Cheil Grinding Wheel typically pays dividends on a annually basis.
Does Cheil Grinding Wheel pay dividends quarterly?
Cheil Grinding Wheel currently pays dividends on a annually basis.
Has Cheil Grinding Wheel ever paid a dividend?
Yes, Cheil Grinding Wheel has a history of paying dividends to its shareholders. Cheil Grinding Wheel is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Cheil Grinding Wheel dividend stocks?
To buy Cheil Grinding Wheel 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 Cheil Grinding Wheel 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 Cheil Grinding Wheel pay dividends 2024?
Cheil Grinding Wheel pays dividends on a annually basis. 2024 dividend payments are in 2024-04-12. 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 Cheil Grinding Wheel increase its dividend in 2024?
Decisions regarding Cheil Grinding Wheel 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 Cheil Grinding Wheel dividend overview you can look into the above table of dividend history.
How Cheil Grinding Wheel dividend works?
The Cheil Grinding Wheel 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 Cheil Grinding Wheel's dividend process works:

1. Determination of Dividend: Cheil Grinding Wheel'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, Cheil Grinding Wheel 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, Cheil Grinding Wheel 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 Cheil Grinding Wheel 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 Cheil Grinding Wheel dividends paid?
Cheil Grinding Wheel dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Cheil Grinding Wheel 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, Cheil Grinding Wheel distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Cheil Grinding Wheel 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 Cheil Grinding Wheel pay dividends?
Cheil Grinding Wheel typically pays dividends on a 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 Cheil Grinding Wheel pay dividends?
The general pattern is that Cheil Grinding Wheel 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 Cheil Grinding Wheel dividend safe?
The safety of Cheil Grinding Wheel'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 Cheil Grinding Wheel'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 Cheil Grinding Wheel'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.