Dongwon Industries Co., Ltd. engages in the marine and fisheries, distribution, and logistics businesses in South Korea and internationally. The company operates 19 tuna purse seiners in the Western and Central Pacific Ocean, and the Indian Ocean to catch skipjack and yellowfin tuna fishes; 16 tuna longliners in the Pacific Ocean and the Indian Ocean to catch yellowfin and bigeye tunas; 1 trawler in the Antarctic Ocean to catch krill and pelagic fish; and 3 reefer carriers. Its harbor operations include the import and export of marine products, frozen fishes, and general cargo. The company also processes and distributes tuna and salmon; and distributes fisheries goods. In addition, it engages in logistics, transportation, and cold storage businesses; and operation of Dongwon Tuna Restaurant, a franchise restaurant. The company was founded in 1969 and is based in Seoul, South Korea. Dongwon Industries Co., Ltd. operates as a subsidiary of Dongwon Enterprise Co., Ltd.
Dongwon Industries Dividend Announcement
• Dongwon Industries announced a annually dividend of ₩852.50 per ordinary share which will be made payable on . Ex dividend date: 2024-03-29
• Dongwon Industries annual dividend for 2024 was ₩852.50
• Dongwon Industries's trailing twelve-month (TTM) dividend yield is 3.19%
• Dongwon Industries's payout ratio for the trailing twelve months (TTM) is 17.05%
Dongwon Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-29 | ₩852.50 | annually | |
2022-12-28 | ₩852.50 | annually | 2023-04-18 |
2021-12-29 | ₩19375.00 | annually | 2022-04-22 |
2020-12-29 | ₩19375.00 | annually | 2021-04-23 |
2019-12-27 | ₩7750.00 | annually | 2020-04-21 |
2018-12-27 | ₩11625.00 | annually | 2019-04-12 |
2017-12-27 | ₩15500.00 | annually | 2018-04-20 |
2016-12-28 | ₩11625.00 | annually | |
2015-12-29 | ₩7750.00 | annually | |
2014-12-29 | ₩7750.00 | annually | |
2013-12-27 | ₩11625.00 | annually | |
2012-12-27 | ₩11625.00 | annually |
Dongwon Industries Dividend per year
Dongwon Industries Dividend growth
Dongwon Industries Dividend Yield
Dongwon Industries current trailing twelve-month (TTM) dividend yield is 3.19%. Interested in purchasing Dongwon Industries stock? Use our calculator to estimate your expected dividend yield:
Dongwon Industries Financial Ratios
Dongwon Industries Dividend FAQ
Other factors to consider when evaluating Dongwon 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.
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1. Determination of Dividend: Dongwon 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, Dongwon 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, Dongwon 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 Dongwon 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: Dongwon 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, Dongwon 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: Dongwon 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 Dongwon 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 Dongwon 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.