KT&G Corporation, together with its subsidiaries, engages in the production and sale of tobacco and other products in South Korea. It provides tobacco and related materials, red ginseng, red ginseng products, other health foods, food and beverage products, and cosmetic and related products. The company also offers leaf tobacco cultivation support services; and develops, manufactures, and distributes drugs, bio-pharmaceuticals, over-the-counter medicines, and medical supplies and equipment. In addition, it engages in the trading, real estate, leasing, and housing businesses. Further, the company engages in hotel development and management activities. KT&G Corporation was formerly known as Korea Tobacco and Ginseng Corporation and changed its name to KT&G Corporation in December 2002. The company was founded in 1987 and is headquartered in Daejeon, South Korea.
KT&G Dividend Announcement
• KT&G announced a semi annually dividend of ₩1200.00 per ordinary share which will be made payable on 2024-08-28. Ex dividend date: 2024-06-27
• KT&G annual dividend for 2024 was ₩1200.00
• KT&G annual dividend for 2023 was ₩5200.00
• KT&G's trailing twelve-month (TTM) dividend yield is 4.27%
• KT&G's payout ratio for the trailing twelve months (TTM) is 62.71%
• KT&G's dividend growth over the last five years (2018-2023) was 5.39% year
• KT&G's dividend growth over the last ten years (2013-2023) was 4.97% year
KT&G Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-27 | ₩1200.00 | semi annually | 2024-08-28 |
2023-12-27 | ₩4000.00 | semi annually | 2024-04-01 |
2023-06-29 | ₩1200.00 | semi annually | 2023-08-23 |
2022-12-28 | ₩5000.00 | semi annually | 2023-04-28 |
2021-12-29 | ₩4800.00 | semi annually | 2022-04-29 |
2020-12-29 | ₩4800.00 | semi annually | 2021-04-19 |
2019-12-27 | ₩4400.00 | semi annually | 2020-04-29 |
2018-12-27 | ₩4000.00 | semi annually | 2019-04-29 |
2017-12-27 | ₩4000.00 | semi annually | 2018-04-01 |
2016-12-28 | ₩3600.00 | semi annually | |
2015-12-29 | ₩3400.00 | semi annually | |
2014-12-29 | ₩3400.00 | semi annually | |
2013-12-27 | ₩3200.00 | semi annually |
KT&G Dividend per year
KT&G Dividend growth
KT&G Dividend Yield
KT&G current trailing twelve-month (TTM) dividend yield is 4.27%. Interested in purchasing KT&G stock? Use our calculator to estimate your expected dividend yield:
KT&G Financial Ratios
KT&G Dividend FAQ
Other factors to consider when evaluating KT&G 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: KT&G'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, KT&G 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, KT&G 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 KT&G 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: KT&G 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, KT&G distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: KT&G 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 KT&G'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 KT&G'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.