Hecto Innovation Co., Ltd. operates as an IT platform company in the field of information security primarily in Korea. The company offers mobile phone number theft prevention services; Login Plus, a personal information management service; Simple Payment Manager, an ID/PW management solution; and stock investment notes. It also provides Health Keeper, a service that checks and manages insurance/health information in mobile; Superstock and Alphastock, an analysis of robo-advisors stock service; ad collection, a digital advertising platform; and Tior, a service that provides the function of integrating test drive reservations for vehicles in real time. In addition, the company offers My Information Protector, a comprehensive personal information security service to prevent damage to personal information leakage; SafeCash, a service that views and manages assets and multiple bank assets; Apartment Subscription Care, a customized apartment recommendation service; The Sen Card that offers card benefit management service; and income from kicking, an XER platform. The company was formerly known as Minwise Co., Ltd. Hecto Innovation Co., Ltd. was founded in 2009 and is based in Seoul, South Korea.
Minwise Dividend Announcement
• Minwise announced a annually dividend of ₩420.00 per ordinary share which will be made payable on 2024-04-12. Ex dividend date: 2023-12-27
• Minwise annual dividend for 2023 was ₩420.00
• Minwise 's trailing twelve-month (TTM) dividend yield is 3.39%
• Minwise 's payout ratio for the trailing twelve months (TTM) is 21.85%
Minwise Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-27 | ₩420.00 | annually | 2024-04-12 |
2022-12-28 | ₩420.00 | annually | 2023-04-12 |
2016-12-28 | ₩900.00 | annually | |
2015-12-29 | ₩700.00 | annually |
Minwise Dividend per year
Minwise Dividend growth
Minwise Dividend Yield
Minwise current trailing twelve-month (TTM) dividend yield is 3.39%. Interested in purchasing Minwise stock? Use our calculator to estimate your expected dividend yield:
Minwise Financial Ratios
Minwise Dividend FAQ
Other factors to consider when evaluating Minwise 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: Minwise '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, Minwise 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, Minwise 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 Minwise 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: Minwise 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, Minwise distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Minwise 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 Minwise '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 Minwise '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.