GMB KOREA Corp. manufactures and sells automotive parts in South Korea and internationally. The company offers engine parts, including water pumps, viscous fan clutches, tensioner bearing assemblies, idler bearing assemblies, sockets, and oil pumps; and auto transmission parts, such as spool-valves, manual control shafts, hydraulic pressure pistons, pinion shafts/differential pins, and retainer-U/d brakes. It also provides chassis parts comprising universal joints, tripod joints, steering joints, and cages; bearing parts consisting of ball, water pump, and clutch release bearings; and green energy parts, including electric water pumps. The company was founded in 1979 and is headquartered in Changwon, South Korea.
GMB Korea Dividend Announcement
• GMB Korea announced a annually dividend of ₩150.00 per ordinary share which will be made payable on 2024-04-19. Ex dividend date: 2023-12-27
• GMB Korea annual dividend for 2023 was ₩150.00
• GMB Korea's trailing twelve-month (TTM) dividend yield is 3.87%
• GMB Korea's payout ratio for the trailing twelve months (TTM) is 18.15%
GMB Korea Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-27 | ₩150.00 | annually | 2024-04-19 |
2022-12-28 | ₩80.00 | annually | 2023-04-01 |
2021-12-29 | ₩80.00 | annually | 2022-04-20 |
2019-12-27 | ₩30.00 | annually | 2020-04-20 |
2018-12-27 | ₩30.00 | annually | 2019-04-19 |
2017-12-27 | ₩100.00 | annually | 2018-04-20 |
2016-12-28 | ₩150.00 | annually | |
2015-12-29 | ₩120.00 | annually | |
2014-12-29 | ₩200.00 | annually | |
2013-12-27 | ₩170.00 | annually | |
2012-12-27 | ₩120.00 | annually |
GMB Korea Dividend per year
GMB Korea Dividend growth
GMB Korea Dividend Yield
GMB Korea current trailing twelve-month (TTM) dividend yield is 3.87%. Interested in purchasing GMB Korea stock? Use our calculator to estimate your expected dividend yield:
GMB Korea Financial Ratios
GMB Korea Dividend FAQ
Other factors to consider when evaluating GMB Korea 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: GMB Korea'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, GMB Korea 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, GMB Korea 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 GMB Korea 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: GMB Korea 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, GMB Korea distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: GMB Korea 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 GMB Korea'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 GMB Korea'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.