Chosun Refractories Co.,Ltd. manufactures and sells various refractory products in South Korea and internationally. The company offers alumina, fireclay, silicon carbide, acid-proof and heat-resistant, insulating fire, and magcarbon bricks; castable, gunning, plastic, ramming mix and induction furnace stamping, blast furnace runner, ladle and tundish, flame-gunning repair, and mortar refractory products, as well as casting blocks; slide gate valve systems; shroud and submerged nozzles, and long stoppers. It also provides refractories engineering services, such as design, construction, S/V, and supervision. In addition, supplies refractories for heavy chemical industries, including steel, iron, and cement manufacturers; and designs, manufactures, constructs, and A/S of furnaces for steel, iron, nonferrous metals, and petrochemical plants. The company was formerly known as Chosun refractories Chemical Industry Co., Ltd. and changed its name to Chosun Refractories Co.,Ltd. in April 1993. Chosun Refractories Co.,Ltd. was founded in 1947 and is headquartered in Gwangyang, South Korea.
Chosun Refractories Dividend Announcement
• Chosun Refractories announced a semi annually dividend of ₩410.00 per ordinary share which will be made payable on 2025-03-28. Ex dividend date: 2024-12-27
• Chosun Refractories annual dividend for 2024 was ₩610.00
• Chosun Refractories annual dividend for 2023 was ₩410.00
• Chosun Refractories's trailing twelve-month (TTM) dividend yield is 10.8%
• Chosun Refractories's payout ratio for the trailing twelve months (TTM) is 1241.81%
• Chosun Refractories's dividend growth over the last five years (2018-2023) was -36.59% year
• Chosun Refractories's dividend growth over the last ten years (2013-2023) was -20.37% year
Chosun Refractories Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-27 | ₩410.00 | semi annually | 2025-03-28 |
2024-07-08 | ₩200.00 | semi annually | 2024-07-30 |
2023-12-27 | ₩410.00 | semi annually | 2024-03-28 |
2022-12-28 | ₩4500.00 | semi annually | 2023-04-06 |
2021-12-29 | ₩4500.00 | semi annually | 2022-03-30 |
2020-12-29 | ₩4200.00 | semi annually | 2021-03-30 |
2019-12-27 | ₩4000.00 | semi annually | 2020-03-30 |
2018-12-27 | ₩4000.00 | semi annually | 2019-03-25 |
2017-12-27 | ₩3500.00 | semi annually | 2018-03-26 |
2016-12-28 | ₩3500.00 | semi annually | |
2015-12-29 | ₩4000.00 | semi annually | |
2014-12-29 | ₩4000.00 | semi annually | |
2013-12-27 | ₩4000.00 | semi annually |
Chosun Refractories Dividend per year
Chosun Refractories Dividend growth
Chosun Refractories Dividend Yield
Chosun Refractories current trailing twelve-month (TTM) dividend yield is 10.8%. Interested in purchasing Chosun Refractories stock? Use our calculator to estimate your expected dividend yield:
Chosun Refractories Financial Ratios
Chosun Refractories Dividend FAQ
Other factors to consider when evaluating Chosun Refractories 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: Chosun Refractories'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, Chosun Refractories 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, Chosun Refractories 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 Chosun Refractories 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: Chosun Refractories 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, Chosun Refractories distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Chosun Refractories 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 Chosun Refractories'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 Chosun Refractories'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.