Daewon Kang Up Co., Ltd. develops, produces, and sells suspension springs and seats in South Korea and internationally. The company offers suspension springs, including coil and leaf springs, stabilizer and torsion bars, and air springs, as well as air and pusher axle suspension kits for automobile makers; and coil insert, tension bar connection, and test equipment for springs. It also provides precision springs, such as engine valve springs and cotters, curved springs, return springs, die springs, and precision wire and disc springs, as well as flat and snap rings, and IT components for use in auto parts, electronic products, industrial machinery, civil construction parts, and high precision IT parts. In addition, the company offers seats for automobiles, subway trains, trains, heavy equipment, and other industries; manufacturing equipment for coil and leaf springs, and stabilizer bars; peelers, testing equipment for springs, and engineering services; equipment for materials processing and engineering services; and adjusters, recliners, pumping devices, headrests, magnesium frames, and set assemblies. The company was founded in 1946 and is headquartered in Cheonan-si, South Korea.
Daewon Kang Up Dividend Announcement
• Daewon Kang Up announced a annually dividend of ₩110.00 per ordinary share which will be made payable on 2024-04-24. Ex dividend date: 2023-12-27
• Daewon Kang Up annual dividend for 2023 was ₩110.00
• Daewon Kang Up's trailing twelve-month (TTM) dividend yield is 2.81%
• Daewon Kang Up's payout ratio for the trailing twelve months (TTM) is 126.22%
• Daewon Kang Up's dividend growth over the last five years (2018-2023) was -0.89% year
• Daewon Kang Up's dividend growth over the last ten years (2013-2023) was -0.87% year
Daewon Kang Up Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-27 | ₩110.00 | annually | 2024-04-24 |
2022-12-28 | ₩100.00 | annually | 2023-04-21 |
2021-12-29 | ₩100.00 | annually | 2022-03-23 |
2020-12-29 | ₩100.00 | annually | 2021-03-24 |
2019-12-27 | ₩115.00 | annually | 2020-03-25 |
2018-12-27 | ₩115.00 | annually | 2019-03-20 |
2017-12-27 | ₩115.00 | annually | 2018-04-03 |
2016-12-28 | ₩125.00 | annually | |
2015-12-29 | ₩125.00 | annually | |
2014-12-29 | ₩120.00 | annually | |
2013-12-27 | ₩120.00 | annually | |
2012-12-27 | ₩110.00 | annually |
Daewon Kang Up Dividend per year
Daewon Kang Up Dividend growth
Daewon Kang Up Dividend Yield
Daewon Kang Up current trailing twelve-month (TTM) dividend yield is 2.81%. Interested in purchasing Daewon Kang Up stock? Use our calculator to estimate your expected dividend yield:
Daewon Kang Up Financial Ratios
Daewon Kang Up Dividend FAQ
Other factors to consider when evaluating Daewon Kang Up 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: Daewon Kang Up'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, Daewon Kang Up 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, Daewon Kang Up 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 Daewon Kang Up 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: Daewon Kang Up 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, Daewon Kang Up distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Daewon Kang Up 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 Daewon Kang Up'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 Daewon Kang Up'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.