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Hyosung Heavy Industries Corporation manufactures and sells heavy electrical equipment in South Korea and internationally. It offers transmission and distribution products, such as power, oil-immersed distribution, cast-resin, and special transformers; shunt reactors, high voltage switchgears, medium/ low voltage switchgears, and high voltage direct current transmission systems; STATCOM, a power electronic based device to enhance the power system stability and quality; and turnkey solutions. The company also provides system and engineering solutions, including condition monitoring systems; asset health management, power system maintenance, power automation, and process automation solutions; and renewable energy products comprising energy storage systems, solar inverters, and wind turbines, as well as engineering, procurement, and construction services for solar energy projects. In addition, it offers high and low voltage motors, DC motors, general industrial and special-purpose motors, commercial generators, and emergency power generators; chemical equipment, filling stations, and industrial gas supplying systems; gear boxes, motors, and special gear units; and ARC, resistance, and special spot welding machines. Further, the company undertakes various construction projects, including housing, redevelopment and reconstruction, business and commercial facilities, civil engineering and environment, and SOC. Additionally, it provides power conditioning systems and power management systems. The company also exports its products to North and South America, the Middle East, Africa, and Europe. The company was founded in 1962 and is headquartered in Seoul, South Korea.

Hyosung Heavy Industries Dividend Announcement

• Hyosung Heavy Industries announced a annually dividend of ₩2500.00 per ordinary share which will be made payable on 2024-04-02. Ex dividend date: 2023-12-27
• Hyosung Heavy Industries's trailing twelve-month (TTM) dividend yield is 0.56%
• Hyosung Heavy Industries's payout ratio for the trailing twelve months (TTM) is 15.77%

Hyosung Heavy Industries Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-12-27₩2500.00annually2024-04-02

Hyosung Heavy Industries Dividend per year

Hyosung Heavy Industries Dividend Yield

Hyosung Heavy Industries current trailing twelve-month (TTM) dividend yield is 0.56%. Interested in purchasing Hyosung Heavy Industries stock? Use our calculator to estimate your expected dividend yield:

Hyosung Heavy Industries Financial Ratios

P/E ratio27.67
PEG ratio0.01
P/B ratio3.66
ROE13.61%
Payout ratio15.77%
Current ratio0.83
Quick ratio0.57
Cash Ratio0.07

Hyosung Heavy Industries Dividend FAQ

Does Hyosung Heavy Industries stock pay dividends?
Hyosung Heavy Industries does not currently pay dividends to its shareholders.
Has Hyosung Heavy Industries ever paid a dividend?
No, Hyosung Heavy Industries has no a history of paying dividends to its shareholders. Hyosung Heavy Industries is not known for its dividend payments.
Why doesn't Hyosung Heavy Industries pay dividends?
There are several potential reasons why Hyosung Heavy Industries would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Hyosung Heavy Industries ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Hyosung Heavy Industries has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Hyosung Heavy Industries a dividend aristocrat?
Hyosung Heavy Industries is not considered a Dividend Aristocrat. 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 Heavy Industries a dividend king?
Hyosung Heavy Industries is not classified as a "Dividend King". 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 Heavy Industries a dividend stock?
No, Hyosung Heavy Industries is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Hyosung Heavy Industries stocks?
To buy Hyosung Heavy Industries 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Hyosung Heavy Industries 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.