Posco Chemical Co., Ltd. engages in the refractory, furnace construction/maintenance, lime, environmental, chemicals and carbon materials, and secondary battery anode materials businesses. It manufactures and sells various shaped refractories, such as magnesia carbon, magnesia, chrome-magnesia, spinel, alumina, fire clay, and insulating fire bricks; unshaped refractories comprising spray materials, stamp mass products, tundish coating materials, mortar and miscellaneous products, and insulating and special castables; and magnesia clinker. The company also builds, installs, and maintains steel mill furnaces; and designs, produces, constructs, and engineers various industrial furnaces, as well as offers refractory installation/repair services. In addition, it provides burned lime for steelmaking, chemical, construction material, soil stabilization, and disinfectant applications; general chemicals and carbon materials; and cathode and anode materials for lithium-ion batteries. The company was formerly known as Posco Chemtech Company Ltd. and changed its name to Posco Chemical Co., Ltd. in March 2019. The company was founded in 1963 and is headquartered in Pohang, South Korea.
Posco Chemical Dividend Announcement
• Posco Chemical announced a annually dividend of ₩250.00 per ordinary share which will be made payable on . Ex dividend date: 2024-03-28
• Posco Chemical annual dividend for 2024 was ₩250.00
• Posco Chemical's trailing twelve-month (TTM) dividend yield is 0.13%
• Posco Chemical's payout ratio for the trailing twelve months (TTM) is -81.04%
Posco Chemical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-28 | ₩250.00 | annually | |
2022-12-28 | ₩300.00 | annually | 2023-04-19 |
2021-12-29 | ₩300.00 | annually | 2022-04-20 |
2020-12-29 | ₩300.00 | annually | 2021-04-14 |
2019-12-27 | ₩381.94 | annually | 2020-04-28 |
2018-12-27 | ₩381.94 | annually | 2019-04-17 |
2017-12-27 | ₩334.20 | annually | 2018-04-11 |
2016-12-28 | ₩286.45 | annually | |
2015-12-29 | ₩190.97 | annually | |
2014-12-29 | ₩1670.99 | annually | |
2013-12-27 | ₩1432.27 | annually | |
2012-12-27 | ₩1432.27 | annually |
Posco Chemical Dividend per year
Posco Chemical Dividend growth
Posco Chemical Dividend Yield
Posco Chemical current trailing twelve-month (TTM) dividend yield is 0.13%. Interested in purchasing Posco Chemical stock? Use our calculator to estimate your expected dividend yield:
Posco Chemical Financial Ratios
Posco Chemical Dividend FAQ
Other factors to consider when evaluating Posco 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: Posco 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, Posco 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, Posco 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 Posco 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: Posco 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, Posco 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: Posco 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 Posco 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 Posco 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.