Korea Flange Co., Ltd. manufactures and sells automotive power transmission parts worldwide. It offers auto parts, including half shaft and front axle assemblies for passenger cars; and front axle and brake assemblies for buses and trucks. The company also provides engine parts of automobiles comprising crank and cam shafts, hubs, differential gears, spindles, and connecting rods; and carbon steel, non-steel, ANSI, AWWA, API, MSS, welding neck, threeded, slip-on, lap joint, blind, and socket welding flanges. In addition, it offers industrial vessel engine bases and frames, such as air and exhaust receivers, bed plates, and frame boxes for power plants, vessel and steel structures, press containers of chemical factories, and bridge and construction-related works. The company was formerly known as Ulsan Ironworks Corporation and changed its name to Korea Flange Co., Ltd. in March 1976. Korea Flange Co., Ltd. was founded in 1974 and is headquartered in Ulsan, South Korea.
Korea Flange Dividend Announcement
• Korea Flange announced a annually dividend of ₩100.00 per ordinary share which will be made payable on . Ex dividend date: 2024-04-02
• Korea Flange annual dividend for 2024 was ₩100.00
• Korea Flange 's trailing twelve-month (TTM) dividend yield is 3.14%
• Korea Flange 's payout ratio for the trailing twelve months (TTM) is 8.14%
Korea Flange Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-02 | ₩100.00 | annually | |
2022-12-28 | ₩70.00 | annually | 2023-04-17 |
2021-12-29 | ₩90.00 | annually | 2022-04-13 |
2020-12-29 | ₩50.00 | annually | 2021-04-13 |
2019-12-27 | ₩50.00 | annually | 2020-04-14 |
2016-12-28 | ₩250.00 | annually | |
2014-12-29 | ₩250.00 | annually | |
2013-12-27 | ₩250.00 | annually | |
2011-12-28 | ₩250.00 | annually | |
2010-12-29 | ₩500.00 | annually | |
2007-12-27 | ₩500.00 | annually | |
2006-12-27 | ₩500.00 | annually |
Korea Flange Dividend per year
Korea Flange Dividend growth
Korea Flange Dividend Yield
Korea Flange current trailing twelve-month (TTM) dividend yield is 3.14%. Interested in purchasing Korea Flange stock? Use our calculator to estimate your expected dividend yield:
Korea Flange Financial Ratios
Korea Flange Dividend FAQ
Other factors to consider when evaluating Korea Flange 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: Korea Flange '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 Flange 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 Flange 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 Flange 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 Flange 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 Flange 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 Flange 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 Flange '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 Flange '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.