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Korea Steel Co., Ltd. manufactures and sells steel products in South Korea. The company offers angles, pyeonggang, channels, round bars, billet and long products, powdered iron, generated material, steel bars, etc. It provides its products for use as basic materials for downstream industries, such as construction, shipbuilding, automobiles, and machinery. The company was formerly known as Korea Steel Shapes Co., Ltd. and changed its name to Korea Steel Co., Ltd. in April 2021. Korea Steel Co., Ltd. was founded in 1971 and is headquartered in Chilseo-myeon, South Korea.

Korea Steel Dividend Announcement

Korea Steel announced a annually dividend of ₩250.00 per ordinary share which will be made payable on . Ex dividend date: 2014-12-29
Korea Steel's trailing twelve-month (TTM) dividend yield is -%

Korea Steel Dividend History

Ex-Div dateDividend amountDividend typePay date
2014-12-29₩250.00annually
2013-12-27₩300.00annually
2012-12-27₩750.00annually
2011-12-28₩750.00annually
2010-12-29₩400.00annually
2009-12-29₩400.00annually
2007-12-27₩750.00annually
2006-12-27₩750.00annually
2005-12-28₩750.00annually
2004-12-29₩750.00annually
2003-12-29₩650.00annually
2002-12-27₩650.00annually

Korea Steel Dividend per year

Korea Steel Dividend growth

Korea Steel Dividend Yield

Korea Steel current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Korea Steel stock? Use our calculator to estimate your expected dividend yield:

Korea Steel Financial Ratios

P/E ratio13.08
PEG ratio0.57
P/B ratio0.41
ROE3.10%
Payout ratio0.00%
Current ratio1.09
Quick ratio0.52
Cash Ratio0.20

Korea Steel Dividend FAQ

Does Korea Steel stock pay dividends?
Korea Steel does not currently pay dividends to its shareholders.
Has Korea Steel ever paid a dividend?
No, Korea Steel has no a history of paying dividends to its shareholders. Korea Steel is not known for its dividend payments.
Why doesn't Korea Steel pay dividends?
There are several potential reasons why Korea Steel would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Korea Steel ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Korea Steel has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Korea Steel a dividend aristocrat?
Korea Steel is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Korea Steel a dividend king?
Korea Steel is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Korea Steel a dividend stock?
No, Korea Steel is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Korea Steel stocks?
To buy Korea Steel you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Korea Steel 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.