Motonic Corporation manufactures and sells automotive components worldwide. The company offers high pressure regulators, receptacle, and manifolds; LPDI high-pressure fuel pumps, and low-pressure fuel pumps and drivers; LPI systems comprising pump modules, injection modules, regulators, and drivers; oil pump control units and fuel pump controllers; and variable valve lifts. It also provides electronic-cylinder deactivation actuators and electronic-variable valve lifts; aluminum alloy, stainless steel, plastic, and high pressure rails; oil pumps; GDI high-pressure fuel pumps; EGR valves; and air induction components comprising intake manifolds, throttle bodies, and air control valves. In addition, the company offers LPG bi-fuel systems, including regulators, cut-off solenoids, ECUs, and injectors; rocker arms; and gas filters, switch and level gauges, waste gate actuators, control units, piston clutches, and LPG mixer systems. The company was formerly known as Changwon Carburetor Ind. Co., Ltd. and changed its name to Motonic Corporation in March 2002. Motonic Corporation was founded in 1974 and is headquartered in Seoul, South Korea.
Motonic Dividend Announcement
• Motonic announced a annually dividend of ₩450.00 per ordinary share which will be made payable on 2024-04-08. Ex dividend date: 2023-12-27
• Motonic annual dividend for 2023 was ₩450.00
• Motonic's trailing twelve-month (TTM) dividend yield is 5.18%
• Motonic's payout ratio for the trailing twelve months (TTM) is 31.37%
• Motonic's dividend growth over the last five years (2018-2023) was 8.45% year
• Motonic's dividend growth over the last ten years (2013-2023) was 6.05% year
Motonic Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-27 | ₩450.00 | annually | 2024-04-08 |
2022-12-28 | ₩400.00 | annually | 2023-04-06 |
2021-12-29 | ₩400.00 | annually | 2022-04-07 |
2020-12-29 | ₩400.00 | annually | 2021-04-01 |
2019-12-27 | ₩300.00 | annually | 2020-04-02 |
2018-12-27 | ₩300.00 | annually | 2019-04-04 |
2017-12-27 | ₩350.00 | annually | 2018-04-02 |
2016-12-28 | ₩250.00 | annually | |
2015-12-29 | ₩280.00 | annually | |
2014-12-29 | ₩250.00 | annually | |
2013-12-27 | ₩250.00 | annually | |
2012-12-27 | ₩250.00 | annually |
Motonic Dividend per year
Motonic Dividend growth
Motonic Dividend Yield
Motonic current trailing twelve-month (TTM) dividend yield is 5.18%. Interested in purchasing Motonic stock? Use our calculator to estimate your expected dividend yield:
Motonic Financial Ratios
Motonic Dividend FAQ
Other factors to consider when evaluating Motonic 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: Motonic'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, Motonic 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, Motonic 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 Motonic 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: Motonic 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, Motonic distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Motonic 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 Motonic'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 Motonic'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.