Iljin Diamond Co., Ltd. manufactures and sells tool materials in South Korea, the United States, Europe, Japan, China, and internationally. It offers ILJIN polycrystalline diamond, a material used for cutting tools; ILJIN polycrystalline cubic boron nitride, a material used for cutting tools; ILJIN synthetic diamond for use in saw blades, cutters, core drill bits, etc.; and ILJIN premium synthetic diamond for use in mining bits and multi-wires to cut granite applications. The company also provides ILJIN metal bond diamond for the processing of nonferrous materials; ILJIN resin and vitrified bond diamond, a synthetic diamond that is used to process nonferrous materials; ILJIN micron powder, a micron-sized synthetic diamond and CBN powder that are used in manufacturing processes, such as grinding, polishing, and finishing in various industries, such as electronics, semiconductors, and automobiles; and shape reformed diamond. In addition, it offers ILJIN CBN powder, a material for processing various metallic materials comprising super-alloy, bearing steel, and heat-treated steel; tungsten carbide rod used in various processes of work piece materials in the fields of automobile, aircraft, energy, IT, and medicine; tungsten carbide roll and diamond wire that are used to cut solar cell silicon, LED sapphire, and the glass for mobile phone screens; and polycrystalline diamond compact products. The company was founded in 1985 and is based in Seoul, South Korea. Iljin Diamond Co., Ltd. is a subsidiary of ILJIN Holdings Co., Ltd.
Iljin Diamond Dividend Announcement
• Iljin Diamond announced a annually dividend of ₩300.00 per ordinary share which will be made payable on 2024-04-17. Ex dividend date: 2023-12-27
• Iljin Diamond annual dividend for 2023 was ₩300.00
• Iljin Diamond's trailing twelve-month (TTM) dividend yield is 2.3%
• Iljin Diamond's payout ratio for the trailing twelve months (TTM) is 42.43%
• Iljin Diamond's dividend growth over the last five years (2018-2023) was 4.34% year
• Iljin Diamond's dividend growth over the last ten years (2013-2023) was 11.61% year
Iljin Diamond Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-12-27 | ₩300.00 | annually | 2024-04-17 |
| 2022-12-28 | ₩300.00 | annually | 2023-04-17 |
| 2021-12-29 | ₩400.00 | annually | 2022-04-20 |
| 2020-12-29 | ₩300.00 | annually | 2021-04-16 |
| 2019-12-27 | ₩300.00 | annually | 2020-04-08 |
| 2018-12-27 | ₩242.53 | annually | 2019-04-26 |
| 2017-12-27 | ₩250.00 | annually | 2018-04-20 |
| 2016-12-28 | ₩100.00 | annually | |
| 2015-12-29 | ₩150.00 | annually | |
| 2014-12-29 | ₩100.00 | annually | |
| 2013-12-27 | ₩100.00 | annually | |
| 2012-12-27 | ₩100.00 | annually |
Iljin Diamond Dividend per year
Iljin Diamond Dividend growth
Iljin Diamond Dividend Yield
Iljin Diamond current trailing twelve-month (TTM) dividend yield is 2.3%. Interested in purchasing Iljin Diamond stock? Use our calculator to estimate your expected dividend yield:
Iljin Diamond Financial Ratios
P/E ratio18.26
PEG ratio4.29
P/B ratio0.45
ROE2.48%
Payout ratio42.43%
Current ratio11.12
Quick ratio10.03
Cash Ratio0.94
Iljin Diamond Dividend FAQ
How much is the next Iljin Diamond dividend?
Iljin Diamond's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Iljin Diamond dividend. The next Iljin Diamond dividend will be released in December.
When is Iljin Diamond dividend paid?
Iljin Diamond 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 Iljin Diamond pay?
The specific amount of Iljin Diamond 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 Iljin Diamond's dividend history.
Does Iljin Diamond stock pay dividends?
Yes, Iljin Diamond 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 Iljin Diamond's dividend history.
How much dividend does Iljin Diamond pay?
Iljin Diamond paid ₩0.0 in 2024, ₩300.0 in 2023, ₩300.0 in 2022, ₩400.0 in 2021, and ₩300.0 in 2020.
How often does Iljin Diamond pay dividends?
Iljin Diamond 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 Iljin Diamond's dividend yield?
The current dividend yield for Iljin Diamond is 2.3%. 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 Iljin Diamond's exact dividend yield.
When does Iljin Diamond go ex dividend?
Iljin Diamond's ex-dividend date for the latest dividend was on 2023-12-27. Iljin Diamond 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 Iljin Diamond dividend paid?
Iljin Diamond pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will Iljin Diamond 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 Iljin Diamond 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 Iljin Diamond dividend per share?
Iljin Diamond paid ₩0.0 per share in 2024 and ₩300.0 per share in 2023. The amount of dividend per share that Iljin Diamond 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 Iljin Diamond 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 Iljin Diamond 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 Iljin Diamond a dividend stock?
Yes, Iljin Diamond is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Iljin Diamond a good dividend stock?
Whether Iljin Diamond is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Iljin Diamond has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Iljin Diamond 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.
Other factors to consider when evaluating Iljin Diamond 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 Iljin Diamond pay dividends monthly?
Iljin Diamond typically pays dividends on a annually basis.
Does Iljin Diamond pay dividends quarterly?
Iljin Diamond currently pays dividends on a annually basis.
Has Iljin Diamond ever paid a dividend?
Yes, Iljin Diamond has a history of paying dividends to its shareholders. Iljin Diamond is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Iljin Diamond dividend stocks?
To buy Iljin Diamond 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 Iljin Diamond 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.
Place an order: Use the brokerage's trading platform to place an order to buy Iljin Diamond 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 Iljin Diamond pay dividends 2024?
Iljin Diamond pays dividends on a annually basis. 2024 dividend payments are in 2024-04-17. 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 Iljin Diamond increase its dividend in 2024?
Decisions regarding Iljin Diamond 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 Iljin Diamond dividend overview you can look into the above table of dividend history.
How Iljin Diamond dividend works?
The Iljin Diamond 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 Iljin Diamond's dividend process works:
1. Determination of Dividend: Iljin Diamond'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, Iljin Diamond 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, Iljin Diamond 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 Iljin Diamond 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. Determination of Dividend: Iljin Diamond'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, Iljin Diamond 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, Iljin Diamond 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 Iljin Diamond 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 Iljin Diamond dividends paid?
Iljin Diamond dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Iljin Diamond 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, Iljin Diamond distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Iljin Diamond 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.
1. Record Date: Iljin Diamond 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, Iljin Diamond distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Iljin Diamond 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 Iljin Diamond pay dividends?
Iljin Diamond 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 Iljin Diamond pay dividends?
The general pattern is that Iljin Diamond 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 Iljin Diamond dividend safe?
The safety of Iljin Diamond'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 Iljin Diamond'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 Iljin Diamond'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.
To assess the safety of Iljin Diamond'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 Iljin Diamond'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.