Husteel Co., Ltd. manufactures and sells various steel pipe products. The company offers pipes for general purpose; E.R.W. steel boilers and superheater tubes; E.R.W. heat-exchangers and condenser tubes; steel pipe piles; plain end steel tubes for welding or screwing; steel tubes for structural purpose; steel water-well pipes; steel pipes for fire protection use; line pipes; casings and tubings; rigid steel conduits; electrical rigid metal conduits; and steel tubes. It also provides steel pipes for pressure service, ordinary piping, boiler and heat exchanger, and general structural purpose; steel square pipes for general structural purpose; cold formed welded structural hollow section; welded steel tubes for pressure purposes; and carbon steel pipes for fuel gas piping. The company was formerly known as SHINHO STEEL Co., Ltd. and changed its name to Husteel Co., Ltd. in March 2002. Husteel Co., Ltd. was founded in 1967 and is headquartered in Seoul, South Korea.
Husteel Dividend Announcement
• Husteel announced a annually dividend of ₩250.00 per ordinary share which will be made payable on . Ex dividend date: 2024-04-02
• Husteel annual dividend for 2024 was ₩250.00
• Husteel's trailing twelve-month (TTM) dividend yield is 6.87%
• Husteel's payout ratio for the trailing twelve months (TTM) is -827.55%
Husteel Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-02 | ₩250.00 | annually | |
2022-12-28 | ₩350.00 | annually | 2023-04-14 |
2021-12-29 | ₩800.00 | annually | 2022-04-11 |
2020-12-29 | ₩200.00 | annually | 2021-04-09 |
2019-12-27 | ₩300.00 | annually | 2020-04-10 |
2018-12-27 | ₩400.00 | annually | 2019-04-12 |
2017-12-27 | ₩500.00 | annually | 2018-04-06 |
2016-12-28 | ₩500.00 | annually | |
2015-12-29 | ₩400.00 | annually | |
2014-12-29 | ₩700.00 | annually | |
2013-12-27 | ₩700.00 | annually | |
2012-12-27 | ₩1000.00 | annually |
Husteel Dividend per year
Husteel Dividend growth
Husteel Dividend Yield
Husteel current trailing twelve-month (TTM) dividend yield is 6.87%. Interested in purchasing Husteel stock? Use our calculator to estimate your expected dividend yield:
Husteel Financial Ratios
Husteel Dividend FAQ
Other factors to consider when evaluating Husteel 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: Husteel'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, Husteel 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, Husteel 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 Husteel 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: Husteel 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, Husteel distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Husteel 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 Husteel'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 Husteel'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.