DRB Holding Co., Ltd. manufactures and sells vehicle sealing products, construction materials, and seismic isolation and vibration controls in South Korea and internationally. It provides glass run/channels, as well as door, body, tailgate, and hood seals. The company also offers railway products, such as low vibration track systems, ballast mats, platform gap fillers, and rail fastening systems; marine products, including rubber fenders, automatic cable cover belts, and marine accessories; eco-products comprising rubber dams, eco-tanks, multi-function HDPE catch basins, and intercepted flow control devices; and civil engineering and industrial materials, such as submerged gaskets, membranes for tanks, shock mounts, diaphragms, water-proof sheets, sluice seals, gas holders, crash cushions, and door seals. In addition, it provides isolation systems, such as natural, lead, and high damping rubber bearings; damper systems, including easy/MEED, lintel-type vibration control, SSF, and door and window-type dampers; and structural systems comprising composite beam systems, as well as engineering services. Further, the company offers power transmission belts, which include industrial, automotive, agricultural, and specialty belts; conveyor belts and systems; and rubber tracks and pads. Additionally, it sells its products online. DRB Holding Co., Ltd. was founded in 1945 and is headquartered in Busan, South Korea.
DRB Dividend Announcement
• DRB announced a annually dividend of ₩100.00 per ordinary share which will be made payable on 2024-04-15. Ex dividend date: 2023-12-27
• DRB annual dividend for 2023 was ₩100.00
• DRB's trailing twelve-month (TTM) dividend yield is 1.92%
• DRB's payout ratio for the trailing twelve months (TTM) is 122.74%
• DRB's dividend growth over the last five years (2018-2023) was -1.89% year
• DRB's dividend growth over the last ten years (2013-2023) was 11.44% year
DRB Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-12-27 | ₩100.00 | annually | 2024-04-15 |
| 2022-12-28 | ₩40.00 | annually | 2023-04-14 |
| 2021-12-29 | ₩30.00 | annually | 2022-04-18 |
| 2020-12-29 | ₩50.00 | annually | 2021-04-16 |
| 2019-12-27 | ₩100.00 | annually | 2020-04-22 |
| 2018-12-27 | ₩110.00 | annually | 2019-04-16 |
| 2017-12-27 | ₩97.67 | annually | 2018-04-17 |
| 2016-12-28 | ₩74.11 | annually | |
| 2015-12-29 | ₩54.02 | annually | |
| 2014-12-29 | ₩52.43 | annually | |
| 2013-12-27 | ₩33.86 | annually | |
| 2012-12-27 | ₩28.14 | annually |
DRB Dividend per year
DRB Dividend growth
DRB Dividend Yield
DRB current trailing twelve-month (TTM) dividend yield is 1.92%. Interested in purchasing DRB stock? Use our calculator to estimate your expected dividend yield:
DRB Financial Ratios
P/E ratio30.68
PEG ratio0.06
P/B ratio0.26
ROE0.85%
Payout ratio122.74%
Current ratio1.30
Quick ratio0.94
Cash Ratio0.34
DRB Dividend FAQ
How much is the next DRB dividend?
DRB's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next DRB dividend. The next DRB dividend will be released in December.
When is DRB dividend paid?
DRB 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 DRB pay?
The specific amount of DRB 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 DRB's dividend history.
Does DRB stock pay dividends?
Yes, DRB 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 DRB's dividend history.
How much dividend does DRB pay?
DRB paid ₩0.0 in 2024, ₩100.0 in 2023, ₩40.0 in 2022, ₩30.0 in 2021, and ₩50.0 in 2020.
How often does DRB pay dividends?
DRB 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 DRB's dividend yield?
The current dividend yield for DRB is 1.92%. 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 DRB's exact dividend yield.
When does DRB go ex dividend?
DRB's ex-dividend date for the latest dividend was on 2023-12-27. DRB 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 DRB dividend paid?
DRB pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will DRB 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 DRB 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 DRB dividend per share?
DRB paid ₩0.0 per share in 2024 and ₩100.0 per share in 2023. The amount of dividend per share that DRB 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 DRB 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 DRB 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 DRB a dividend stock?
Yes, DRB is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is DRB a good dividend stock?
Whether DRB is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. DRB has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating DRB 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 DRB 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 DRB pay dividends monthly?
DRB typically pays dividends on a annually basis.
Does DRB pay dividends quarterly?
DRB currently pays dividends on a annually basis.
Has DRB ever paid a dividend?
Yes, DRB has a history of paying dividends to its shareholders. DRB is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy DRB dividend stocks?
To buy DRB 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 DRB 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 DRB 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 DRB pay dividends 2024?
DRB pays dividends on a annually basis. 2024 dividend payments are in 2024-04-15. 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 DRB increase its dividend in 2024?
Decisions regarding DRB 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 DRB dividend overview you can look into the above table of dividend history.
How DRB dividend works?
The DRB 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 DRB's dividend process works:
1. Determination of Dividend: DRB'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, DRB 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, DRB 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 DRB 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: DRB'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, DRB 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, DRB 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 DRB 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 DRB dividends paid?
DRB dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: DRB 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, DRB distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: DRB 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: DRB 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, DRB distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: DRB 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 DRB pay dividends?
DRB 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 DRB pay dividends?
The general pattern is that DRB 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 DRB dividend safe?
The safety of DRB'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 DRB'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 DRB'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 DRB'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 DRB'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.