Kyungdong Invest Co., Ltd primarily engages in the supply of city gas in South Korea. The company supplies gas to households through pipeline of approximately 2,099 kilometeres, as well as compressed natual gas fuel to natural gas bus vehicles in Ulsan and Yangsan. It also produces anthracite coal and biomass, as well as offers energy diagnosis systems, gas heating and cooling systems, and gas cogeneration systems. In addition, the company is involved in the waste heat generation and pneumatic power generation activities, as well as construction of gas facilities, industrial plants, and civil/architectural buildings. Further, it engages in the maritime/air transportation, inland transportation, and export transportation; and operation of warehouses, container yards, and container freight stations, as well as port unloading/shipping activities. Kyungdong Invest Co., Ltd was founded in 1977 and is headquartered in Seongnam-si, South Korea.
Kyungdong Invest Dividend Announcement
• Kyungdong Invest announced a annually dividend of ₩750.00 per ordinary share which will be made payable on 2024-04-26. Ex dividend date: 2023-12-27
• Kyungdong Invest annual dividend for 2023 was ₩750.00
• Kyungdong Invest 's trailing twelve-month (TTM) dividend yield is 1.01%
• Kyungdong Invest 's payout ratio for the trailing twelve months (TTM) is 11.94%
• Kyungdong Invest 's dividend growth over the last five years (2018-2023) was 8.45% year
• Kyungdong Invest 's dividend growth over the last ten years (2013-2023) was -4.98% year
Kyungdong Invest Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-27 | ₩750.00 | annually | 2024-04-26 |
2022-12-28 | ₩750.00 | annually | 2023-04-26 |
2021-12-29 | ₩750.00 | annually | 2022-04-26 |
2020-12-29 | ₩500.00 | annually | 2021-04-26 |
2019-12-27 | ₩500.00 | annually | 2020-04-24 |
2018-12-27 | ₩500.00 | annually | 2019-04-26 |
2017-12-27 | ₩500.00 | annually | 2018-04-25 |
2016-12-28 | ₩1250.00 | annually | |
2015-12-29 | ₩1250.00 | annually | |
2014-12-29 | ₩1250.00 | annually | |
2013-12-27 | ₩1250.00 | annually | |
2012-12-27 | ₩1250.00 | annually |
Kyungdong Invest Dividend per year
Kyungdong Invest Dividend growth
Kyungdong Invest Dividend Yield
Kyungdong Invest current trailing twelve-month (TTM) dividend yield is 1.01%. Interested in purchasing Kyungdong Invest stock? Use our calculator to estimate your expected dividend yield:
Kyungdong Invest Financial Ratios
Kyungdong Invest Dividend FAQ
Other factors to consider when evaluating Kyungdong Invest 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: Kyungdong Invest '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, Kyungdong Invest 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, Kyungdong Invest 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 Kyungdong Invest 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: Kyungdong Invest 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, Kyungdong Invest distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kyungdong Invest 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 Kyungdong Invest '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 Kyungdong Invest '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.