Korea Refractories Co., Ltd operates in the refractories industry in South Korea. The company's refractories include shaped, monolithic, and functional refractories. It also designs, constructs, and operates heating and heat treatment facilities for various industries; designs, constructs, and supervises refractories that are used for industrial plants, including metal, chemical, power generation, and environmental facilities; and constructs raw materials storage facilities, gravity tanks, chimneys, and iron frame structures. In addition, the company is involved in the powder processing activities; and offers construction and maintenance services. Its products are used in various applications, such as iron and steel making, power plant, incinerator, cement and lime, glass, nonferrous metal, chemical, heating furnace, reheating furnace, and stack applications. The company was formerly known as Korea Special Refractories Co. Ltd and changed its name to Korea Refractories Co., Ltd in January 1995. Korea Refractories Co., Ltd was founded in 1973 and is headquartered in Dangjin-Si, South Korea.
Korea Refractories Dividend Announcement
• Korea Refractories announced a annually dividend of ₩45.00 per ordinary share which will be made payable on 2024-04-03. Ex dividend date: 2023-12-27
• Korea Refractories annual dividend for 2023 was ₩45.00
• Korea Refractories 's trailing twelve-month (TTM) dividend yield is 1.96%
• Korea Refractories 's payout ratio for the trailing twelve months (TTM) is -10.51%
• Korea Refractories 's dividend growth over the last five years (2018-2023) was 5.15% year
• Korea Refractories 's dividend growth over the last ten years (2013-2023) was -1.05% year
Korea Refractories Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-27 | ₩45.00 | annually | 2024-04-03 |
2022-12-28 | ₩45.00 | annually | 2023-04-12 |
2021-12-29 | ₩35.00 | annually | 2022-04-13 |
2020-12-29 | ₩35.00 | annually | 2021-04-14 |
2019-12-27 | ₩35.00 | annually | 2020-04-06 |
2018-12-27 | ₩35.00 | annually | 2019-04-04 |
2017-12-27 | ₩25.00 | annually | 2018-04-06 |
2016-12-28 | ₩25.00 | annually | |
2015-12-29 | ₩50.00 | annually | |
2014-12-29 | ₩50.00 | annually | |
2013-12-27 | ₩50.00 | annually | |
2012-12-27 | ₩50.00 | annually |
Korea Refractories Dividend per year
Korea Refractories Dividend growth
Korea Refractories Dividend Yield
Korea Refractories current trailing twelve-month (TTM) dividend yield is 1.96%. Interested in purchasing Korea Refractories stock? Use our calculator to estimate your expected dividend yield:
Korea Refractories Financial Ratios
Korea Refractories Dividend FAQ
Other factors to consider when evaluating Korea Refractories 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 Refractories '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 Refractories 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 Refractories 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 Refractories 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 Refractories 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 Refractories 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 Refractories 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 Refractories '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 Refractories '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.