ILJIN Materials Co., Ltd. produces and sells elecfoils in Korea and internationally. Its elecfoils are used as core material for electronic products. The company offers I2B that creates the anode current collector of lithium secondary battery; and IHT, a high bending low illuminance elecfoil for FPCB; and UTC, a very thin elecfoil developed suitable for microcircuiting, high density, high integration, and high multilayering of PCBs. The company also provides I2K, an elecfoil used as a negative electrode collector for small lithium secondary batteries; VLP, a special elecfoil with low illuminance and high strength characteristics used for integrated circuit packaging substrates for semiconductor mounting; ICS, a general-purpose product used as the main material for printed circuit board and copper clad laminate; and I2S to expand the capacity of the secondary battery. In addition, it offers ISS a higher tensile item that is being considered for application of next-generation secondary batteries; HVLP elecfoil suitable for high-speed transmission; and TRT/HRT elecfoils used for base station antennas. The company was formerly known as Iljin Elecfoil Co., Ltd. and changed its name to ILJIN Materials Co., Ltd. in 2010. ILJIN Materials Co., Ltd. was founded in 1987 and is headquartered in Seoul, South Korea.
ILJIN Materials Dividend Announcement
• ILJIN Materials announced a annually dividend of ₩200.00 per ordinary share which will be made payable on 2024-04-23. Ex dividend date: 2023-12-27
• ILJIN Materials annual dividend for 2023 was ₩200.00
• ILJIN Materials's trailing twelve-month (TTM) dividend yield is 0.56%
• ILJIN Materials's payout ratio for the trailing twelve months (TTM) is 105.93%
ILJIN Materials Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-27 | ₩200.00 | annually | 2024-04-23 |
2022-12-28 | ₩300.00 | annually | 2023-04-20 |
2021-12-29 | ₩300.00 | annually | 2022-04-15 |
2020-12-29 | ₩200.00 | annually | 2021-04-15 |
2019-12-27 | ₩50.00 | annually | 2020-04-24 |
2017-12-27 | ₩650.00 | annually | 2018-04-13 |
2016-12-28 | ₩48.68 | annually | |
2011-12-28 | ₩48.68 | annually |
ILJIN Materials Dividend per year
ILJIN Materials Dividend growth
ILJIN Materials Dividend Yield
ILJIN Materials current trailing twelve-month (TTM) dividend yield is 0.56%. Interested in purchasing ILJIN Materials stock? Use our calculator to estimate your expected dividend yield:
ILJIN Materials Financial Ratios
ILJIN Materials Dividend FAQ
Other factors to consider when evaluating ILJIN Materials 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: ILJIN Materials'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 Materials 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 Materials 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 Materials 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: ILJIN Materials 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 Materials 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 Materials 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 ILJIN Materials'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 Materials'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.