Korea Petrochemical Ind. Co., Ltd. engages in the production and supply of petrochemicals in Korea and internationally. It offers olefins, such as ethylene, propylene, mixed C4, 1-butene, n-butane, isobutane, C4 and C3 LPG, H2, and Raw C5; aromatics, including benzene, toluene, mixed xylene, TPG, hexane (MH), C9+, and H-RPG+; EO/EG, such as MEG, DEG, TEG, PEG, and EO; PP products, such as injection, yarn, film, fiber, pipe, sheet, wire and cable, and LiBS separator products; and HDPE products, including injection, blow, yarn, film, pipe, wire and cable, steel pipe coating, adhesive, UHMWPE, and LiBS separator products. The company was founded in 1970 and is headquartered in Seoul, South Korea.
Korea Petrochemical Dividend Announcement
• Korea Petrochemical announced a annually dividend of ₩1000.00 per ordinary share which will be made payable on 2025-03-19. Ex dividend date: 2024-12-27
• Korea Petrochemical annual dividend for 2024 was ₩1000.00
• Korea Petrochemical annual dividend for 2023 was ₩1000.00
• Korea Petrochemical's trailing twelve-month (TTM) dividend yield is 1.27%
• Korea Petrochemical's payout ratio for the trailing twelve months (TTM) is -19.39%
• Korea Petrochemical's dividend growth over the last five years (2018-2023) was -24.21% year
Korea Petrochemical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-27 | ₩1000.00 | annually | 2025-03-19 |
2023-12-27 | ₩1000.00 | annually | 2024-03-19 |
2022-12-28 | ₩1000.00 | annually | 2023-03-20 |
2021-12-29 | ₩3500.00 | annually | 2022-03-21 |
2020-12-29 | ₩3000.00 | annually | 2021-03-22 |
2019-12-27 | ₩2500.00 | annually | 2020-03-17 |
2018-12-27 | ₩4000.00 | annually | 2019-03-18 |
2017-12-27 | ₩4000.00 | annually | 2018-03-12 |
2016-12-28 | ₩4000.00 | annually | |
2015-12-29 | ₩3000.00 | annually | |
2014-12-29 | ₩1500.00 | annually | |
2013-12-27 | ₩1000.00 | annually |
Korea Petrochemical Dividend per year
Korea Petrochemical Dividend growth
Korea Petrochemical Dividend Yield
Korea Petrochemical current trailing twelve-month (TTM) dividend yield is 1.27%. Interested in purchasing Korea Petrochemical stock? Use our calculator to estimate your expected dividend yield:
Korea Petrochemical Financial Ratios
Korea Petrochemical Dividend FAQ
Other factors to consider when evaluating Korea Petrochemical 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 Petrochemical'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 Petrochemical 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 Petrochemical 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 Petrochemical 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 Petrochemical 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 Petrochemical 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 Petrochemical 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 Petrochemical'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 Petrochemical'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.