Hyundai Corporation operates as an import and export trading company worldwide. The company sells long and flat products, steel pipes, semi products, nonferrous metals, and coated steel products; monomers, petroleum products, polymers, and inorganic fertilizers; and passenger vehicles, commercial vehicles, OEM parts, and spare parts. It also engages in supplying equipment, parts, and signal communication systems for speed trains, subway trains, diesel cars, locomotives, passenger cars, and light rails; high-angle guns, military vehicles, armored cars, and weapons; and supertankers, medium sized bulk carriers, container ships, and gas tankers, as well as in the shipbuilding financing, ship repairing and remodeling, and used ship sales. In addition, the company constructs environmental and marine, transporting and loading, and gas processing facilities, as well as power plants, oil refineries, petrochemical plants, and desalination plants; produces industrial facilities and supplies related equipment; and provides various turnkey services, as well as offers project financing and offtake services. Further, it supplies electric equipment comprising generators, transformers, and distribution boards; offers commodities, engineering, and turnkey services, as well as transportation, installation, and audit services; and provides trading and financing services. Additionally, the company supplies PV modules, inverters, and wind turbines; offers excavators, wheel loaders, forklifts, industrial vehicles, supplementary equipment, pumping cars, cranes, and trucks, as well as provides related financing services; and invests in and develops energy and resource properties, such as coal, oil, and gas. Hyundai Corporation was founded in 1976 and is headquartered in Seoul, South Korea.
Hyundai Dividend Announcement
• Hyundai announced a annually dividend of ₩600.00 per ordinary share which will be made payable on 2024-04-12. Ex dividend date: 2023-12-27
• Hyundai annual dividend for 2023 was ₩600.00
• Hyundai's trailing twelve-month (TTM) dividend yield is 2.89%
• Hyundai's payout ratio for the trailing twelve months (TTM) is 6.26%
• Hyundai's dividend growth over the last ten years (2013-2023) was 1.84% year
Hyundai Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-27 | ₩600.00 | annually | 2024-04-12 |
2022-12-28 | ₩600.00 | annually | 2023-04-10 |
2021-12-29 | ₩600.00 | annually | 2022-04-12 |
2020-12-29 | ₩600.00 | annually | 2021-04-06 |
2019-12-27 | ₩600.00 | annually | 2020-03-30 |
2018-12-27 | ₩600.00 | annually | 2019-04-10 |
2017-12-27 | ₩600.00 | annually | 2018-04-10 |
2016-12-28 | ₩500.00 | annually | |
2015-12-29 | ₩750.00 | annually | |
2014-12-29 | ₩500.00 | annually | |
2013-12-27 | ₩500.00 | annually | |
2012-12-27 | ₩500.00 | annually |
Hyundai Dividend per year
Hyundai Dividend growth
Hyundai Dividend Yield
Hyundai current trailing twelve-month (TTM) dividend yield is 2.89%. Interested in purchasing Hyundai stock? Use our calculator to estimate your expected dividend yield:
Hyundai Financial Ratios
Hyundai Dividend FAQ
Other factors to consider when evaluating Hyundai 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: Hyundai'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, Hyundai 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, Hyundai 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 Hyundai 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: Hyundai 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, Hyundai distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hyundai 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 Hyundai'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 Hyundai'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.