Korea Gas Corporation engages in the exploration, development, production, import, and wholesale of liquefied natural gas (LNG), compressed natural gas, and natural gas in South Korea and internationally. The company offers LNG to power generation plants, power generating companies, and city gas companies. It also engages in oil and gas exploration, development, and production projects in various locations, including Australia, Iraq, and Mozambique; and LNG terminal operation and maintenance activities. In addition, the company is involved in constructing hydrogen production bases in Gwangju; LNG terminal construction and management activities; and LNG trading and bunkering activities. Further, it produces and supplies natural gas, as well as refines and sells by-products; construct and operates production facilities and supply networks; explores, imports, and exports natural gas; manufactures and supplies hydrogen; develops, exports, and import hydrogen energy; and researches and develops gas-related technologies. As of March 31, 2021, it owned and operated a pipeline network of 4,945 kilometers. The company was incorporated in 1983 and is headquartered in Daegu, South Korea.
Korea Gas Dividend Announcement
• Korea Gas announced a annually dividend of ₩2728.00 per ordinary share which will be made payable on 2022-04-19. Ex dividend date: 2021-12-29
• Korea Gas's trailing twelve-month (TTM) dividend yield is -%
• Korea Gas's payout ratio for the trailing twelve months (TTM) is -20.27%
Korea Gas Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2021-12-29 | ₩2728.00 | annually | 2022-04-19 |
2019-12-27 | ₩380.00 | annually | 2020-04-14 |
2018-12-27 | ₩1360.00 | annually | 2019-04-11 |
2015-12-29 | ₩170.00 | annually | |
2014-12-29 | ₩250.00 | annually | |
2012-12-27 | ₩1590.49 | annually | |
2011-12-28 | ₩737.06 | annually | |
2010-12-29 | ₩601.28 | annually | |
2009-12-29 | ₩746.76 | annually | |
2008-12-29 | ₩1134.68 | annually | |
2007-12-27 | ₩1357.74 | annually | |
2006-12-27 | ₩1066.79 | annually |
Korea Gas Dividend per year
Korea Gas Dividend growth
Korea Gas Dividend Yield
Korea Gas current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Korea Gas stock? Use our calculator to estimate your expected dividend yield:
Korea Gas Financial Ratios
Korea Gas Dividend FAQ
Other factors to consider when evaluating Korea Gas 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 Gas'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 Gas 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 Gas 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 Gas 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 Gas 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 Gas 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 Gas 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 Gas'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 Gas'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.