Mando Corporation manufactures and sells automobile parts in South Korea and internationally. The company offers braking systems, such as caliper brakes, master cylinder and boosters, drum brakes, electric parking brakes, active hydraulic boost products, integrated dynamic brakes, and active retraction calipers, as well as ABS, TCS, and ESC products; steering systems, including steering gear systems, manual steering gears, hydraulic power steering gears, intermediate shafts, steering columns, and electric power steering systems; and suspension systems comprising damper spring modules, shock absorbers, suspension struts, self-levelizers, and semi-active suspension systems. It also provides driver assistance systems consisting of smart cruise control, lane keeping assist, smart parking assist, blind spot detection, and autonomous emergency braking systems; and electronics, such as power packs, Yaw and G sensors, ultrasonic sensors, torque sensors, torque angle sensors, radars, and front camera modules. The company was founded in 1962 and is headquartered in Pyeongtaek-si, South Korea. Mando Corporation operates as a subsidiary of Halla Holdings Corp.
Mando Dividend Announcement
• Mando announced a annually dividend of ₩600.00 per ordinary share which will be made payable on 2024-04-25. Ex dividend date: 2023-12-27
• Mando annual dividend for 2023 was ₩600.00
• Mando's trailing twelve-month (TTM) dividend yield is 1.4%
• Mando's payout ratio for the trailing twelve months (TTM) is 19.57%
Mando Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-27 | ₩600.00 | annually | 2024-04-25 |
2022-12-28 | ₩500.00 | annually | 2023-04-21 |
2021-12-29 | ₩800.00 | annually | 2022-04-22 |
2019-12-27 | ₩550.00 | annually | 2020-04-17 |
2018-12-27 | ₩500.00 | annually | 2019-04-19 |
2017-12-27 | ₩1000.00 | annually | 2018-04-20 |
2016-12-28 | ₩5000.00 | annually | |
2015-12-29 | ₩4800.00 | annually | |
2014-12-29 | ₩2000.00 | annually |
Mando Dividend per year
Mando Dividend growth
Mando Dividend Yield
Mando current trailing twelve-month (TTM) dividend yield is 1.4%. Interested in purchasing Mando stock? Use our calculator to estimate your expected dividend yield:
Mando Financial Ratios
Mando Dividend FAQ
Other factors to consider when evaluating Mando 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: Mando'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, Mando 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, Mando 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 Mando 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: Mando 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, Mando distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mando 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 Mando'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 Mando'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.