Pan Ocean Co., Ltd., together with its subsidiaries, provides marine transportation and other related services worldwide. It operates through four segments: Bulk Carrier Service, Container Service, Tanker Service, and Other Shipping Services. The company offers break bulk liner services for steel, coal, wood, equipment, and machinery cargoes; tramper services for dry bulk cargo shipping, such as iron ore, coal, grain, sugar, logs, minerals, and scrap iron; large bulker services for transporting dry bulk cargo comprising grain, coal, and iron ore; and container services. It also provides tanker services for transporting palm oil, crude oil, naptha, gasoline, diesel, kerosene, jet fuel, and heavy oil; and petrochemicals, which comprise benzene, toluene, xylene, base oil, and caustic soda. In addition, the company provides liquefied natural gas carrier services; heavy lifter services for large equipment, machinery, devices, etc.; and tug boats, drill ships, barges, ocean platforms, etc. Further, it is involved in the trading and logistics of agriculture products, such as corn, soybean, wheat, and soybean meal. The company was formerly known as STX Pan Ocean Co., Ltd. and changed its name to Pan Ocean Co., Ltd. in January 2014. The company was founded in 1966 and is headquartered in Seoul, South Korea. Pan Ocean Co., Ltd. is a subsidiary of Harim Holdings Co., Ltd.
Pan Ocean Dividend Announcement
• Pan Ocean announced a annually dividend of ₩85.00 per ordinary share which will be made payable on 2024-04-15. Ex dividend date: 2023-12-27
• Pan Ocean annual dividend for 2023 was ₩85.00
• Pan Ocean's trailing twelve-month (TTM) dividend yield is 2.36%
• Pan Ocean's payout ratio for the trailing twelve months (TTM) is 14.36%
Pan Ocean Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-12-27 | ₩85.00 | annually | 2024-04-15 |
| 2022-12-28 | ₩150.00 | annually | 2023-04-14 |
| 2021-12-29 | ₩100.00 | annually | 2022-04-15 |
| 2020-12-29 | ₩50.00 | annually | 2021-04-23 |
| 2011-12-28 | ₩80.00 | annually | |
| 2010-12-29 | ₩100.00 | annually | |
| 2009-12-29 | ₩100.00 | annually | |
| 2008-12-29 | ₩365.00 | annually | |
| 2007-12-27 | ₩46.00 | annually |
Pan Ocean Dividend per year
Pan Ocean Dividend growth
Pan Ocean Dividend Yield
Pan Ocean current trailing twelve-month (TTM) dividend yield is 2.36%. Interested in purchasing Pan Ocean stock? Use our calculator to estimate your expected dividend yield:
Pan Ocean Financial Ratios
P/E ratio6.07
PEG ratio-0.06
P/B ratio0.37
ROE6.38%
Payout ratio14.36%
Current ratio1.54
Quick ratio1.44
Cash Ratio0.82
Pan Ocean Dividend FAQ
How much is the next Pan Ocean dividend?
Pan Ocean's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Pan Ocean dividend. The next Pan Ocean dividend will be released in December.
When is Pan Ocean dividend paid?
Pan Ocean 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 Pan Ocean pay?
The specific amount of Pan Ocean 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 Pan Ocean's dividend history.
Does Pan Ocean stock pay dividends?
Yes, Pan Ocean 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 Pan Ocean's dividend history.
How much dividend does Pan Ocean pay?
Pan Ocean paid ₩0 in 2024, ₩85 in 2023, ₩150 in 2022, ₩100 in 2021, and ₩50 in 2020.
How often does Pan Ocean pay dividends?
Pan Ocean 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 Pan Ocean's dividend yield?
The current dividend yield for Pan Ocean is 2.36%. 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 Pan Ocean's exact dividend yield.
When does Pan Ocean go ex dividend?
Pan Ocean's ex-dividend date for the latest dividend was on 2023-12-27. Pan Ocean 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 Pan Ocean dividend paid?
Pan Ocean pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will Pan Ocean 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 Pan Ocean 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 Pan Ocean dividend per share?
Pan Ocean paid ₩0 per share in 2024 and ₩85 per share in 2023. The amount of dividend per share that Pan Ocean 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 Pan Ocean 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 Pan Ocean 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 Pan Ocean a dividend stock?
Yes, Pan Ocean is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Pan Ocean a good dividend stock?
Whether Pan Ocean is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Pan Ocean has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Pan Ocean 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.
Other factors to consider when evaluating Pan Ocean 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 Pan Ocean pay dividends monthly?
Pan Ocean typically pays dividends on a annually basis.
Does Pan Ocean pay dividends quarterly?
Pan Ocean currently pays dividends on a annually basis.
Has Pan Ocean ever paid a dividend?
Yes, Pan Ocean has a history of paying dividends to its shareholders. Pan Ocean is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Pan Ocean dividend stocks?
To buy Pan Ocean 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 Pan Ocean 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.
Place an order: Use the brokerage's trading platform to place an order to buy Pan Ocean 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 Pan Ocean pay dividends 2024?
Pan Ocean pays dividends on a annually basis. 2024 dividend payments are in 2024-04-15. 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 Pan Ocean increase its dividend in 2024?
Decisions regarding Pan Ocean 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 Pan Ocean dividend overview you can look into the above table of dividend history.
How Pan Ocean dividend works?
The Pan Ocean 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 Pan Ocean's dividend process works:
1. Determination of Dividend: Pan Ocean'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, Pan Ocean 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, Pan Ocean 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 Pan Ocean 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. Determination of Dividend: Pan Ocean'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, Pan Ocean 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, Pan Ocean 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 Pan Ocean 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 Pan Ocean dividends paid?
Pan Ocean dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Pan Ocean 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, Pan Ocean distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Pan Ocean 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.
1. Record Date: Pan Ocean 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, Pan Ocean distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Pan Ocean 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 Pan Ocean pay dividends?
Pan Ocean 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 Pan Ocean pay dividends?
The general pattern is that Pan Ocean 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 Pan Ocean dividend safe?
The safety of Pan Ocean'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 Pan Ocean'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 Pan Ocean'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.
To assess the safety of Pan Ocean'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 Pan Ocean'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.