Dongil Industries Co.,Ltd. operates in the steel industry in South Korea. It manufactures hot rolled steel bars; cold drawn bars used in manufacturing parts for automobiles and industrial machinery, and electronic appliances; and CHQ wires used in manufacturing materials for fastener industries and automotive parts. The company also provides peeled bars that are used as parts in cold forged automotive parts, cylinders, and shafts of heavy equipment; and abrasive steel rods used for products that control the burnout of the surface, such as LM guide. In addition, it offers ferro alloys; and steel casting products for excavators and wheel loaders, as well as abrasion resistant steel products. Dongil Industries Co.,Ltd. was founded in 1946 and is based in Pohang, South Korea.
Dongil Industries Dividend Announcement
• Dongil Industries announced a annually dividend of ₩1000.00 per ordinary share which will be made payable on 2025-04-07. Ex dividend date: 2024-12-27
• Dongil Industries annual dividend for 2024 was ₩1000.00
• Dongil Industries annual dividend for 2023 was ₩1000.00
• Dongil Industries's trailing twelve-month (TTM) dividend yield is 2.56%
• Dongil Industries's payout ratio for the trailing twelve months (TTM) is 59.72%
• Dongil Industries's dividend growth over the last five years (2018-2023) was -7.79% year
• Dongil Industries's dividend growth over the last ten years (2013-2023) was 2.92% year
Dongil Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-27 | ₩1000.00 | annually | 2025-04-07 |
2023-12-27 | ₩1000.00 | annually | 2024-04-05 |
2022-12-28 | ₩3000.00 | annually | 2023-04-07 |
2021-12-29 | ₩4000.00 | annually | 2022-04-08 |
2020-12-29 | ₩1800.00 | annually | 2021-04-08 |
2019-12-27 | ₩750.00 | annually | 2020-04-09 |
2018-12-27 | ₩1500.00 | annually | 2019-04-04 |
2017-12-27 | ₩1700.00 | annually | 2018-04-06 |
2016-12-28 | ₩1200.00 | annually | |
2015-12-29 | ₩600.00 | annually | |
2014-12-29 | ₩1000.00 | annually | |
2013-12-27 | ₩750.00 | annually |
Dongil Industries Dividend per year
Dongil Industries Dividend growth
Dongil Industries Dividend Yield
Dongil Industries current trailing twelve-month (TTM) dividend yield is 2.56%. Interested in purchasing Dongil Industries stock? Use our calculator to estimate your expected dividend yield:
Dongil Industries Financial Ratios
Dongil Industries Dividend FAQ
Other factors to consider when evaluating Dongil Industries 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.
Place an order: Use the brokerage's trading platform to place an order to buy Dongil Industries 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.
1. Determination of Dividend: Dongil Industries'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, Dongil Industries 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, Dongil Industries 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 Dongil Industries 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: Dongil Industries 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, Dongil Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dongil Industries 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 Dongil Industries'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 Dongil Industries'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.