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 2025-04-17. Ex dividend date: 2024-12-27
• DRB annual dividend for 2024 was ₩100.00
• DRB annual dividend for 2023 was ₩100.00
• DRB's trailing twelve-month (TTM) dividend yield is 2.53%
• DRB's payout ratio for the trailing twelve months (TTM) is -172.32%
• 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 |
---|---|---|---|
2024-12-27 | ₩100.00 | annually | 2025-04-17 |
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 |
DRB Dividend per year
DRB Dividend growth
DRB Dividend Yield
DRB current trailing twelve-month (TTM) dividend yield is 2.53%. Interested in purchasing DRB stock? Use our calculator to estimate your expected dividend yield:
DRB Financial Ratios
DRB Dividend FAQ
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.
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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. 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.
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.