LS Cable & System Asia Ltd. manufactures and sells cables for the electricity boards and news agencies worldwide. It offers overhead wires; LV/MV and HV power cables; and communication cables comprising UTP, optical fiber, and shielding cables. The company was founded in 2015 and is headquartered in Anyang, South Korea. LS Cable & System Asia Ltd. is a subsidiary of LS Cable & System Ltd.
LS Cable & System Asia Dividend Announcement
• LS Cable & System Asia announced a annually dividend of ₩200.00 per ordinary share which will be made payable on 2024-04-05. Ex dividend date: 2023-12-27 • LS Cable & System Asia annual dividend for 2023 was ₩200.00 • LS Cable & System Asia's trailing twelve-month (TTM) dividend yield is 0.72% • LS Cable & System Asia's payout ratio for the trailing twelve months (TTM) is 30.51% • LS Cable & System Asia's dividend growth over the last five years (2018-2023) was 4.56% year
LS Cable & System Asia current trailing twelve-month (TTM) dividend yield is 0.72%. Interested in purchasing LS Cable & System Asia stock? Use our calculator to estimate your expected dividend yield:
LS Cable & System Asia Financial Ratios
P/E ratio32.95
PEG ratio-12.62
P/B ratio5.92
ROE19.17%
Payout ratio30.51%
Current ratio1.27
Quick ratio0.73
Cash Ratio0.08
LS Cable & System Asia Dividend FAQ
How much is the next LS Cable & System Asia dividend?
LS Cable & System Asia's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next LS Cable & System Asia dividend. The next LS Cable & System Asia dividend will be released in December.
When is LS Cable & System Asia dividend paid?
LS Cable & System Asia 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 LS Cable & System Asia pay?
The specific amount of LS Cable & System Asia 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 LS Cable & System Asia's dividend history.
Does LS Cable & System Asia stock pay dividends?
Yes, LS Cable & System Asia 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 LS Cable & System Asia's dividend history.
How much dividend does LS Cable & System Asia pay?
LS Cable & System Asia paid ₩0 in 2024, ₩200 in 2023, ₩250 in 2022, ₩240 in 2021, and ₩200 in 2020.
How often does LS Cable & System Asia pay dividends?
LS Cable & System Asia 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 LS Cable & System Asia's dividend yield?
The current dividend yield for LS Cable & System Asia is 0.72%. 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 LS Cable & System Asia's exact dividend yield.
When does LS Cable & System Asia go ex dividend?
LS Cable & System Asia's ex-dividend date for the latest dividend was on 2023-12-27. LS Cable & System Asia 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 LS Cable & System Asia dividend paid?
LS Cable & System Asia pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will LS Cable & System Asia 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 LS Cable & System Asia 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 LS Cable & System Asia dividend per share?
LS Cable & System Asia paid ₩0 per share in 2024 and ₩200 per share in 2023. The amount of dividend per share that LS Cable & System Asia 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 LS Cable & System Asia 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 LS Cable & System Asia 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 LS Cable & System Asia a dividend stock?
Yes, LS Cable & System Asia is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is LS Cable & System Asia a good dividend stock?
Whether LS Cable & System Asia is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. LS Cable & System Asia has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating LS Cable & System Asia 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 LS Cable & System Asia pay dividends monthly?
LS Cable & System Asia typically pays dividends on a annually basis.
Does LS Cable & System Asia pay dividends quarterly?
LS Cable & System Asia currently pays dividends on a annually basis.
Has LS Cable & System Asia ever paid a dividend?
Yes, LS Cable & System Asia has a history of paying dividends to its shareholders. LS Cable & System Asia is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy LS Cable & System Asia dividend stocks?
To buy LS Cable & System Asia 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 LS Cable & System Asia 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 LS Cable & System Asia pay dividends 2024?
LS Cable & System Asia pays dividends on a annually basis. 2024 dividend payments are in 2024-04-05. 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 LS Cable & System Asia increase its dividend in 2024?
Decisions regarding LS Cable & System Asia 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 LS Cable & System Asia dividend overview you can look into the above table of dividend history.
How LS Cable & System Asia dividend works?
The LS Cable & System Asia 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 LS Cable & System Asia's dividend process works:
1. Determination of Dividend: LS Cable & System Asia'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, LS Cable & System Asia 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, LS Cable & System Asia 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 LS Cable & System Asia 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 LS Cable & System Asia dividends paid?
LS Cable & System Asia dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: LS Cable & System Asia 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, LS Cable & System Asia distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: LS Cable & System Asia 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 LS Cable & System Asia pay dividends?
LS Cable & System Asia 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 LS Cable & System Asia pay dividends?
The general pattern is that LS Cable & System Asia 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 LS Cable & System Asia dividend safe?
The safety of LS Cable & System Asia'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 LS Cable & System Asia'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 LS Cable & System Asia'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.