Ilshin Spinning Co., Ltd produces and sells yarns and fabrics in South Korea. The company offers combed cotton, compact, slub, patched, tri-blended, blended and synthetic, and OE glove yarns under the THREESTAR brand; melange yarns under the MELANSTAR brand; and MVS yarns under the IVYSTAR brand. It also provides fabrics, including cotton, rayon, mixed, and interwoven fabrics, as well as offers dyed yarns and fabrics. The company was founded in 1951 and is headquartered in Seoul, South Korea.
Ilshin Spinning Dividend Announcement
• Ilshin Spinning announced a annually dividend of ₩100.00 per ordinary share which will be made payable on 2024-04-05. Ex dividend date: 2023-12-27
• Ilshin Spinning annual dividend for 2023 was ₩100.00
• Ilshin Spinning's trailing twelve-month (TTM) dividend yield is 1.25%
• Ilshin Spinning's payout ratio for the trailing twelve months (TTM) is 7.66%
• Ilshin Spinning's dividend growth over the last five years (2018-2023) was -45.07% year
• Ilshin Spinning's dividend growth over the last ten years (2013-2023) was -25.89% year
Ilshin Spinning Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-27 | ₩100.00 | annually | 2024-04-05 |
2022-12-28 | ₩5000.00 | annually | 2023-03-31 |
2021-12-29 | ₩3000.00 | annually | 2022-04-04 |
2020-12-29 | ₩1500.00 | annually | 2021-04-02 |
2019-12-27 | ₩1500.00 | annually | 2020-04-03 |
2018-12-27 | ₩2000.00 | annually | 2019-04-05 |
2017-12-27 | ₩1500.00 | annually | 2018-03-29 |
2016-12-28 | ₩2800.00 | annually | |
2015-12-29 | ₩2500.00 | annually | |
2014-12-29 | ₩1750.00 | annually | |
2013-12-27 | ₩2000.00 | annually | |
2012-12-27 | ₩750.00 | annually |
Ilshin Spinning Dividend per year
Ilshin Spinning Dividend growth
Ilshin Spinning Dividend Yield
Ilshin Spinning current trailing twelve-month (TTM) dividend yield is 1.25%. Interested in purchasing Ilshin Spinning stock? Use our calculator to estimate your expected dividend yield:
Ilshin Spinning Financial Ratios
Ilshin Spinning Dividend FAQ
Other factors to consider when evaluating Ilshin Spinning 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: Ilshin Spinning'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, Ilshin Spinning 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, Ilshin Spinning 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 Ilshin Spinning 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: Ilshin Spinning 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, Ilshin Spinning distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ilshin Spinning 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 Ilshin Spinning'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 Ilshin Spinning'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.