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
GAON CABLE Dividend FAQ
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.
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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. 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.
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.