Table of Contents

company-logo

Hyundai Rotem Company manufactures and sells railway vehicles, defense systems, and plants and machinery in South Korea and internationally. The company produces railway vehicles, such as electric multiple units, high-speed trains, light rail vehicles, magnetically levitated vehicles, trams, diesel multiple units, locomotives, passenger coaches, freight wagons, and electrical equipment; and railway systems comprising signaling, communications, electricity/power, machinery/PSD, and system engineering, project records, as well as depot facilities, maintenance, railway vehicles modernization, parts, and repair services. It also offers defense systems, including MBTs and family vehicles, wheel type combat vehicles, mock training equipment, future weapon systems, and other products. In addition, the company provides engineering, manufacturing, procurement, installation, and commissioning services in the field of steelmaking facilities, automotive manufacturing facilities, power plants, and environmental facilities for various infrastructures. Hyundai Rotem Company was founded in 1977 and is headquartered in Uiwang, South Korea.

Hyundai Rotem Dividend Announcement

• Hyundai Rotem announced a annually dividend of ₩100.00 per ordinary share which will be made payable on 2024-04-26. Ex dividend date: 2023-12-27
• Hyundai Rotem annual dividend for 2023 was ₩100.00
• Hyundai Rotem's trailing twelve-month (TTM) dividend yield is 0.23%
• Hyundai Rotem's payout ratio for the trailing twelve months (TTM) is 3.54%

Hyundai Rotem Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-12-27₩100.00annually2024-04-26
2013-12-27₩125.00annually

Hyundai Rotem Dividend per year

Hyundai Rotem Dividend Yield

Hyundai Rotem current trailing twelve-month (TTM) dividend yield is 0.23%. Interested in purchasing Hyundai Rotem stock? Use our calculator to estimate your expected dividend yield:

Hyundai Rotem Financial Ratios

P/E ratio16.12
PEG ratio-0.13
P/B ratio2.58
ROE17.23%
Payout ratio3.54%
Current ratio1.22
Quick ratio1.09
Cash Ratio0.15

Hyundai Rotem Dividend FAQ

Does Hyundai Rotem stock pay dividends?
Hyundai Rotem does not currently pay dividends to its shareholders.
Has Hyundai Rotem ever paid a dividend?
No, Hyundai Rotem has no a history of paying dividends to its shareholders. Hyundai Rotem is not known for its dividend payments.
Why doesn't Hyundai Rotem pay dividends?
There are several potential reasons why Hyundai Rotem 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 Hyundai Rotem 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 Hyundai Rotem 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 Hyundai Rotem a dividend aristocrat?
Hyundai Rotem 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 Hyundai Rotem a dividend king?
Hyundai Rotem 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 Hyundai Rotem a dividend stock?
No, Hyundai Rotem 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 Hyundai Rotem stocks?
To buy Hyundai Rotem 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 Hyundai Rotem 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.