Hwacheon Machine Tool Co. Ltd develops, manufactures, and sells various machine tools primarily in South Korea. It offers NC lathes, machining centers, and the machineries for automation, as well as casting products, various robotic materials, components, and alloy cast iron. The company was founded in 1952 and is based in Gwangju, South Korea.
Hwacheon Machine Tool Dividend Announcement
• Hwacheon Machine Tool announced a annually dividend of ₩1300.00 per ordinary share which will be made payable on 2024-04-19. Ex dividend date: 2023-12-27 • Hwacheon Machine Tool annual dividend for 2023 was ₩1300.00 • Hwacheon Machine Tool's trailing twelve-month (TTM) dividend yield is 4.81% • Hwacheon Machine Tool's payout ratio for the trailing twelve months (TTM) is 43.14% • Hwacheon Machine Tool's dividend growth over the last five years (2018-2023) was 0.79% year • Hwacheon Machine Tool's dividend growth over the last ten years (2013-2023) was -1.42% year
Hwacheon Machine Tool current trailing twelve-month (TTM) dividend yield is 4.81%. Interested in purchasing Hwacheon Machine Tool stock? Use our calculator to estimate your expected dividend yield:
Hwacheon Machine Tool Financial Ratios
P/E ratio9.03
PEG ratio0.31
P/B ratio0.18
ROE1.92%
Payout ratio43.14%
Current ratio2.79
Quick ratio1.98
Cash Ratio0.25
Hwacheon Machine Tool Dividend FAQ
How much is the next Hwacheon Machine Tool dividend?
Hwacheon Machine Tool's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Hwacheon Machine Tool dividend. The next Hwacheon Machine Tool dividend will be released in December.
When is Hwacheon Machine Tool dividend paid?
Hwacheon Machine Tool pays dividends on a annually basis. The specific dates may vary each year but are generally around December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Hwacheon Machine Tool pay?
The specific amount of Hwacheon Machine Tool dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Hwacheon Machine Tool's dividend history.
Does Hwacheon Machine Tool stock pay dividends?
Yes, Hwacheon Machine Tool does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Hwacheon Machine Tool's dividend history.
How much dividend does Hwacheon Machine Tool pay?
Hwacheon Machine Tool paid ₩0.0 in 2024, ₩1300.0 in 2023, ₩2500.0 in 2022, ₩1000.0 in 2021, and ₩750.0 in 2020.
How often does Hwacheon Machine Tool pay dividends?
Hwacheon Machine Tool typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around December.
What is Hwacheon Machine Tool's dividend yield?
The current dividend yield for Hwacheon Machine Tool is 4.81%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Hwacheon Machine Tool's exact dividend yield.
When does Hwacheon Machine Tool go ex dividend?
Hwacheon Machine Tool's ex-dividend date for the latest dividend was on 2023-12-27. Hwacheon Machine Tool typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Hwacheon Machine Tool dividend paid?
Hwacheon Machine Tool pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will Hwacheon Machine Tool increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Hwacheon Machine Tool will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Hwacheon Machine Tool dividend per share?
Hwacheon Machine Tool paid ₩0.0 per share in 2024 and ₩1300.0 per share in 2023. The amount of dividend per share that Hwacheon Machine Tool pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Hwacheon Machine Tool a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Hwacheon Machine Tool a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Hwacheon Machine Tool a dividend stock?
Yes, Hwacheon Machine Tool is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Hwacheon Machine Tool a good dividend stock?
Whether Hwacheon Machine Tool is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Hwacheon Machine Tool has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Hwacheon Machine Tool 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.
Does Hwacheon Machine Tool pay dividends monthly?
Hwacheon Machine Tool typically pays dividends on a annually basis.
Does Hwacheon Machine Tool pay dividends quarterly?
Hwacheon Machine Tool currently pays dividends on a annually basis.
Has Hwacheon Machine Tool ever paid a dividend?
Yes, Hwacheon Machine Tool has a history of paying dividends to its shareholders. Hwacheon Machine Tool is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Hwacheon Machine Tool dividend stocks?
To buy Hwacheon Machine Tool you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Hwacheon Machine Tool 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.
When does Hwacheon Machine Tool pay dividends 2024?
Hwacheon Machine Tool pays dividends on a annually basis. 2024 dividend payments are in 2024-04-19. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Hwacheon Machine Tool increase its dividend in 2024?
Decisions regarding Hwacheon Machine Tool dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Hwacheon Machine Tool dividend overview you can look into the above table of dividend history.
How Hwacheon Machine Tool dividend works?
The Hwacheon Machine Tool dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Hwacheon Machine Tool's dividend process works:
1. Determination of Dividend: Hwacheon Machine Tool'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, Hwacheon Machine Tool 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, Hwacheon Machine Tool 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 Hwacheon Machine Tool 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.
How are Hwacheon Machine Tool dividends paid?
Hwacheon Machine Tool dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Hwacheon Machine Tool 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, Hwacheon Machine Tool distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hwacheon Machine Tool 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.
How many times does Hwacheon Machine Tool pay dividends?
Hwacheon Machine Tool typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Hwacheon Machine Tool pay dividends?
The general pattern is that Hwacheon Machine Tool pays dividends around December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Hwacheon Machine Tool dividend safe?
The safety of Hwacheon Machine Tool's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Hwacheon Machine Tool'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 Hwacheon Machine Tool'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.