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Kordsa Teknik Tekstil A.S. manufactures and sells carcass and industrial fabrics. The company offers industrial fabrics, which are used in the structure of vehicle tires; rubber and plastic materials, such as transmission belts, V belts, rubber hoses, etc.; and denier fiber and connection fabrics. It also produces and markets fabrics for mechanical rubber goods and other rubber reinforcement materials; converts various types of yarns into cord fabrics; provides advanced composites to the civil aviation sector; and offers nylon 6, nylon 6.6, and polyethylene-terephthalate high modulus low shrinkage polyester, as well as rayon heavy decitex yarns for use in tires and mechanical rubber goods. The company provides its products primarily to the tire, construction, and composite reinforcement industries. It principally operates in North America, South America, Europe, the Middle East, Africa, and Asia. The company was formerly known as Kordsa Endüstriyel Iplik ve Kord Bezi Sanayi ve Ticaret Anonim Sirketi and changed its name to Kordsa Teknik Tekstil A.S. in March 2017. The company was incorporated in 1973 and is headquartered in Izmit, Turkey. Kordsa Teknik Tekstil A.S. is a subsidiary of Haci Ömer Sabanci Holding A.S.

Kordsa Teknik Tekstil Dividend Announcement

Kordsa Teknik Tekstil announced a semi annually dividend of ₺0.29 per ordinary share which will be made payable on 2023-03-31. Ex dividend date: 2023-03-29
Kordsa Teknik Tekstil annual dividend for 2023 was ₺0.29
Kordsa Teknik Tekstil's trailing twelve-month (TTM) dividend yield is -%

Kordsa Teknik Tekstil Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-03-29₺0.29semi annually2023-03-31
2022-04-04₺0.82semi annually
2022-03-23₺0.82semi annually2022-03-28
2020-03-26₺0.25semi annually2020-03-30
2019-03-25₺0.35semi annually2019-03-27
2018-04-02₺0.34semi annually2018-04-04
2017-04-21₺0.30semi annually
2017-04-10₺0.30semi annually2017-04-12
2016-04-04₺0.31semi annually
2015-05-29₺0.35semi annually
2013-03-29₺0.18semi annually
2012-04-19₺0.39semi annually
2011-04-04₺0.16semi annually
2006-04-03₺0.19semi annually

Kordsa Teknik Tekstil Dividend per year

Kordsa Teknik Tekstil Dividend growth

Kordsa Teknik Tekstil Dividend Yield

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

Kordsa Teknik Tekstil Financial Ratios

P/E ratio-148.42
PEG ratio10.50
P/B ratio0.96
ROE-0.66%
Payout ratio0.00%
Current ratio1.33
Quick ratio0.72
Cash Ratio0.15

Kordsa Teknik Tekstil Dividend FAQ

How much is the next Kordsa Teknik Tekstil dividend?
Kordsa Teknik Tekstil's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Kordsa Teknik Tekstil dividend. The next Kordsa Teknik Tekstil dividend will be released in March, or April.
When is Kordsa Teknik Tekstil dividend paid?
Kordsa Teknik Tekstil pays dividends on a semi annually basis. The specific dates may vary each year but are generally around March, and April. 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 Kordsa Teknik Tekstil pay?
The specific amount of Kordsa Teknik Tekstil 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 Kordsa Teknik Tekstil's dividend history.
Does Kordsa Teknik Tekstil stock pay dividends?
Yes, Kordsa Teknik Tekstil 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 Kordsa Teknik Tekstil's dividend history.
How much dividend does Kordsa Teknik Tekstil pay?
Kordsa Teknik Tekstil paid ₺0.0 in 2024, ₺0.293 in 2023, ₺1.645 in 2022, ₺0.0 in 2021, and ₺0.25 in 2020.
How often does Kordsa Teknik Tekstil pay dividends?
Kordsa Teknik Tekstil typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around March, and April.
What is Kordsa Teknik Tekstil's dividend yield?
The current dividend yield for Kordsa Teknik Tekstil is -%. 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 Kordsa Teknik Tekstil's exact dividend yield.
When does Kordsa Teknik Tekstil go ex dividend?
Kordsa Teknik Tekstil's ex-dividend date for the latest dividend was on 2023-03-29. Kordsa Teknik Tekstil 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 Kordsa Teknik Tekstil dividend paid?
Kordsa Teknik Tekstil pays dividends on a semi annually basis, typically around March, or April, but the exact dates can vary each year.
Will Kordsa Teknik Tekstil 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 Kordsa Teknik Tekstil 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 Kordsa Teknik Tekstil dividend per share?
Kordsa Teknik Tekstil paid ₺0.0 per share in 2024 and ₺0.293 per share in 2023. The amount of dividend per share that Kordsa Teknik Tekstil 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 Kordsa Teknik Tekstil 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 Kordsa Teknik Tekstil 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 Kordsa Teknik Tekstil a dividend stock?
Yes, Kordsa Teknik Tekstil is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Kordsa Teknik Tekstil a good dividend stock?
Whether Kordsa Teknik Tekstil is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Kordsa Teknik Tekstil has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Kordsa Teknik Tekstil 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 Kordsa Teknik Tekstil pay dividends monthly?
Kordsa Teknik Tekstil typically pays dividends on a semi annually basis.
Does Kordsa Teknik Tekstil pay dividends quarterly?
Kordsa Teknik Tekstil currently pays dividends on a semi annually basis.
Has Kordsa Teknik Tekstil ever paid a dividend?
Yes, Kordsa Teknik Tekstil has a history of paying dividends to its shareholders. Kordsa Teknik Tekstil is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Kordsa Teknik Tekstil dividend stocks?
To buy Kordsa Teknik Tekstil 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 Kordsa Teknik Tekstil 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 Kordsa Teknik Tekstil pay dividends 2024?
Kordsa Teknik Tekstil pays dividends on a semi annually basis. 2024 dividend payments are in 2023-03-31. 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 Kordsa Teknik Tekstil increase its dividend in 2024?
Decisions regarding Kordsa Teknik Tekstil 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 Kordsa Teknik Tekstil dividend overview you can look into the above table of dividend history.
How Kordsa Teknik Tekstil dividend works?
The Kordsa Teknik Tekstil 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 Kordsa Teknik Tekstil's dividend process works:

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

1. Record Date: Kordsa Teknik Tekstil 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, Kordsa Teknik Tekstil distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Kordsa Teknik Tekstil 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 Kordsa Teknik Tekstil pay dividends?
Kordsa Teknik Tekstil typically pays dividends on a semi 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 Kordsa Teknik Tekstil pay dividends?
The general pattern is that Kordsa Teknik Tekstil pays dividends around March, and April. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Kordsa Teknik Tekstil dividend safe?
The safety of Kordsa Teknik Tekstil'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 Kordsa Teknik Tekstil'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 Kordsa Teknik Tekstil'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.