GAON CABLE Co., Ltd., a cable company, provides industrial power cables in South Korea. The company offers power cables, including extra-high voltage cables, such as XLPE insulation cables; overhead lines comprising overhead transmission lines, optical fiber composite overhead ground wire, overhead distribution lines, and trolley wires/messenger wires; MV/LV cables consisting of MV/LV power cables, control cables, fire protection cables, and insulated wires; and industrial specialty cables, including marine/offshore cables. It also provides telecom cables, such as local area network (LAN), including LAN cables and components; optical communication products consisting of optical cables and components, and pre-connectorized cables; and other communication cables comprising hybrid cables, CATV cables, CPEV cables, and PVC-insulated telephone jumper wires. In addition, the company offers materials, such as copper rods and oxygen free copper products; intelligent wiring solutions, including aluminum clad flex cables and smart wiring systems; and integral pipeline systems comprising threadless conduits and one-touch joint for water pipes. Its products are used in power network, building/home, plant, railway, port/airport, wind farm, marine/offshore, and broadband communication applications. The company was formerly known as Kukje Electric Wire Co., Ltd. and changed its name to GAON CABLE Co., Ltd. in September 2004. GAON CABLE Co., Ltd. was founded in 1947 and is headquartered in Anyang, South Korea.
GAON CABLE Dividend Announcement
• GAON CABLE announced a annually dividend of ₩50.00 per ordinary share which will be made payable on 2023-04-07. Ex dividend date: 2022-12-28
• GAON CABLE's trailing twelve-month (TTM) dividend yield is -%
GAON CABLE Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2022-12-28 | ₩50.00 | annually | 2023-04-07 |
| 2021-12-29 | ₩332.85 | annually | 2022-04-07 |
| 2020-12-29 | ₩475.50 | annually | 2021-04-16 |
| 2019-12-27 | ₩475.50 | annually | 2020-04-10 |
| 2018-12-27 | ₩475.50 | annually | 2019-04-12 |
| 2017-12-27 | ₩475.50 | annually | 2018-04-12 |
| 2016-12-28 | ₩475.50 | annually | |
| 2015-12-29 | ₩475.50 | annually | |
| 2014-12-29 | ₩475.50 | annually | |
| 2013-12-27 | ₩792.50 | annually | |
| 2012-12-27 | ₩475.50 | annually | |
| 2011-12-28 | ₩396.25 | annually |
GAON CABLE Dividend per year
GAON CABLE Dividend growth
GAON CABLE Dividend Yield
GAON CABLE current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing GAON CABLE stock? Use our calculator to estimate your expected dividend yield:
GAON CABLE Financial Ratios
P/E ratio15.96
PEG ratio0.15
P/B ratio0.88
ROE5.79%
Payout ratio0.00%
Current ratio1.38
Quick ratio1.38
Cash Ratio0.00
GAON CABLE Dividend FAQ
How much is the next GAON CABLE dividend?
GAON CABLE's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next GAON CABLE dividend. The next GAON CABLE dividend will be released in December.
When is GAON CABLE dividend paid?
GAON CABLE 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 GAON CABLE pay?
The specific amount of GAON CABLE 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 GAON CABLE's dividend history.
Does GAON CABLE stock pay dividends?
Yes, GAON CABLE 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 GAON CABLE's dividend history.
How much dividend does GAON CABLE pay?
GAON CABLE paid ₩0.0 in 2024, ₩0.0 in 2023, ₩50.0 in 2022, ₩332.849 in 2021, and ₩475.498 in 2020.
How often does GAON CABLE pay dividends?
GAON CABLE 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 GAON CABLE's dividend yield?
The current dividend yield for GAON CABLE is -%. 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 GAON CABLE's exact dividend yield.
When does GAON CABLE go ex dividend?
GAON CABLE's ex-dividend date for the latest dividend was on 2022-12-28. GAON CABLE 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 GAON CABLE dividend paid?
GAON CABLE pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will GAON CABLE 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 GAON CABLE 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 GAON CABLE dividend per share?
GAON CABLE paid ₩0.0 per share in 2024 and ₩0.0 per share in 2023. The amount of dividend per share that GAON CABLE 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 GAON CABLE 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 GAON CABLE 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 GAON CABLE a dividend stock?
Yes, GAON CABLE is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is GAON CABLE a good dividend stock?
Whether GAON CABLE is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. GAON CABLE has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating GAON CABLE 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 GAON CABLE 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 GAON CABLE pay dividends monthly?
GAON CABLE typically pays dividends on a annually basis.
Does GAON CABLE pay dividends quarterly?
GAON CABLE currently pays dividends on a annually basis.
Has GAON CABLE ever paid a dividend?
Yes, GAON CABLE has a history of paying dividends to its shareholders. GAON CABLE is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy GAON CABLE dividend stocks?
To buy GAON CABLE 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 GAON CABLE 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 GAON CABLE 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 GAON CABLE pay dividends 2024?
GAON CABLE pays dividends on a annually basis. 2024 dividend payments are in 2023-04-07. 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 GAON CABLE increase its dividend in 2024?
Decisions regarding GAON CABLE 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 GAON CABLE dividend overview you can look into the above table of dividend history.
How GAON CABLE dividend works?
The GAON CABLE 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 GAON CABLE's dividend process works:
1. Determination of Dividend: GAON CABLE'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, GAON CABLE 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, GAON CABLE 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 GAON CABLE 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: GAON CABLE'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, GAON CABLE 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, GAON CABLE 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 GAON CABLE 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 GAON CABLE dividends paid?
GAON CABLE dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: GAON CABLE 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, GAON CABLE distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: GAON CABLE 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: GAON CABLE 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, GAON CABLE distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: GAON CABLE 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 GAON CABLE pay dividends?
GAON CABLE 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 GAON CABLE pay dividends?
The general pattern is that GAON CABLE 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 GAON CABLE dividend safe?
The safety of GAON CABLE'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 GAON CABLE'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 GAON CABLE'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 GAON CABLE'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 GAON CABLE'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.