Korea Cast Iron Pipe (000970.KS) Dividend: History, Dates & Yield - 2024
Dividend History
Korea Cast Iron Pipe announced a annually dividend of ₩400.00 per ordinary share, payable on 2025-04-14, with an ex-dividend date of 2024-12-27. Korea Cast Iron Pipe typically pays dividends one times a year, compared to ₩400.00 in 2024.
Find details on Korea Cast Iron Pipe's dividend performance with a comprehensive history of past and upcoming payments.
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-27 | ₩400.00 | annually | 2025-04-14 |
2023-12-27 | ₩400.00 | annually | 2024-04-12 |
2022-12-28 | ₩400.00 | annually | 2023-04-07 |
2021-12-29 | ₩400.00 | annually | 2022-04-08 |
2020-12-29 | ₩200.00 | annually | 2021-04-08 |
2020-03-30 | ₩200.00 | annually | 2020-07-10 |
2019-03-28 | ₩200.00 | annually | 2019-07-09 |
2018-03-29 | ₩200.00 | annually | 2018-07-09 |
2017-03-30 | ₩200.00 | annually | 2017-07-07 |
2016-03-30 | ₩150.00 | annually |
Dividend Increase
Korea Cast Iron Pipe's dividend growth over the last five years (2020-2024) was 20.00% per year, while over the last ten years (2015-2024), it was 13.67% per year. In comparison, 002240.KS has seen an average growth rate of 1.44% over the past five years and 000140.KS's growth rate was 9.58%.
By comparing Korea Cast Iron Pipe's dividend growth to other companies, investors can gain insight into how consistent its dividend strategy is and what that means for future payouts. However, dividend growth is just one factor to consider. Investors should also evaluate other metrics, such as earnings growth, payout ratio, and overall financial health, to get a full picture of Walmart's dividend sustainability and potential.
Dividend Yield
Korea Cast Iron Pipe's current trailing twelve-month (TTM) dividend yield is 6.46%. Over the last 12 months, Korea Cast Iron Pipe has maintained this yield, but how does it compare to similar stocks? For example, 002240.KS offers a yield of 1.77%, while 000140.KS provides a yield of 4.84%. Comparing similar stocks can help investors assess Korea Cast Iron Pipe's yield and make more informed decisions.
Company | Dividend Yield | Annual Dividend | Stock Price |
---|---|---|---|
Korea Cast Iron Pipe (000970.KS) | 6.44% | ₩400 | ₩6180 |
002240.KS (002240.KS) | 1.77% | $324.0622 | $18290 |
000140.KS (000140.KS) | 4.84% | $550 | $9000 |
Dividend Yield Calculator
Interested in purchasing Korea Cast Iron Pipe stock? Use our calculator to estimate your expected dividend yield and see how Walmart's consistent payouts could contribute to your long-term investment goals. Understanding your potential returns can help you make an informed decision.
Payout Ratio
Korea Cast Iron Pipe has a payout ratio of 0.72%. In comparison, 002240.KS has a payout ratio of 0.72%, while 000140.KS's payout ratio is 0.72.
It's important to note that the payout ratio is just one of many metrics investors use to assess a company's dividend sustainability and growth potential. It should be considered alongside other financial indicators such as earnings, cash flow, and debt levels to gain a complete picture of the company's financial health.
About Korea Cast Iron Pipe
- Global presence Company operates in over 100 countries worldwide
- Key segments Dividend investorrelevant segments include energy, healthcare, and consumer goods
- Products/services Offers a diverse range of products including medical devices, energy solutions, and household products
- Financial stability Strong financial performance with consistent dividend payments and solid cash flow generation
Frequently Asked Question
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.
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.
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.
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.
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.