Kolon Plastics, Inc. produces and sells engineering plastic products in South Korea and internationally. The company's products include KOCETAL-POM, a polyacetal resin of a copolymer type; KOPA-PA6, a plastic material based on polyamide-6; KOPA-PA66, a thermoplastic resin; SPESIN-PBT, a thermal plastic resin; KOPEL-TPC-ET, a thermoplastic polyester elastomer; KOPET- PET materials; KOPPS polyphenylene sulfide resins; KompoGTe long fiber reinforced thermoplastics; NOPLA, a PEN-PET copolyester; KOPHOS-PC, a polycarbonate; and INKRAYON Flex thermoplastic elastomers. Its products are used in automobile, electricity and electronics, and life materials. Kolon Plastics, Inc. operates in approximately 90 countries, including South Korea, Japan, the United States, and Europe. The company was formerly known as KTP Inc. and changed its name to Kolon Plastics, Inc. in June 2008. Kolon Plastics, Inc. was founded in 1996 and is based in Gimcheon, South Korea.
Kolon Plastics Dividend Announcement
• Kolon Plastics announced a annually dividend of ₩160.00 per ordinary share which will be made payable on 2024-04-26. Ex dividend date: 2023-12-27
• Kolon Plastics annual dividend for 2023 was ₩160.00
• Kolon Plastics's trailing twelve-month (TTM) dividend yield is 3.19%
• Kolon Plastics's payout ratio for the trailing twelve months (TTM) is 13.98%
Kolon Plastics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-27 | ₩160.00 | annually | 2024-04-26 |
2022-12-28 | ₩180.00 | annually | 2023-04-27 |
2021-12-29 | ₩145.00 | annually | 2022-04-28 |
2019-12-27 | ₩70.00 | annually | 2020-04-23 |
2018-12-27 | ₩120.00 | annually | 2019-04-25 |
2017-12-27 | ₩120.00 | annually | 2018-04-20 |
2016-12-28 | ₩100.00 | annually | |
2015-12-29 | ₩72.15 | annually | |
2014-12-29 | ₩48.10 | annually | |
2012-12-27 | ₩48.10 | annually | |
2011-12-28 | ₩48.10 | annually |
Kolon Plastics Dividend per year
Kolon Plastics Dividend growth
Kolon Plastics Dividend Yield
Kolon Plastics current trailing twelve-month (TTM) dividend yield is 3.19%. Interested in purchasing Kolon Plastics stock? Use our calculator to estimate your expected dividend yield:
Kolon Plastics Financial Ratios
Kolon Plastics Dividend FAQ
Other factors to consider when evaluating Kolon Plastics 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: Kolon Plastics'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, Kolon Plastics 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, Kolon Plastics 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 Kolon Plastics 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: Kolon Plastics 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, Kolon Plastics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kolon Plastics 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 Kolon Plastics'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 Kolon Plastics'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.