Hyosung Advanced Materials Corporation manufactures and sells industrial, polyester, nylon, and carpet yarns in South Korea and internationally. The company also offers aramid fiber and carbon fiber materials; polyester tire cords, steel cords, and bead wires for tire reinforcement; and airbag fabrics and cushions, as well as hose wires and conveyor belt wires. The company serves various industries, such as automobile, civil engineering, architecture, construction, and transportation industries. The company was founded in 2018 and is based in Seoul, South Korea.
Hyosung Advanced Materials Dividend Announcement
• Hyosung Advanced Materials announced a annually dividend of ₩6500.00 per ordinary share which will be made payable on 2024-04-02. Ex dividend date: 2023-12-27 • Hyosung Advanced Materials annual dividend for 2023 was ₩6500.00 • Hyosung Advanced Materials's trailing twelve-month (TTM) dividend yield is 2.75% • Hyosung Advanced Materials's payout ratio for the trailing twelve months (TTM) is 85.04%
Hyosung Advanced Materials current trailing twelve-month (TTM) dividend yield is 2.75%. Interested in purchasing Hyosung Advanced Materials stock? Use our calculator to estimate your expected dividend yield:
Hyosung Advanced Materials Financial Ratios
P/E ratio29.35
PEG ratio0.09
P/B ratio1.49
ROE5.20%
Payout ratio85.04%
Current ratio0.67
Quick ratio0.38
Cash Ratio0.01
Hyosung Advanced Materials Dividend FAQ
How much is the next Hyosung Advanced Materials dividend?
Hyosung Advanced Materials's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Hyosung Advanced Materials dividend. The next Hyosung Advanced Materials dividend will be released in December.
When is Hyosung Advanced Materials dividend paid?
Hyosung Advanced Materials 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 Hyosung Advanced Materials pay?
The specific amount of Hyosung Advanced Materials 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 Hyosung Advanced Materials's dividend history.
Does Hyosung Advanced Materials stock pay dividends?
Yes, Hyosung Advanced Materials 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 Hyosung Advanced Materials's dividend history.
How much dividend does Hyosung Advanced Materials pay?
Hyosung Advanced Materials paid ₩0 in 2024, ₩6500 in 2023, ₩15000 in 2022, ₩10000 in 2021, and ₩0 in 2020.
How often does Hyosung Advanced Materials pay dividends?
Hyosung Advanced Materials 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 Hyosung Advanced Materials's dividend yield?
The current dividend yield for Hyosung Advanced Materials is 2.75%. 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 Hyosung Advanced Materials's exact dividend yield.
When does Hyosung Advanced Materials go ex dividend?
Hyosung Advanced Materials's ex-dividend date for the latest dividend was on 2023-12-27. Hyosung Advanced Materials 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 Hyosung Advanced Materials dividend paid?
Hyosung Advanced Materials pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will Hyosung Advanced Materials 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 Hyosung Advanced Materials 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 Hyosung Advanced Materials dividend per share?
Hyosung Advanced Materials paid ₩0 per share in 2024 and ₩6500 per share in 2023. The amount of dividend per share that Hyosung Advanced Materials 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 Hyosung Advanced Materials 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 Hyosung Advanced Materials 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 Hyosung Advanced Materials a dividend stock?
Yes, Hyosung Advanced Materials is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Hyosung Advanced Materials a good dividend stock?
Whether Hyosung Advanced Materials is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Hyosung Advanced Materials has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Hyosung Advanced Materials 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 Hyosung Advanced Materials pay dividends monthly?
Hyosung Advanced Materials typically pays dividends on a annually basis.
Does Hyosung Advanced Materials pay dividends quarterly?
Hyosung Advanced Materials currently pays dividends on a annually basis.
Has Hyosung Advanced Materials ever paid a dividend?
Yes, Hyosung Advanced Materials has a history of paying dividends to its shareholders. Hyosung Advanced Materials is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Hyosung Advanced Materials dividend stocks?
To buy Hyosung Advanced Materials 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 Hyosung Advanced Materials 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 Hyosung Advanced Materials pay dividends 2024?
Hyosung Advanced Materials pays dividends on a annually basis. 2024 dividend payments are in 2024-04-02. 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 Hyosung Advanced Materials increase its dividend in 2024?
Decisions regarding Hyosung Advanced Materials 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 Hyosung Advanced Materials dividend overview you can look into the above table of dividend history.
How Hyosung Advanced Materials dividend works?
The Hyosung Advanced Materials 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 Hyosung Advanced Materials's dividend process works:
1. Determination of Dividend: Hyosung Advanced Materials'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, Hyosung Advanced Materials 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, Hyosung Advanced Materials 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 Hyosung Advanced Materials 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 Hyosung Advanced Materials dividends paid?
Hyosung Advanced Materials dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Hyosung Advanced Materials 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, Hyosung Advanced Materials distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hyosung Advanced Materials 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 Hyosung Advanced Materials pay dividends?
Hyosung Advanced Materials 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 Hyosung Advanced Materials pay dividends?
The general pattern is that Hyosung Advanced Materials 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 Hyosung Advanced Materials dividend safe?
The safety of Hyosung Advanced Materials'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 Hyosung Advanced Materials'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 Hyosung Advanced Materials'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.