Daechang Forging Co., Ltd. manufactures and sells various forged products in South Korea and internationally. It offers undercarriage parts for heavy construction equipment, such as excavators and dozers; track group assemblies; track rollers and idlers; segments and sprockets; crankshafts; mini excavators; and other parts. The company was founded in 1955 and is based in Gimhae-si, South Korea.
Daechang Forging Dividend Announcement
• Daechang Forging announced a annually dividend of ₩180.00 per ordinary share which will be made payable on 2024-04-23. Ex dividend date: 2023-12-27 • Daechang Forging annual dividend for 2023 was ₩180.00 • Daechang Forging's trailing twelve-month (TTM) dividend yield is 3.61% • Daechang Forging's payout ratio for the trailing twelve months (TTM) is 15.50% • Daechang Forging's dividend growth over the last five years (2018-2023) was -29.03% year • Daechang Forging's dividend growth over the last ten years (2013-2023) was -15.76% year
Daechang Forging current trailing twelve-month (TTM) dividend yield is 3.61%. Interested in purchasing Daechang Forging stock? Use our calculator to estimate your expected dividend yield:
Daechang Forging Financial Ratios
P/E ratio4.30
PEG ratio-0.70
P/B ratio0.46
ROE11.04%
Payout ratio15.50%
Current ratio5.92
Quick ratio3.61
Cash Ratio0.62
Daechang Forging Dividend FAQ
How much is the next Daechang Forging dividend?
Daechang Forging's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Daechang Forging dividend. The next Daechang Forging dividend will be released in December.
When is Daechang Forging dividend paid?
Daechang Forging 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 Daechang Forging pay?
The specific amount of Daechang Forging 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 Daechang Forging's dividend history.
Does Daechang Forging stock pay dividends?
Yes, Daechang Forging 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 Daechang Forging's dividend history.
How much dividend does Daechang Forging pay?
Daechang Forging paid ₩0.0 in 2024, ₩180.0 in 2023, ₩200.0 in 2022, ₩270.0 in 2021, and ₩180.0 in 2020.
How often does Daechang Forging pay dividends?
Daechang Forging 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 Daechang Forging's dividend yield?
The current dividend yield for Daechang Forging is 3.61%. 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 Daechang Forging's exact dividend yield.
When does Daechang Forging go ex dividend?
Daechang Forging's ex-dividend date for the latest dividend was on 2023-12-27. Daechang Forging 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 Daechang Forging dividend paid?
Daechang Forging pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will Daechang Forging 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 Daechang Forging 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 Daechang Forging dividend per share?
Daechang Forging paid ₩0.0 per share in 2024 and ₩180.0 per share in 2023. The amount of dividend per share that Daechang Forging 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 Daechang Forging 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 Daechang Forging 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 Daechang Forging a dividend stock?
Yes, Daechang Forging is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Daechang Forging a good dividend stock?
Whether Daechang Forging is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Daechang Forging has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Daechang Forging 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 Daechang Forging pay dividends monthly?
Daechang Forging typically pays dividends on a annually basis.
Does Daechang Forging pay dividends quarterly?
Daechang Forging currently pays dividends on a annually basis.
Has Daechang Forging ever paid a dividend?
Yes, Daechang Forging has a history of paying dividends to its shareholders. Daechang Forging is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Daechang Forging dividend stocks?
To buy Daechang Forging 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 Daechang Forging 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 Daechang Forging pay dividends 2024?
Daechang Forging pays dividends on a annually basis. 2024 dividend payments are in 2024-04-23. 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 Daechang Forging increase its dividend in 2024?
Decisions regarding Daechang Forging 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 Daechang Forging dividend overview you can look into the above table of dividend history.
How Daechang Forging dividend works?
The Daechang Forging 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 Daechang Forging's dividend process works:
1. Determination of Dividend: Daechang Forging'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, Daechang Forging 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, Daechang Forging 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 Daechang Forging 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 Daechang Forging dividends paid?
Daechang Forging dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Daechang Forging 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, Daechang Forging distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Daechang Forging 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 Daechang Forging pay dividends?
Daechang Forging 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 Daechang Forging pay dividends?
The general pattern is that Daechang Forging 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 Daechang Forging dividend safe?
The safety of Daechang Forging'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 Daechang Forging'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 Daechang Forging'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.