Lotte Data Communication Company offers IT services worldwide. It offers digital transformation solutions, such as Smart Factory, a platform that views and controls demand prediction, production process, and safety management in real time; Smart Logistics, an automated logistic and IT solution for the entire process from transportation to storage and delivery; and Smart Retail. The company also offers security solutions, security management, security system integration, and security consulting services. Additionally, it provides Medical IT, an IT-based In-hospital platform; and HI-U platform, a wellness platform that provides medical checkups, health notes, medication intake management, insurance care, health information, etc.; Smart Building, an IoT based system for safer and efficient building management; Smart Transportation, a convenient and safe transportation system using information technology; facility management solutions for effective asset and energy management; Smart Office platform, a digital workplace for smart office work; and home IoT solutions, as well as provides mobile communication services by co-working with mobile network operators. Further, the company provides IT outsourcing, RPA, and ASP services, as well as cloud solutions comprising L.cloud and cloud service brokerage. In addition, it operates four centers. The company serves customers in retail, manufacturing, logistics, finance, and healthcare sectors. The company was founded in 1996 and is headquartered in Seoul, South Korea. Lotte Data Communication Company is a subsidiary of LOTTE Korea.
Lotte Data Communication Dividend Announcement
• Lotte Data Communication announced a annually dividend of ₩983.00 per ordinary share which will be made payable on 2024-04-19. Ex dividend date: 2023-12-27
• Lotte Data Communication annual dividend for 2023 was ₩983.00
• Lotte Data Communication's trailing twelve-month (TTM) dividend yield is 4.42%
• Lotte Data Communication's payout ratio for the trailing twelve months (TTM) is 56.17%
Lotte Data Communication Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-27 | ₩983.00 | annually | 2024-04-19 |
2022-12-28 | ₩700.00 | annually | 2023-04-14 |
2021-12-29 | ₩700.00 | annually | 2022-04-15 |
2020-12-29 | ₩700.00 | annually | 2021-04-16 |
2019-12-27 | ₩700.00 | annually | 2020-04-24 |
2018-12-27 | ₩650.00 | annually | 2019-04-24 |
Lotte Data Communication Dividend per year
Lotte Data Communication Dividend growth
Lotte Data Communication Dividend Yield
Lotte Data Communication current trailing twelve-month (TTM) dividend yield is 4.42%. Interested in purchasing Lotte Data Communication stock? Use our calculator to estimate your expected dividend yield:
Lotte Data Communication Financial Ratios
Lotte Data Communication Dividend FAQ
Other factors to consider when evaluating Lotte Data Communication 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: Lotte Data Communication'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, Lotte Data Communication 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, Lotte Data Communication 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 Lotte Data Communication 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: Lotte Data Communication 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, Lotte Data Communication distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Lotte Data Communication 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 Lotte Data Communication'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 Lotte Data Communication'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.