Dongsung Chemical Co., Ltd. manufactures and sells chemical products in South Korea and internationally. The company offers petrochemicals and performance solvents, including paraffin, naphthene, aliphatic, and de-aromatic solvents, which are used in manufacturing general catalyst carrier, edible oil extraction, clearing agents, gravure ink, insulating varnish, thinning agents, urethane, and rubber release agents and tires; functional solvents used in various industries; and monomer and glycol types of products. It also provides fine chemicals, such as polymerization initiators comprising LDPE, PVC, PS, ABS, acrylate, paint resins, crosslinking agents, curing agents, and reforming agents, as well as ester, acyl, alkyl, ketal, and carbonate types of organic peroxides; and organic peroxides of the butyl group used in the special synthesis industry. In addition, the company offers thermoplastic polyurethane products comprising polyester polyol, TPUs for forming, and TPUs for coating and adhesion for use in synthetic leathers, paints, shoes, and elastomers, as well as automotive, architecture, and leisure industries under the K-series, NEOTHANE, NEOACE, NEOSTANE, and NEOTIE names. Further, it provides specialty chemicals, including blowing agents, coke/coal/others, aramid, and polyurethane. Additionally, the company offers water tanks and SMC materials; and waterproof, ceiling, and lightweight wall panels. The company was formerly known as DongSung Corporation and changed its name to Dongsung Chemical Co., Ltd. in April 2021. Dongsung Chemical Co., Ltd. was founded in 1959 and is based in Seoul, South Korea.
Dongsung Chemical Dividend Announcement
• Dongsung Chemical announced a annually dividend of ₩200.00 per ordinary share which will be made payable on 2024-04-24. Ex dividend date: 2023-12-27
• Dongsung Chemical annual dividend for 2023 was ₩200.00
• Dongsung Chemical's trailing twelve-month (TTM) dividend yield is 4.6%
• Dongsung Chemical's payout ratio for the trailing twelve months (TTM) is 46.23%
• Dongsung Chemical's dividend growth over the last ten years (2013-2023) was 7.18% year
Dongsung Chemical Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-12-27 | ₩200.00 | annually | 2024-04-24 |
| 2022-12-28 | ₩200.00 | annually | 2023-04-25 |
| 2021-12-29 | ₩200.00 | annually | 2022-04-21 |
| 2020-12-29 | ₩250.00 | annually | 2021-04-09 |
| 2019-12-27 | ₩200.00 | annually | 2020-04-22 |
| 2018-12-27 | ₩200.00 | annually | 2019-04-25 |
| 2017-12-27 | ₩200.00 | annually | 2018-04-25 |
| 2016-12-28 | ₩200.00 | annually | |
| 2015-12-29 | ₩200.00 | annually | |
| 2014-12-29 | ₩170.00 | annually | |
| 2013-12-27 | ₩100.00 | annually | |
| 2012-12-27 | ₩100.00 | annually |
Dongsung Chemical Dividend per year
Dongsung Chemical Dividend growth
Dongsung Chemical Dividend Yield
Dongsung Chemical current trailing twelve-month (TTM) dividend yield is 4.6%. Interested in purchasing Dongsung Chemical stock? Use our calculator to estimate your expected dividend yield:
Dongsung Chemical Financial Ratios
P/E ratio4.97
PEG ratio0.30
P/B ratio0.51
ROE10.56%
Payout ratio46.23%
Current ratio1.40
Quick ratio0.84
Cash Ratio0.28
Dongsung Chemical Dividend FAQ
How much is the next Dongsung Chemical dividend?
Dongsung Chemical's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Dongsung Chemical dividend. The next Dongsung Chemical dividend will be released in December.
When is Dongsung Chemical dividend paid?
Dongsung Chemical 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 Dongsung Chemical pay?
The specific amount of Dongsung Chemical 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 Dongsung Chemical's dividend history.
Does Dongsung Chemical stock pay dividends?
Yes, Dongsung Chemical 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 Dongsung Chemical's dividend history.
How much dividend does Dongsung Chemical pay?
Dongsung Chemical paid ₩0 in 2024, ₩200 in 2023, ₩200 in 2022, ₩200 in 2021, and ₩250 in 2020.
How often does Dongsung Chemical pay dividends?
Dongsung Chemical 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 Dongsung Chemical's dividend yield?
The current dividend yield for Dongsung Chemical is 4.6%. 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 Dongsung Chemical's exact dividend yield.
When does Dongsung Chemical go ex dividend?
Dongsung Chemical's ex-dividend date for the latest dividend was on 2023-12-27. Dongsung Chemical 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 Dongsung Chemical dividend paid?
Dongsung Chemical pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will Dongsung Chemical 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 Dongsung Chemical 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 Dongsung Chemical dividend per share?
Dongsung Chemical paid ₩0 per share in 2024 and ₩200 per share in 2023. The amount of dividend per share that Dongsung Chemical 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 Dongsung Chemical 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 Dongsung Chemical 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 Dongsung Chemical a dividend stock?
Yes, Dongsung Chemical is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Dongsung Chemical a good dividend stock?
Whether Dongsung Chemical is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Dongsung Chemical has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Dongsung Chemical 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 Dongsung Chemical 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 Dongsung Chemical pay dividends monthly?
Dongsung Chemical typically pays dividends on a annually basis.
Does Dongsung Chemical pay dividends quarterly?
Dongsung Chemical currently pays dividends on a annually basis.
Has Dongsung Chemical ever paid a dividend?
Yes, Dongsung Chemical has a history of paying dividends to its shareholders. Dongsung Chemical is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Dongsung Chemical dividend stocks?
To buy Dongsung Chemical 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 Dongsung Chemical 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 Dongsung Chemical 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 Dongsung Chemical pay dividends 2024?
Dongsung Chemical pays dividends on a annually basis. 2024 dividend payments are in 2024-04-24. 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 Dongsung Chemical increase its dividend in 2024?
Decisions regarding Dongsung Chemical 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 Dongsung Chemical dividend overview you can look into the above table of dividend history.
How Dongsung Chemical dividend works?
The Dongsung Chemical 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 Dongsung Chemical's dividend process works:
1. Determination of Dividend: Dongsung Chemical'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, Dongsung Chemical 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, Dongsung Chemical 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 Dongsung Chemical 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: Dongsung Chemical'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, Dongsung Chemical 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, Dongsung Chemical 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 Dongsung Chemical 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 Dongsung Chemical dividends paid?
Dongsung Chemical dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Dongsung Chemical 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, Dongsung Chemical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dongsung Chemical 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: Dongsung Chemical 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, Dongsung Chemical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dongsung Chemical 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 Dongsung Chemical pay dividends?
Dongsung Chemical 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 Dongsung Chemical pay dividends?
The general pattern is that Dongsung Chemical 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 Dongsung Chemical dividend safe?
The safety of Dongsung Chemical'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 Dongsung Chemical'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 Dongsung Chemical'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 Dongsung Chemical'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 Dongsung Chemical'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.