Kwang Myung Electric Co.,Ltd develops and manufactures power distribution machinery in South Korea. It offers high and low voltage switchgears; gas insulated switchgears; package switchgears; motor control centers; protection relays and control panels; panel boards; and bus ducts. The company also provides automatic control systems, such as power monitoring systems, machineries/air handling units, digital meters, digital electric power monitoring equipment, water handling devices, SCADA, and current sensors. In addition, it engages in generation and distribution of solar power. Kwang Myung Electric Co.,Ltd was founded in 1955 and is headquartered in Ansan-si, South Korea.
Kwang Myung Electric Dividend Announcement
• Kwang Myung Electric announced a annually dividend of ₩10.00 per ordinary share which will be made payable on 2024-04-12. Ex dividend date: 2023-12-27 • Kwang Myung Electric annual dividend for 2023 was ₩10.00 • Kwang Myung Electric's trailing twelve-month (TTM) dividend yield is 0.7% • Kwang Myung Electric's payout ratio for the trailing twelve months (TTM) is -34.86%
Kwang Myung Electric current trailing twelve-month (TTM) dividend yield is 0.7%. Interested in purchasing Kwang Myung Electric stock? Use our calculator to estimate your expected dividend yield:
Kwang Myung Electric Financial Ratios
P/E ratio-50.33
PEG ratio-4.41
P/B ratio0.57
ROE-1.06%
Payout ratio-34.86%
Current ratio1.75
Quick ratio1.18
Cash Ratio0.54
Kwang Myung Electric Dividend FAQ
How much is the next Kwang Myung Electric dividend?
Kwang Myung Electric's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Kwang Myung Electric dividend. The next Kwang Myung Electric dividend will be released in December.
When is Kwang Myung Electric dividend paid?
Kwang Myung Electric pays dividends on a annually basis. The specific dates may vary each year but are generally around December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Kwang Myung Electric pay?
The specific amount of Kwang Myung Electric dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Kwang Myung Electric's dividend history.
Does Kwang Myung Electric stock pay dividends?
Yes, Kwang Myung Electric does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Kwang Myung Electric's dividend history.
How much dividend does Kwang Myung Electric pay?
Kwang Myung Electric paid ₩0 in 2024, ₩10 in 2023, ₩10 in 2022, ₩10 in 2021, and ₩15 in 2020.
How often does Kwang Myung Electric pay dividends?
Kwang Myung Electric typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around December.
What is Kwang Myung Electric's dividend yield?
The current dividend yield for Kwang Myung Electric is 0.7%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Kwang Myung Electric's exact dividend yield.
When does Kwang Myung Electric go ex dividend?
Kwang Myung Electric's ex-dividend date for the latest dividend was on 2023-12-27. Kwang Myung Electric typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Kwang Myung Electric dividend paid?
Kwang Myung Electric pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will Kwang Myung Electric increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Kwang Myung Electric will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Kwang Myung Electric dividend per share?
Kwang Myung Electric paid ₩0 per share in 2024 and ₩10 per share in 2023. The amount of dividend per share that Kwang Myung Electric pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Kwang Myung Electric a dividend aristocrat?
No, 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 Kwang Myung Electric a dividend king?
No, 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 Kwang Myung Electric a dividend stock?
Yes, Kwang Myung Electric is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Kwang Myung Electric a good dividend stock?
Whether Kwang Myung Electric is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Kwang Myung Electric has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Kwang Myung Electric 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.
Does Kwang Myung Electric pay dividends monthly?
Kwang Myung Electric typically pays dividends on a annually basis.
Does Kwang Myung Electric pay dividends quarterly?
Kwang Myung Electric currently pays dividends on a annually basis.
Has Kwang Myung Electric ever paid a dividend?
Yes, Kwang Myung Electric has a history of paying dividends to its shareholders. Kwang Myung Electric is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Kwang Myung Electric dividend stocks?
To buy Kwang Myung Electric 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Kwang Myung Electric 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.
When does Kwang Myung Electric pay dividends 2024?
Kwang Myung Electric pays dividends on a annually basis. 2024 dividend payments are in 2024-04-12. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Kwang Myung Electric increase its dividend in 2024?
Decisions regarding Kwang Myung Electric dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Kwang Myung Electric dividend overview you can look into the above table of dividend history.
How Kwang Myung Electric dividend works?
The Kwang Myung Electric dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Kwang Myung Electric's dividend process works:
1. Determination of Dividend: Kwang Myung Electric'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, Kwang Myung Electric 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, Kwang Myung Electric 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 Kwang Myung Electric 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.
How are Kwang Myung Electric dividends paid?
Kwang Myung Electric dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Kwang Myung Electric 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, Kwang Myung Electric distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kwang Myung Electric 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.
How many times does Kwang Myung Electric pay dividends?
Kwang Myung Electric typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Kwang Myung Electric pay dividends?
The general pattern is that Kwang Myung Electric pays dividends around December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Kwang Myung Electric dividend safe?
The safety of Kwang Myung Electric's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Kwang Myung Electric'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 Kwang Myung Electric'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.