Daesung Holdings Co., Ltd. engages in the energy, educational content, and information and communication businesses in South Korea. It supplies city gas to household, business, and industrial customers; and operates power generation, heat supply, landfill gas resource facilities, as well as acts as a consignment agent for city gas customer management, safety management of city gas facilities, construction of city gas supply and facilities, and gas connection construction. The company is also involved in the vehicle fuel retail business; call center outsourcing CRM, ASP, and talent dispatch businesses; and investment business. In addition, it provides distance education services for professionals in the companies and education sites; customized professional training courses for parents, instructors, prospective teachers, and companies; and various courses for foreign language, humanities, leadership, OA, and liberal arts through PC and mobile devices, as well as develops education programs for cooperative learning, strategic thinking, and insight and problem solving. Further, the company offers IT integrated management services, IT outsourcing and system integration services, oracle transaction based recovery solutions, RFID-based CNG charging POS systems, and apartment management ASP services, as well as supplies mobile terminals to retailers. Additionally, it provides VOIP service; and manages Skype services. The company was formerly known as Daegu City Gas Co., Ltd. and changed its name to Daesung Holdings Co., Ltd. in 2009. Daesung Holdings Co., Ltd. was founded in 1983 and is headquartered in Daegu, South Korea.
Daesung Dividend Announcement
• Daesung announced a annually dividend of ₩250.00 per ordinary share which will be made payable on 2024-04-25. Ex dividend date: 2023-12-27
• Daesung annual dividend for 2023 was ₩250.00
• Daesung's trailing twelve-month (TTM) dividend yield is 3.14%
• Daesung's payout ratio for the trailing twelve months (TTM) is 26.51%
Daesung Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-12-27 | ₩250.00 | annually | 2024-04-25 |
| 2022-12-28 | ₩250.00 | annually | 2023-04-26 |
| 2021-12-29 | ₩250.00 | annually | 2022-04-28 |
| 2020-12-29 | ₩250.00 | annually | 2021-04-23 |
| 2019-12-27 | ₩250.00 | annually | 2020-04-22 |
| 2018-12-27 | ₩250.00 | annually | 2019-04-25 |
| 2017-12-27 | ₩250.00 | annually | 2018-04-23 |
| 2016-12-28 | ₩250.00 | annually | |
| 2015-12-29 | ₩250.00 | annually | |
| 2014-12-29 | ₩250.00 | annually | |
| 2013-12-27 | ₩250.00 | annually | |
| 2012-12-27 | ₩250.00 | annually |
Daesung Dividend per year
Daesung Dividend growth
Daesung Dividend Yield
Daesung current trailing twelve-month (TTM) dividend yield is 3.14%. Interested in purchasing Daesung stock? Use our calculator to estimate your expected dividend yield:
Daesung Financial Ratios
P/E ratio5.57
PEG ratio0.67
P/B ratio0.29
ROE5.40%
Payout ratio26.51%
Current ratio1.47
Quick ratio1.46
Cash Ratio0.31
Daesung Dividend FAQ
How much is the next Daesung dividend?
Daesung's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Daesung dividend. The next Daesung dividend will be released in December.
When is Daesung dividend paid?
Daesung 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 Daesung pay?
The specific amount of Daesung 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 Daesung's dividend history.
Does Daesung stock pay dividends?
Yes, Daesung 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 Daesung's dividend history.
How much dividend does Daesung pay?
Daesung paid ₩0 in 2024, ₩250 in 2023, ₩250 in 2022, ₩250 in 2021, and ₩250 in 2020.
How often does Daesung pay dividends?
Daesung 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 Daesung's dividend yield?
The current dividend yield for Daesung is 3.14%. 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 Daesung's exact dividend yield.
When does Daesung go ex dividend?
Daesung's ex-dividend date for the latest dividend was on 2023-12-27. Daesung 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 Daesung dividend paid?
Daesung pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will Daesung 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 Daesung 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 Daesung dividend per share?
Daesung paid ₩0 per share in 2024 and ₩250 per share in 2023. The amount of dividend per share that Daesung 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 Daesung 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 Daesung 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 Daesung a dividend stock?
Yes, Daesung is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Daesung a good dividend stock?
Whether Daesung is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Daesung has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Daesung 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.
Other factors to consider when evaluating Daesung 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 Daesung pay dividends monthly?
Daesung typically pays dividends on a annually basis.
Does Daesung pay dividends quarterly?
Daesung currently pays dividends on a annually basis.
Has Daesung ever paid a dividend?
Yes, Daesung has a history of paying dividends to its shareholders. Daesung is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Daesung dividend stocks?
To buy Daesung 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 Daesung 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.
Place an order: Use the brokerage's trading platform to place an order to buy Daesung 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 Daesung pay dividends 2024?
Daesung pays dividends on a annually basis. 2024 dividend payments are in 2024-04-25. 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 Daesung increase its dividend in 2024?
Decisions regarding Daesung 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 Daesung dividend overview you can look into the above table of dividend history.
How Daesung dividend works?
The Daesung 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 Daesung's dividend process works:
1. Determination of Dividend: Daesung'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, Daesung 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, Daesung 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 Daesung 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. Determination of Dividend: Daesung'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, Daesung 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, Daesung 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 Daesung 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 Daesung dividends paid?
Daesung dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Daesung 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, Daesung distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Daesung 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.
1. Record Date: Daesung 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, Daesung distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Daesung 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 Daesung pay dividends?
Daesung 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 Daesung pay dividends?
The general pattern is that Daesung 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 Daesung dividend safe?
The safety of Daesung'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 Daesung'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 Daesung'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.
To assess the safety of Daesung'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 Daesung'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.