LIG Nex1 Co., Ltd. develops and produces various weapon systems worldwide. The company offers precision guided munitions, which include ground-based guided missiles; ship-launched/air-launched guided missiles; and underwater guided missiles. It also provides intelligence, surveillance, and reconnaissance products that include radar systems, electronic optics/imaging radars, and SONAR surveillance systems. In addition, the company offers command and control systems, such as ground-based command and control systems for unmanned aerial systems, tactical data links, vehicle command and control systems, and surface combat management systems; and tactical communication/navigation systems comprising satellite navigation systems, data links for unmanned drones, and strategic communication systems. Further, it provides avionics consisting of mission, display, flight control, and communication/navigation/identification systems; airborne, ground-based, and maritime electronic warfare systems; unmanned drone/robotics systems, which include unmanned systems/robotics projects and unmanned drone/robotics for ships; and cyber warfare/M&S/high-energy weapon systems. LIG Nex1 Co., Ltd. was founded in 1976 and is headquartered in Yongin, South Korea.
LIG Nex1 Dividend Announcement
• LIG Nex1 announced a annually dividend of ₩1950.00 per ordinary share which will be made payable on 2024-04-22. Ex dividend date: 2023-12-27
• LIG Nex1 annual dividend for 2023 was ₩1950.00
• LIG Nex1's trailing twelve-month (TTM) dividend yield is 0.8%
• LIG Nex1's payout ratio for the trailing twelve months (TTM) is 22.38%
• LIG Nex1's dividend growth over the last five years (2018-2023) was 31.28% year
LIG Nex1 Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-27 | ₩1950.00 | annually | 2024-04-22 |
2022-12-28 | ₩1500.00 | annually | 2023-04-20 |
2021-12-29 | ₩1200.00 | annually | 2022-04-20 |
2020-12-29 | ₩900.00 | annually | 2021-04-20 |
2019-12-27 | ₩600.00 | annually | 2020-04-21 |
2018-12-27 | ₩500.00 | annually | 2019-04-19 |
2017-12-27 | ₩500.00 | annually | 2018-04-25 |
2016-12-28 | ₩940.00 | annually | |
2015-12-29 | ₩940.00 | annually |
LIG Nex1 Dividend per year
LIG Nex1 Dividend growth
LIG Nex1 Dividend Yield
LIG Nex1 current trailing twelve-month (TTM) dividend yield is 0.8%. Interested in purchasing LIG Nex1 stock? Use our calculator to estimate your expected dividend yield:
LIG Nex1 Financial Ratios
LIG Nex1 Dividend FAQ
Other factors to consider when evaluating LIG Nex1 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: LIG Nex1'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, LIG Nex1 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, LIG Nex1 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 LIG Nex1 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: LIG Nex1 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, LIG Nex1 distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: LIG Nex1 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 LIG Nex1'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 LIG Nex1'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.