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Korea Cast Iron Pipe Ind. Co., Ltd. manufactures and sells pipes worldwide. The company offers ductile cast iron pipes, coated steel pipes for water service, fittings for the pipes, and general casting products for automobiles. The company was formerly known as The Korea Machine Casting Manufacturing Co., Ltd. and changed its name to Korea Cast Iron Pipe Ind. Co., Ltd. in February 1962. Korea Cast Iron Pipe Ind. Co., Ltd. was founded in 1953 and is headquartered in Busan, South Korea.

Korea Cast Iron Pipe Dividend Announcement

Korea Cast Iron Pipe announced a annually dividend of ₩400.00 per ordinary share which will be made payable on 2025-04-14. Ex dividend date: 2024-12-27
Korea Cast Iron Pipe annual dividend for 2024 was ₩400.00
Korea Cast Iron Pipe annual dividend for 2023 was ₩400.00
Korea Cast Iron Pipe's trailing twelve-month (TTM) dividend yield is 6.22%
Korea Cast Iron Pipe's dividend growth over the last five years (2018-2023) was 14.87% year
Korea Cast Iron Pipe's dividend growth over the last ten years (2013-2023) was 8.62% year

Korea Cast Iron Pipe Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-12-27₩400.00annually2025-04-14
2023-12-27₩400.00annually2024-04-12
2022-12-28₩400.00annually2023-04-07
2021-12-29₩400.00annually2022-04-08
2020-12-29₩200.00annually2021-04-08
2020-03-30₩200.00annually2020-07-10
2019-03-28₩200.00annually2019-07-09
2018-03-29₩200.00annually2018-07-09
2017-03-30₩200.00annually2017-07-07
2016-03-30₩150.00annually
2015-03-30₩125.00annually
2014-03-28₩150.00annually
2013-03-28₩175.00annually

Korea Cast Iron Pipe Dividend per year

Korea Cast Iron Pipe Dividend growth

Korea Cast Iron Pipe Dividend Yield

Korea Cast Iron Pipe current trailing twelve-month (TTM) dividend yield is 6.22%. Interested in purchasing Korea Cast Iron Pipe stock? Use our calculator to estimate your expected dividend yield:

Korea Cast Iron Pipe Financial Ratios

P/E ratio16.94
PEG ratio-0.79
P/B ratio0.40
ROE2.37%
Payout ratio0.00%
Current ratio4.11
Quick ratio4.11
Cash Ratio0.00

Korea Cast Iron Pipe Dividend FAQ

How much is the next Korea Cast Iron Pipe dividend?
Korea Cast Iron Pipe's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Korea Cast Iron Pipe dividend. The next Korea Cast Iron Pipe dividend will be released in December.
When is Korea Cast Iron Pipe dividend paid?
Korea Cast Iron Pipe pays dividends on a annually basis. The specific dates may vary each year but are generally around December. 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 Korea Cast Iron Pipe pay?
The specific amount of Korea Cast Iron Pipe 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 Korea Cast Iron Pipe's dividend history.
Does Korea Cast Iron Pipe stock pay dividends?
Yes, Korea Cast Iron Pipe 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 Korea Cast Iron Pipe's dividend history.
How much dividend does Korea Cast Iron Pipe pay?
Korea Cast Iron Pipe paid ₩400.0 in 2024, ₩400.0 in 2023, ₩400.0 in 2022, ₩400.0 in 2021, and ₩400.0 in 2020.
How often does Korea Cast Iron Pipe pay dividends?
Korea Cast Iron Pipe typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around December.
What is Korea Cast Iron Pipe's dividend yield?
The current dividend yield for Korea Cast Iron Pipe is 6.22%. 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 Korea Cast Iron Pipe's exact dividend yield.
When does Korea Cast Iron Pipe go ex dividend?
Korea Cast Iron Pipe's ex-dividend date for the latest dividend was on 2024-12-27. Korea Cast Iron Pipe 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 Korea Cast Iron Pipe dividend paid?
Korea Cast Iron Pipe pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will Korea Cast Iron Pipe 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 Korea Cast Iron Pipe 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 Korea Cast Iron Pipe dividend per share?
Korea Cast Iron Pipe paid ₩400.0 per share in 2024 and ₩400.0 per share in 2023. The amount of dividend per share that Korea Cast Iron Pipe 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 Korea Cast Iron Pipe 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 Korea Cast Iron Pipe 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 Korea Cast Iron Pipe a dividend stock?
Yes, Korea Cast Iron Pipe is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Korea Cast Iron Pipe a good dividend stock?
Whether Korea Cast Iron Pipe is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Korea Cast Iron Pipe has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Korea Cast Iron Pipe 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 Korea Cast Iron Pipe pay dividends monthly?
Korea Cast Iron Pipe typically pays dividends on a annually basis.
Does Korea Cast Iron Pipe pay dividends quarterly?
Korea Cast Iron Pipe currently pays dividends on a annually basis.
Has Korea Cast Iron Pipe ever paid a dividend?
Yes, Korea Cast Iron Pipe has a history of paying dividends to its shareholders. Korea Cast Iron Pipe is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Korea Cast Iron Pipe dividend stocks?
To buy Korea Cast Iron Pipe 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 Korea Cast Iron Pipe 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 Korea Cast Iron Pipe pay dividends 2024?
Korea Cast Iron Pipe pays dividends on a annually basis. 2024 dividend payments are in 2025-04-14. 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 Korea Cast Iron Pipe increase its dividend in 2024?
Decisions regarding Korea Cast Iron Pipe 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 Korea Cast Iron Pipe dividend overview you can look into the above table of dividend history.
How Korea Cast Iron Pipe dividend works?
The Korea Cast Iron Pipe 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 Korea Cast Iron Pipe's dividend process works:

1. Determination of Dividend: Korea Cast Iron Pipe'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, Korea Cast Iron Pipe 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, Korea Cast Iron Pipe 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 Korea Cast Iron Pipe 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 Korea Cast Iron Pipe dividends paid?
Korea Cast Iron Pipe dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Korea Cast Iron Pipe 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, Korea Cast Iron Pipe distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

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