Namhae Chemical Corporation produces and sells agricultural materials in South Korea and internationally. It offers fertilizers; and basic chemical products, such as ammonia, sulfuric acid, and urea. The company also operates gas stations, as well as supplies petroleum products, such as gasoline, diesel, and kerosene. In addition, it exports its products. Namhae Chemical Corporation was founded in 1974 and is headquartered in Yeosu, South Korea.
Namhae Chemical Dividend Announcement
• Namhae Chemical announced a annually dividend of ₩60.00 per ordinary share which will be made payable on 2025-04-18. Ex dividend date: 2024-12-27
• Namhae Chemical annual dividend for 2024 was ₩60.00
• Namhae Chemical annual dividend for 2023 was ₩60.00
• Namhae Chemical's trailing twelve-month (TTM) dividend yield is 0.98%
• Namhae Chemical's payout ratio for the trailing twelve months (TTM) is 10.49%
• Namhae Chemical's dividend growth over the last five years (2018-2023) was 3.71% year
• Namhae Chemical's dividend growth over the last ten years (2013-2023) was 1.84% year
Namhae Chemical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-27 | ₩60.00 | annually | 2025-04-18 |
2023-12-27 | ₩60.00 | annually | 2024-04-18 |
2022-12-28 | ₩100.00 | annually | 2023-04-21 |
2021-12-29 | ₩60.00 | annually | 2022-04-20 |
2020-12-29 | ₩80.00 | annually | 2021-04-20 |
2019-12-27 | ₩60.00 | annually | 2020-04-21 |
2018-12-27 | ₩50.00 | annually | 2019-04-25 |
2017-12-27 | ₩80.00 | annually | 2018-04-19 |
2016-12-28 | ₩45.00 | annually | |
2015-12-29 | ₩60.00 | annually | |
2014-12-29 | ₩60.00 | annually | |
2013-12-27 | ₩50.00 | annually |
Namhae Chemical Dividend per year
Namhae Chemical Dividend growth
Namhae Chemical Dividend Yield
Namhae Chemical current trailing twelve-month (TTM) dividend yield is 0.98%. Interested in purchasing Namhae Chemical stock? Use our calculator to estimate your expected dividend yield:
Namhae Chemical Financial Ratios
Namhae Chemical Dividend FAQ
Other factors to consider when evaluating Namhae 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: Namhae 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, Namhae 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, Namhae 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 Namhae 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: Namhae 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, Namhae 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: Namhae 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 Namhae 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 Namhae 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.