Hankook Shell Oil Co., Ltd. engages in the manufacture, blending, distribution, and marketing of lubricating oils and greases, and other petroleum products and associated products in South Korea. It also provides technical services and other services to its products. The company was formerly known as Keuk Dong Shell Oil Refinery Co., Ltd. The company was founded in 1960 and is headquartered in Busan, South Korea. Hankook Shell Oil Co., Ltd. is a subsidiary of Royal Dutch Shell plc.
Hankook Shell Oil Dividend Announcement
• Hankook Shell Oil announced a annually dividend of ₩2000.00 per ordinary share which will be made payable on 2024-08-16. Ex dividend date: 2024-06-27
• Hankook Shell Oil annual dividend for 2024 was ₩2000.00
• Hankook Shell Oil annual dividend for 2023 was ₩25000.00
• Hankook Shell Oil's trailing twelve-month (TTM) dividend yield is 7.99%
• Hankook Shell Oil's payout ratio for the trailing twelve months (TTM) is 84.60%
• Hankook Shell Oil's dividend growth over the last five years (2018-2023) was 5.64% year
• Hankook Shell Oil's dividend growth over the last ten years (2013-2023) was 2.26% year
Hankook Shell Oil Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-27 | ₩2000.00 | annually | 2024-08-16 |
2023-12-27 | ₩25000.00 | annually | 2024-04-18 |
2022-12-28 | ₩18000.00 | annually | 2023-04-20 |
2021-12-29 | ₩19000.00 | annually | 2022-04-21 |
2020-12-29 | ₩14000.00 | annually | 2021-04-22 |
2019-12-27 | ₩16000.00 | annually | 2020-04-23 |
2018-12-27 | ₩17000.00 | annually | 2019-04-18 |
2018-06-28 | ₩2000.00 | annually | 2018-08-16 |
2017-12-27 | ₩17000.00 | annually | 2018-04-19 |
2016-12-28 | ₩17000.00 | annually | |
2016-06-29 | ₩2000.00 | annually | |
2015-12-29 | ₩18000.00 | annually | |
2015-06-29 | ₩2000.00 | annually | |
2014-12-29 | ₩17000.00 | annually | |
2014-06-27 | ₩2000.00 | annually | |
2013-12-27 | ₩18000.00 | annually | |
2013-06-27 | ₩2000.00 | annually |
Hankook Shell Oil Dividend per year
Hankook Shell Oil Dividend growth
Hankook Shell Oil Dividend Yield
Hankook Shell Oil current trailing twelve-month (TTM) dividend yield is 7.99%. Interested in purchasing Hankook Shell Oil stock? Use our calculator to estimate your expected dividend yield:
Hankook Shell Oil Financial Ratios
Hankook Shell Oil Dividend FAQ
Other factors to consider when evaluating Hankook Shell Oil 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: Hankook Shell Oil'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, Hankook Shell Oil 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, Hankook Shell Oil 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 Hankook Shell Oil 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: Hankook Shell Oil 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, Hankook Shell Oil distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hankook Shell Oil 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 Hankook Shell Oil'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 Hankook Shell Oil'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.