POSCO Holdings Inc., together with its subsidiaries, manufactures and sells steel rolled products and plates in South Korea and internationally. It operates through four segments: Steel, Construction, Trading, and Others. The company offers hot and cold rolled steel, steel plates, wire rods, galvanized sheets, electrical steel, stainless steel, and titanium. It also engages in the design, manufacture, and construction of steel mills and their facilities, and commercial and residential facilities; export and import of raw materials, as well as provision of supply and purchase transactions between domestic and foreign companies, and various steel products; power generation activities; and provision of network, system integration, and logistics services. In addition, the company is involved in the engineering and construction; research and consulting; architectural design and supervision; investment in venture, energy, and technology industries; electronic commerce; intellectual property services and consulting; transporting and warehousing; real estate development, rental, sale, and management; and education and real estate business. Further, it engages in the resource development; mine development; business facility maintenance; fuel cell; iron ore and coal sales; anode reproduction; and cargo handling business, as well as operates housing business agency. Additionally, the company is involved in the IT service and DVR; electric control engineering; forest resources development; refractory materials sales and furnace maintenance; quicklime manufacturing and sales; wastewater treatment operation and maintenance; rice processing; grain sales; and social enterprise businesses. POSCO Holdings Inc. was incorporated in 1968 and is headquartered in Pohang, South Korea.
POSCO Dividend Announcement
• POSCO announced a quarterly dividend of $0.37 per ordinary share which will be made payable on 2024-09-06. Ex dividend date: 2024-06-28
• POSCO annual dividend for 2024 was $1.31
• POSCO annual dividend for 2023 was $1.42
• POSCO's trailing twelve-month (TTM) dividend yield is 2.36%
• POSCO's payout ratio for the trailing twelve months (TTM) is 64.61%
• POSCO's dividend growth over the last five years (2018-2023) was -8.49% year
• POSCO's dividend growth over the last ten years (2013-2023) was -2.65% year
POSCO Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-28 | $0.37 | quarterly | 2024-09-06 |
2024-03-28 | $0.47 | quarterly | 2024-04-26 |
2024-02-28 | $0.47 | quarterly | 2024-05-27 |
2023-09-28 | $0.48 | quarterly | 2023-12-01 |
2023-06-29 | $0.47 | quarterly | 2023-09-06 |
2023-03-30 | $0.47 | quarterly | 2023-04-24 |
2022-06-29 | $0.74 | quarterly | 2022-09-09 |
2021-09-29 | $1.05 | quarterly | 2021-12-03 |
2021-06-29 | $0.86 | quarterly | 2021-09-10 |
2021-03-30 | $0.67 | quarterly | 2021-06-10 |
2020-12-30 | $1.00 | quarterly | 2021-04-16 |
2020-09-29 | $0.34 | quarterly | 2020-12-04 |
2020-06-29 | $0.11 | quarterly | 2020-09-04 |
2020-03-30 | $0.30 | quarterly | 2020-06-04 |
2019-12-30 | $0.81 | quarterly | 2020-05-04 |
2019-09-27 | $0.42 | quarterly | 2019-11-29 |
2019-06-27 | $0.41 | quarterly | 2019-08-23 |
2019-03-28 | $0.42 | quarterly | 2019-06-06 |
2018-12-28 | $1.10 | quarterly | 2019-04-22 |
2018-09-27 | $0.44 | quarterly | 2018-11-30 |
2018-06-28 | $0.33 | quarterly | 2018-08-23 |
2018-03-29 | $0.35 | quarterly | 2018-06-07 |
2017-12-28 | $0.82 | quarterly | 2018-04-16 |
2017-09-28 | $0.34 | quarterly | 2017-12-01 |
2017-06-28 | $0.33 | quarterly | 2017-08-28 |
2017-03-29 | $0.33 | quarterly | 2017-06-08 |
2016-12-28 | $1.26 | quarterly | |
2016-09-28 | $0.16 | quarterly | 2016-12-02 |
2016-06-28 | $0.33 | quarterly | 2016-08-31 |
2015-12-29 | $1.30 | quarterly | |
2015-06-29 | $0.42 | quarterly | 2015-09-14 |
2014-12-29 | $1.36 | quarterly | |
2014-06-30 | $0.49 | quarterly | 2014-09-04 |
2013-12-27 | $1.42 | quarterly | 2014-04-10 |
2013-06-25 | $0.45 | quarterly | 2013-09-09 |
POSCO Dividend per year
POSCO Dividend growth
POSCO Dividend Yield
POSCO current trailing twelve-month (TTM) dividend yield is 2.36%. Interested in purchasing POSCO stock? Use our calculator to estimate your expected dividend yield:
POSCO Financial Ratios
POSCO Dividend FAQ
Other factors to consider when evaluating POSCO 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: POSCO'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, POSCO 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, POSCO 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 POSCO 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: POSCO 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, POSCO distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: POSCO 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 POSCO'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 POSCO'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.