DRB Industrial Co., Ltd. manufactures and distributes rubber belts in Korea. The company offers vehicle sealings, such as glass run/channels, door seals, body seals, tailgate seals, and hood seals; construction materials, including low vibration track systems, ballast mats, platform gap fillers, and fastening systems for railway products; rubber fender, automatic cable cover belt, and accessories for marine products; and submerged gaskets, membranes for tanks, shock mounts, diaphragms, water-proof sheets, sluice seals, gas holders, crash cushions, and door seals for civil engineering and industrial materials, as well as rubber dam, eco-tank, multi-function HDPE catch basin, and intercepted flow control device for eco products. It also provides seismic isolation and vibration control products comprising isolation, damper, and structural systems; power transmission belts, such as wrapped belts, raw edge cogged belts, V-ribbed belts, and timing belts used in industrial, automotive, and agricultural industries. In addition, the company offers conveyor belts, pipe/return pipe conveyor systems, corrugated sidewall conveyor systems, and air floating conveyor systems; and rubber track and undercarriage systems, and rubber pads. Further, it conducts architectural engineering work for performance-based design of structures, seismic isolation vibration control device and structure design, and composite beam design. The company was founded in 1945 and is headquartered in Busan, South Korea.
DRB Industrial Dividend Announcement
• DRB Industrial announced a annually dividend of ₩150.00 per ordinary share which will be made payable on 2024-04-15. Ex dividend date: 2023-12-27
• DRB Industrial annual dividend for 2023 was ₩150.00
• DRB Industrial's trailing twelve-month (TTM) dividend yield is 1.95%
• DRB Industrial's payout ratio for the trailing twelve months (TTM) is 18.92%
• DRB Industrial's dividend growth over the last five years (2018-2023) was 11.65% year
• DRB Industrial's dividend growth over the last ten years (2013-2023) was 16.73% year
DRB Industrial Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-12-27 | ₩150.00 | annually | 2024-04-15 |
| 2022-12-28 | ₩120.00 | annually | 2023-04-14 |
| 2021-12-29 | ₩80.00 | annually | 2022-04-18 |
| 2020-12-29 | ₩98.20 | annually | 2021-04-16 |
| 2019-12-27 | ₩96.04 | annually | 2020-04-22 |
| 2018-12-27 | ₩86.44 | annually | 2019-04-16 |
| 2017-12-27 | ₩74.82 | annually | 2018-04-17 |
| 2016-12-28 | ₩70.62 | annually | |
| 2015-12-29 | ₩51.32 | annually | |
| 2014-12-29 | ₩49.64 | annually | |
| 2013-12-27 | ₩31.94 | annually | |
| 2012-12-27 | ₩26.48 | annually |
DRB Industrial Dividend per year
DRB Industrial Dividend growth
DRB Industrial Dividend Yield
DRB Industrial current trailing twelve-month (TTM) dividend yield is 1.95%. Interested in purchasing DRB Industrial stock? Use our calculator to estimate your expected dividend yield:
DRB Industrial Financial Ratios
P/E ratio9.74
PEG ratio16.59
P/B ratio0.48
ROE4.95%
Payout ratio18.92%
Current ratio1.92
Quick ratio1.67
Cash Ratio0.37
DRB Industrial Dividend FAQ
How much is the next DRB Industrial dividend?
DRB Industrial'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 Industrial dividend. The next DRB Industrial dividend will be released in December.
When is DRB Industrial dividend paid?
DRB Industrial 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 Industrial pay?
The specific amount of DRB Industrial 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 Industrial's dividend history.
Does DRB Industrial stock pay dividends?
Yes, DRB Industrial 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 Industrial's dividend history.
How much dividend does DRB Industrial pay?
DRB Industrial paid ₩0.0 in 2024, ₩150.0 in 2023, ₩120.0 in 2022, ₩80.0 in 2021, and ₩98.201 in 2020.
How often does DRB Industrial pay dividends?
DRB Industrial 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 Industrial's dividend yield?
The current dividend yield for DRB Industrial is 1.95%. 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 Industrial's exact dividend yield.
When does DRB Industrial go ex dividend?
DRB Industrial's ex-dividend date for the latest dividend was on 2023-12-27. DRB Industrial 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 Industrial dividend paid?
DRB Industrial pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will DRB Industrial 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 Industrial 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 Industrial dividend per share?
DRB Industrial paid ₩0.0 per share in 2024 and ₩150.0 per share in 2023. The amount of dividend per share that DRB Industrial 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 Industrial 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 Industrial 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 Industrial a dividend stock?
Yes, DRB Industrial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is DRB Industrial a good dividend stock?
Whether DRB Industrial 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 Industrial has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating DRB Industrial 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 Industrial 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 Industrial pay dividends monthly?
DRB Industrial typically pays dividends on a annually basis.
Does DRB Industrial pay dividends quarterly?
DRB Industrial currently pays dividends on a annually basis.
Has DRB Industrial ever paid a dividend?
Yes, DRB Industrial has a history of paying dividends to its shareholders. DRB Industrial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy DRB Industrial dividend stocks?
To buy DRB Industrial 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 Industrial 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 Industrial 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 Industrial pay dividends 2024?
DRB Industrial 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 Industrial increase its dividend in 2024?
Decisions regarding DRB Industrial 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 Industrial dividend overview you can look into the above table of dividend history.
How DRB Industrial dividend works?
The DRB Industrial 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 Industrial's dividend process works:
1. Determination of Dividend: DRB Industrial'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 Industrial 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 Industrial 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 Industrial 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 Industrial'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 Industrial 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 Industrial 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 Industrial 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 Industrial dividends paid?
DRB Industrial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: DRB Industrial 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 Industrial 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 Industrial 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 Industrial 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 Industrial 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 Industrial 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 Industrial pay dividends?
DRB Industrial 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 Industrial pay dividends?
The general pattern is that DRB Industrial 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 Industrial dividend safe?
The safety of DRB Industrial'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 Industrial'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 Industrial'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 Industrial'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 Industrial'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.