LOTTE Fine Chemical Co., Ltd. manufactures and sells chemical products in Korea. It offers cellulose relatives, including MECELLOSE, hydroxyethyl cellulose, AnyCoat-C (hypromellose), and AnyCoat-P (hypromellose phthalate) for use in various fields, such as construction, cement extrusion, ceramic extrusion, paint, medicine, and household items. The company also provides epichlorohydrin, caustic soda, methyl and methylene chloride, chloroform, sodium hypochlorite, methaclean, hydrochloric acid, and PTAC for use in architecture, textiles, and resins industries. In addition, it offers general chemicals, which include EUROX, ammonia, ammonium hydroxide, monomethyl amine, dimethylamine, trimethylamine, and trimethylamine-HCl; tetramethyl ammonium hydroxide, a material for semiconductor; and polymerized toners for color laser printers. The company was formerly known as SAMSUNG Fine Chemicals Co., Ltd. changed its name to LOTTE Fine Chemical Co., Ltd. in 2016. LOTTE Fine Chemical Co., Ltd. was founded in 1964 and is headquartered in Ulsan, South Korea.
LOTTE Fine Chemical Dividend Announcement
• LOTTE Fine Chemical announced a annually dividend of ₩2000.00 per ordinary share which will be made payable on 2024-04-19. Ex dividend date: 2023-12-27
• LOTTE Fine Chemical annual dividend for 2023 was ₩2000.00
• LOTTE Fine Chemical's trailing twelve-month (TTM) dividend yield is 5.56%
• LOTTE Fine Chemical's payout ratio for the trailing twelve months (TTM) is 78.62%
• LOTTE Fine Chemical's dividend growth over the last five years (2018-2023) was 3.30% year
• LOTTE Fine Chemical's dividend growth over the last ten years (2013-2023) was 20.89% year
LOTTE Fine Chemical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-27 | ₩2000.00 | annually | 2024-04-19 |
2022-12-28 | ₩3500.00 | annually | 2023-04-21 |
2021-12-29 | ₩2300.00 | annually | 2022-04-15 |
2020-12-29 | ₩1500.00 | annually | 2021-04-16 |
2019-12-27 | ₩1700.00 | annually | 2020-04-23 |
2018-12-27 | ₩1700.00 | annually | 2019-04-24 |
2017-12-27 | ₩800.00 | annually | 2018-04-20 |
2016-12-28 | ₩300.00 | annually | |
2015-12-29 | ₩500.00 | annually | |
2014-12-29 | ₩300.00 | annually | |
2013-12-27 | ₩300.00 | annually | |
2012-12-27 | ₩650.00 | annually |
LOTTE Fine Chemical Dividend per year
LOTTE Fine Chemical Dividend growth
LOTTE Fine Chemical Dividend Yield
LOTTE Fine Chemical current trailing twelve-month (TTM) dividend yield is 5.56%. Interested in purchasing LOTTE Fine Chemical stock? Use our calculator to estimate your expected dividend yield:
LOTTE Fine Chemical Financial Ratios
LOTTE Fine Chemical Dividend FAQ
Other factors to consider when evaluating LOTTE Fine Chemical 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 Fine Chemical'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 Fine Chemical 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 Fine Chemical 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 Fine Chemical 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 Fine Chemical 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 Fine Chemical 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 Fine Chemical 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 Fine Chemical'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 Fine Chemical'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.