KSS Line Ltd. provides marine transportation services for liquefied petroleum gas and petrochemical products in South Korea. The company's gas cargoes include anhydrous ammonia, butadiene, butane, butane 1, C4 raffinate, ethylene, propane, propylene, vinyl chloride monomer, and others. Its chemical cargoes consist of acetic acid, acetone, acrylonitrile monomer, aniline, benzene, toluene, xylene, base oil cumene, cyclohexane, dioctyl phthalate, ethanol, kerosene, methanol, methyl, ethyl, ketone, mono ethylene glycol, nitric acid, octanol, phenol, pyrolysis gasoline, styrene monomer, vinyl acetate monomer, and others. The company operates a fleet of 6 chemical vessels, 2 tanker vessels, and 4 LNG vessels. The company was formerly known as Korea Special Shipping Co., Ltd. and changed its name to KSS Line Ltd. in July 1999. KSS Line Ltd. was founded in 1969 and is headquartered in Seoul, South Korea.
KSS Line Dividend Announcement
• KSS Line announced a annually dividend of ₩350.00 per ordinary share which will be made payable on 2024-04-17. Ex dividend date: 2023-12-27
• KSS Line annual dividend for 2023 was ₩350.00
• KSS Line's trailing twelve-month (TTM) dividend yield is 3.75%
• KSS Line's payout ratio for the trailing twelve months (TTM) is 26.76%
• KSS Line's dividend growth over the last five years (2018-2023) was 8.76% year
• KSS Line's dividend growth over the last ten years (2013-2023) was 10.41% year
KSS Line Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-27 | ₩350.00 | annually | 2024-04-17 |
2022-12-28 | ₩350.00 | annually | 2023-04-21 |
2021-12-29 | ₩350.00 | annually | 2022-04-01 |
2020-12-29 | ₩300.00 | annually | 2021-04-09 |
2019-12-27 | ₩270.00 | annually | 2020-04-03 |
2018-12-27 | ₩230.00 | annually | 2019-04-19 |
2017-12-27 | ₩230.00 | annually | 2018-04-20 |
2016-12-28 | ₩170.00 | annually | |
2015-12-29 | ₩260.00 | annually | |
2014-12-29 | ₩200.00 | annually | |
2013-12-27 | ₩130.00 | annually | |
2012-12-27 | ₩90.00 | annually |
KSS Line Dividend per year
KSS Line Dividend growth
KSS Line Dividend Yield
KSS Line current trailing twelve-month (TTM) dividend yield is 3.75%. Interested in purchasing KSS Line stock? Use our calculator to estimate your expected dividend yield:
KSS Line Financial Ratios
KSS Line Dividend FAQ
Other factors to consider when evaluating KSS Line 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: KSS Line'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, KSS Line 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, KSS Line 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 KSS Line 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: KSS Line 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, KSS Line distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: KSS Line 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 KSS Line'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 KSS Line'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.