INFAC Corporation manufactures and sells auto parts in South Korea and internationally. The company offers control cables, such as hood latch release, automatic and manual transmission shift, parking brake, accelerator, fuel filler, shift lock, key interlock, and manual park release cables, as well as flexible shafts for power seats; battery cables, including wiring harness products; and ignition cables comprising high tension and spark plug cables. It also provides actuators consisting of motor, hydraulic/pneumatic, and solenoid actuators; smart key system, active, and passive antennas; feeder cable assembly products comprising high frequency and AVN feeder cables; and shell, disk, and air horns, as well as parts for electric vehicles and hybrid electric vehicles. The company was formerly known as Samyeong Cable Co., Ltd. and changed its name to INFAC Corporation in 2004. INFAC Corporation was founded in 1969 and is headquartered in Seoul, South Korea.
INFAC Dividend Announcement
• INFAC announced a annually dividend of ₩180.00 per ordinary share which will be made payable on 2024-04-26. Ex dividend date: 2023-12-27
• INFAC annual dividend for 2023 was ₩180.00
• INFAC's trailing twelve-month (TTM) dividend yield is 2.57%
• INFAC's payout ratio for the trailing twelve months (TTM) is 21.39%
• INFAC's dividend growth over the last five years (2018-2023) was 6.72% year
• INFAC's dividend growth over the last ten years (2013-2023) was 3.31% year
INFAC Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-27 | ₩180.00 | annually | 2024-04-26 |
2022-12-28 | ₩180.00 | annually | 2023-04-28 |
2021-12-29 | ₩180.00 | annually | 2022-04-01 |
2020-12-29 | ₩150.00 | annually | 2021-04-27 |
2019-12-27 | ₩120.00 | annually | 2020-04-29 |
2018-12-27 | ₩130.00 | annually | 2019-04-26 |
2017-12-27 | ₩130.00 | annually | 2018-04-23 |
2016-12-28 | ₩150.00 | annually | |
2015-12-29 | ₩140.00 | annually | |
2014-12-29 | ₩140.00 | annually | |
2013-12-27 | ₩130.00 | annually | |
2012-12-27 | ₩100.00 | annually |
INFAC Dividend per year
INFAC Dividend growth
INFAC Dividend Yield
INFAC current trailing twelve-month (TTM) dividend yield is 2.57%. Interested in purchasing INFAC stock? Use our calculator to estimate your expected dividend yield:
INFAC Financial Ratios
INFAC Dividend FAQ
Other factors to consider when evaluating INFAC 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: INFAC'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, INFAC 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, INFAC 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 INFAC 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: INFAC 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, INFAC distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: INFAC 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 INFAC'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 INFAC'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.