Daiyang Metal Co., Ltd. manufactures and sells steel products worldwide. It offers stainless steel cold rolled plates for the automotive, shipbuilding, construction, machinery, kitchen furniture, home appliances, IT, electronics, and telecom industries. The company was incorporated in 1973 and is headquartered in Yesan-Eup, South Korea.
Daiyang Metal Dividend Announcement
• Daiyang Metal announced a annually dividend of ₩80.03 per ordinary share which will be made payable on . Ex dividend date: 2007-12-27
• Daiyang Metal's trailing twelve-month (TTM) dividend yield is -%
• Daiyang Metal's payout ratio for the trailing twelve months (TTM) is -92.35%
Daiyang Metal Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2007-12-27 | ₩80.03 | annually | |
| 2006-12-27 | ₩88.04 | annually | |
| 2005-12-28 | ₩40.02 | annually | |
| 2004-12-29 | ₩80.03 | annually | |
| 2004-03-30 | ₩60.02 | annually | |
| 2003-03-28 | ₩24.01 | annually | |
| 2000-03-30 | ₩48.02 | annually |
Daiyang Metal Dividend per year
Daiyang Metal Dividend growth
Daiyang Metal Dividend Yield
Daiyang Metal current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Daiyang Metal stock? Use our calculator to estimate your expected dividend yield:
Daiyang Metal Financial Ratios
P/E ratio-14.00
PEG ratio-3.14
P/B ratio2.83
ROE-4.87%
Payout ratio-92.35%
Current ratio2.24
Quick ratio2.24
Cash Ratio0.00
Daiyang Metal Dividend FAQ
Does Daiyang Metal stock pay dividends?
Daiyang Metal does not currently pay dividends to its shareholders.
Has Daiyang Metal ever paid a dividend?
No, Daiyang Metal has no a history of paying dividends to its shareholders. Daiyang Metal is not known for its dividend payments.
Why doesn't Daiyang Metal pay dividends?
There are several potential reasons why Daiyang Metal would choose not to pay dividends to their shareholders:
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Daiyang Metal ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Daiyang Metal has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Daiyang Metal a dividend aristocrat?
Daiyang Metal is not considered a Dividend Aristocrat. 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 Daiyang Metal a dividend king?
Daiyang Metal is not classified as a "Dividend King". 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 Daiyang Metal a dividend stock?
No, Daiyang Metal is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Daiyang Metal stocks?
To buy Daiyang Metal 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 and account minimums.
Place an order: Use the brokerage's trading platform to place an order to buy Daiyang Metal 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 Daiyang Metal 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.