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Iljin Electric Co.,Ltd operates as a heavy electric machinery company worldwide. The company offers heavy electric systems, including high voltage substation facilities, power distribution equipment, fittings, and smart electricity devices; and power cables and systems, such as high voltage cable and accessories, insulated wire, medium and low voltage cable, and overhead transmission line. It also provides mechanical and electrical copper rods, and aluminum rods; and renewable energy solutions, including photovoltaic power plant EPC. The company was founded in 1968 and is headquartered in Seoul, South Korea. Iljin Electric Co.,Ltd is a subsidiary of ILJIN Holdings Co., Ltd.

Iljin Electric Dividend Announcement

Iljin Electric announced a annually dividend of ₩220.00 per ordinary share which will be made payable on 2024-04-18. Ex dividend date: 2023-12-27
Iljin Electric annual dividend for 2023 was ₩220.00
Iljin Electric's trailing twelve-month (TTM) dividend yield is 0.77%
Iljin Electric's payout ratio for the trailing twelve months (TTM) is 28.53%

Iljin Electric Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-12-27₩220.00annually2024-04-18
2022-12-28₩122.93annually2023-04-17
2021-12-29₩100.00annually2022-04-18
2020-12-29₩60.00annually2021-04-16
2017-12-27₩60.00annually2018-04-23
2016-12-28₩60.00annually
2015-12-29₩80.00annually
2014-12-29₩80.00annually
2013-12-27₩70.00annually
2012-12-27₩50.00annually
2011-12-28₩80.00annually
2010-12-29₩100.00annually

Iljin Electric Dividend per year

Iljin Electric Dividend growth

Iljin Electric Dividend Yield

Iljin Electric current trailing twelve-month (TTM) dividend yield is 0.77%. Interested in purchasing Iljin Electric stock? Use our calculator to estimate your expected dividend yield:

Iljin Electric Financial Ratios

P/E ratio29.61
PEG ratio-1.10
P/B ratio2.77
ROE10.70%
Payout ratio28.53%
Current ratio1.21
Quick ratio0.82
Cash Ratio0.18

Iljin Electric Dividend FAQ

How much is the next Iljin Electric dividend?
Iljin Electric'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 Electric dividend. The next Iljin Electric dividend will be released in December.
When is Iljin Electric dividend paid?
Iljin Electric 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 Electric pay?
The specific amount of Iljin Electric 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 Electric's dividend history.
Does Iljin Electric stock pay dividends?
Yes, Iljin Electric 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 Electric's dividend history.
How much dividend does Iljin Electric pay?
Iljin Electric paid ₩0.0 in 2024, ₩220.0 in 2023, ₩122.927 in 2022, ₩100.0 in 2021, and ₩60.0 in 2020.
How often does Iljin Electric pay dividends?
Iljin Electric 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 Electric's dividend yield?
The current dividend yield for Iljin Electric is 0.77%. 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 Electric's exact dividend yield.
When does Iljin Electric go ex dividend?
Iljin Electric's ex-dividend date for the latest dividend was on 2023-12-27. Iljin Electric 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 Electric dividend paid?
Iljin Electric pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will Iljin Electric 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 Electric 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 Electric dividend per share?
Iljin Electric paid ₩0.0 per share in 2024 and ₩220.0 per share in 2023. The amount of dividend per share that Iljin Electric 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 Electric 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 Electric 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 Electric a dividend stock?
Yes, Iljin Electric is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Iljin Electric a good dividend stock?
Whether Iljin Electric 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 Electric has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Iljin Electric 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 Electric pay dividends monthly?
Iljin Electric typically pays dividends on a annually basis.
Does Iljin Electric pay dividends quarterly?
Iljin Electric currently pays dividends on a annually basis.
Has Iljin Electric ever paid a dividend?
Yes, Iljin Electric has a history of paying dividends to its shareholders. Iljin Electric is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Iljin Electric dividend stocks?
To buy Iljin Electric 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 Electric 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 Electric pay dividends 2024?
Iljin Electric pays dividends on a annually basis. 2024 dividend payments are in 2024-04-18. 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 Electric increase its dividend in 2024?
Decisions regarding Iljin Electric 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 Electric dividend overview you can look into the above table of dividend history.
How Iljin Electric dividend works?
The Iljin Electric 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 Electric's dividend process works:

1. Determination of Dividend: Iljin Electric'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 Electric 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 Electric 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 Electric 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 Electric dividends paid?
Iljin Electric dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Iljin Electric 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 Electric 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 Electric 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 Electric pay dividends?
Iljin Electric 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 Electric pay dividends?
The general pattern is that Iljin Electric 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 Electric dividend safe?
The safety of Iljin Electric'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 Electric'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 Electric'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.