Dongwon Metal Co., Ltd. produces and sells automobile parts and steel pipes in the United States, Europe, and Asia. The company offers door frames, door inner assemblies, bumper and impact beams, cowl cross members, fem carriers, battery frames, roll forming products, and press products; and equipment plants, such as roll forming machines, bending machines, welding jigs, and saw cutting machines, as well as automatic production line products. It also provides structural steel pipes for special purposes; aluminum galvanized steel pipes for vehicle structures; square and rectangular steel pipes for general structure purposes; stainless steel pipes for fuel gas piping; high corrosion resistance steel pipes; and steel pipes for hydroforming. In addition, the company offers carbon steel, C section, and spiral weld steel pipes. The company was founded in 1971 and is headquartered in Gyeongsan-si, South Korea.
Dongwon Metal Dividend Announcement
• Dongwon Metal announced a annually dividend of ₩50.00 per ordinary share which will be made payable on . Ex dividend date: 2024-03-28
• Dongwon Metal annual dividend for 2024 was ₩50.00
• Dongwon Metal annual dividend for 2023 was ₩20.00
• Dongwon Metal's trailing twelve-month (TTM) dividend yield is 3.95%
• Dongwon Metal's payout ratio for the trailing twelve months (TTM) is 5.31%
Dongwon Metal Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-28 | ₩50.00 | annually | |
2023-03-30 | ₩20.00 | annually | 2023-07-27 |
2016-03-30 | ₩92.44 | annually | |
2015-03-30 | ₩92.44 | annually | |
2014-03-28 | ₩46.22 | annually | |
2013-03-28 | ₩46.22 | annually | |
2012-03-29 | ₩46.22 | annually | |
2011-03-30 | ₩46.22 | annually | |
2007-03-29 | ₩23.11 | annually | |
2006-03-30 | ₩46.22 | annually | |
2005-03-30 | ₩42.58 | annually | |
2000-03-30 | ₩127.74 | annually |
Dongwon Metal Dividend per year
Dongwon Metal Dividend growth
Dongwon Metal Dividend Yield
Dongwon Metal current trailing twelve-month (TTM) dividend yield is 3.95%. Interested in purchasing Dongwon Metal stock? Use our calculator to estimate your expected dividend yield:
Dongwon Metal Financial Ratios
Dongwon Metal Dividend FAQ
Other factors to consider when evaluating Dongwon Metal 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 Metal'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 Metal 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 Metal 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 Metal 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 Metal 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 Metal 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 Metal 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 Metal'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 Metal'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.