Hanon Systems manufactures, distributes, and sells automotive thermal and energy management solutions for conventional, electric, hybrid, fuel cell, and autonomous vehicles in South Korea, Europe, Asia, and the Americas. The company offers heating ventilation, and air conditioning (HVAC) systems; and radiators, compressors and clutches, charge air coolers, exhaust gas recirculation modules, electronic coolant pumps and valves, electronic waste gate actuators, cold storage evaporator, and electronic throttle bodies. It also provides fluid transport products, including refrigerant lines, coolant lines, transmission oil cooler lines, accumulators, receiver driers, internal heat exchangers, and metal seal fittings. In addition, the company offers automatic and manual front and rear temperature controls that operate the HVAC systems; cluster ion generators; and cooling modules, such as radiators, condensers, fans, and shrouds. Further, it is involved in the development, technology consultation, import, and export of auto parts. The company was formerly known as Halla Visteon Climate Control Corporation and changed its name to Hanon Systems in August 2015. Hanon Systems was founded in 1986 and is headquartered in Daejeon, South Korea. Hanon Systems is a subsidiary of Hahn & Co. Auto Holdings Co., Ltd.
Hanon Systems Dividend Announcement
• Hanon Systems announced a quarterly dividend of ₩90.00 per ordinary share which will be made payable on 2024-08-26. Ex dividend date: 2024-06-27
• Hanon Systems annual dividend for 2024 was ₩180.00
• Hanon Systems annual dividend for 2023 was ₩316.00
• Hanon Systems's trailing twelve-month (TTM) dividend yield is 6.15%
• Hanon Systems's payout ratio for the trailing twelve months (TTM) is -101.41%
• Hanon Systems's dividend growth over the last five years (2018-2023) was -0.25% year
• Hanon Systems's dividend growth over the last ten years (2013-2023) was -10.61% year
Hanon Systems Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-27 | ₩90.00 | quarterly | 2024-08-26 |
2024-03-28 | ₩90.00 | quarterly | 2024-05-27 |
2023-12-27 | ₩68.00 | quarterly | 2024-04-18 |
2023-09-26 | ₩68.00 | quarterly | 2023-11-23 |
2023-06-29 | ₩90.00 | quarterly | 2023-08-24 |
2023-03-30 | ₩90.00 | quarterly | 2023-05-25 |
2022-12-28 | ₩90.00 | quarterly | 2023-04-20 |
2022-09-29 | ₩90.00 | quarterly | 2022-11-23 |
2022-06-29 | ₩90.00 | quarterly | 2022-08-24 |
2022-03-30 | ₩90.00 | quarterly | 2022-05-25 |
2021-12-29 | ₩90.00 | quarterly | 2022-04-22 |
2021-09-29 | ₩90.00 | quarterly | 2021-11-24 |
2021-06-29 | ₩90.00 | quarterly | 2021-08-24 |
2021-03-30 | ₩90.00 | quarterly | 2021-05-25 |
2020-12-29 | ₩116.00 | quarterly | 2021-04-22 |
2020-09-28 | ₩68.00 | quarterly | 2020-11-24 |
2020-06-29 | ₩68.00 | quarterly | 2020-08-25 |
2020-03-30 | ₩68.00 | quarterly | 2020-05-26 |
2019-12-27 | ₩80.00 | quarterly | 2020-04-22 |
2019-09-27 | ₩80.00 | quarterly | 2019-11-19 |
2019-06-27 | ₩80.00 | quarterly | 2019-08-26 |
2019-03-28 | ₩80.00 | quarterly | 2019-05-22 |
2018-12-27 | ₩80.00 | quarterly | 2019-04-25 |
2018-09-27 | ₩80.00 | quarterly | 2018-11-23 |
2018-06-28 | ₩80.00 | quarterly | 2018-08-24 |
2018-03-29 | ₩80.00 | quarterly | 2018-05-24 |
2017-12-27 | ₩80.00 | quarterly | 2018-04-26 |
2017-09-28 | ₩75.00 | quarterly | 2017-11-24 |
2017-06-29 | ₩75.00 | quarterly | 2017-08-25 |
2017-03-30 | ₩75.00 | quarterly | 2017-05-26 |
2016-12-28 | ₩75.00 | quarterly | |
2016-09-29 | ₩50.00 | quarterly | |
2016-06-29 | ₩50.00 | quarterly | |
2016-03-30 | ₩50.00 | quarterly | |
2015-12-29 | ₩970.00 | quarterly | |
2014-12-29 | ₩970.00 | quarterly | |
2013-12-27 | ₩970.00 | quarterly |
Hanon Systems Dividend per year
Hanon Systems Dividend growth
Hanon Systems Dividend Yield
Hanon Systems current trailing twelve-month (TTM) dividend yield is 6.15%. Interested in purchasing Hanon Systems stock? Use our calculator to estimate your expected dividend yield:
Hanon Systems Financial Ratios
Hanon Systems Dividend FAQ
Other factors to consider when evaluating Hanon Systems 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.
Place an order: Use the brokerage's trading platform to place an order to buy Hanon Systems 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.
1. Determination of Dividend: Hanon Systems'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, Hanon Systems 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, Hanon Systems 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 Hanon Systems 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: Hanon Systems 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, Hanon Systems distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hanon Systems 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 Hanon Systems'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 Hanon Systems'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.