Posco International Corporation engages in the trading, resource development, and infrastructure development and operation businesses worldwide. The company is involved in the export, import, triangular trade, and sale of steel products, such as steel raw materials, semi-finished and long steel, hot-rolled steel, steel plates, cold-rolled steel, and galvanized steel. It also engages in the exploration, development, production, and sale of natural gas and crude oil; LNG pipeline transportation, liquefaction plant, shipping and trading, and regasification terminal and bunkering activities; generation, transmission, and distribution of power as an independent power producer; and exploration, development, and production of bituminous coal, copper, and other minerals. In addition, the company is involved in the extraction of oil from fresh fruit bunches (FFBs) harvested at plantations and the production and sale of oilseed products manufactured from processed FFBs; supplies rice; and operation of a grain export terminal for selling soybeans, wheat, corn, etc. Further, it supplies petroleum products, synthetic and natural rubber, chemical fertilizers, and inorganic chemicals; polyesters and polymers, including synthetic fiber intermediates, synthetic resins, cotton yarn, and fabric synthetic filament yarn-fiber; and trades in automobile parts, such as engines, transmissions, steering, suspension and motor parts, tires, batteries, wheels, and commercial and passenger vehicles. Additionally, the company exports, imports, and trades in non-ferrous metals and steelmaking materials comprising copper, aluminum, zinc, lead, nickel, and tin; other non-ferrous metals, including copper, titanium, and aluminum; non-ferrous scrap metals; and ferroalloy. The company was formerly known as Posco Daewoo Corporation and changed its name to Posco International Corporation in March 2019. Posco International Corporation was founded in 1967 and is headquartered in Incheon, South Korea.
Posco International Dividend Announcement
• Posco International announced a annually dividend of ₩1000.00 per ordinary share which will be made payable on . Ex dividend date: 2024-03-28
• Posco International annual dividend for 2024 was ₩1000.00
• Posco International's trailing twelve-month (TTM) dividend yield is 1.87%
• Posco International's payout ratio for the trailing twelve months (TTM) is 26.96%
Posco International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-28 | ₩1000.00 | annually | |
2022-12-28 | ₩1000.00 | annually | 2023-04-19 |
2021-12-29 | ₩800.00 | annually | 2022-04-20 |
2020-12-29 | ₩700.00 | annually | 2021-04-14 |
2019-12-27 | ₩700.00 | annually | 2020-04-29 |
2018-12-27 | ₩600.00 | annually | 2019-04-05 |
2017-12-27 | ₩500.00 | annually | 2018-04-06 |
2016-12-28 | ₩500.00 | annually | |
2015-12-29 | ₩500.00 | annually | |
2014-12-29 | ₩500.00 | annually | |
2013-12-27 | ₩300.00 | annually | |
2012-12-27 | ₩300.00 | annually |
Posco International Dividend per year
Posco International Dividend growth
Posco International Dividend Yield
Posco International current trailing twelve-month (TTM) dividend yield is 1.87%. Interested in purchasing Posco International stock? Use our calculator to estimate your expected dividend yield:
Posco International Financial Ratios
Posco International Dividend FAQ
Other factors to consider when evaluating Posco International 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 International'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 International 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 International 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 International 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 International 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 International 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 International 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 International'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 International'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.