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SAMICK MUSICAL INSTRUMENT Co., Ltd, together with subsidiaries, manufactures, and sells musical instruments in South Korea. It offers pianos, digital pianos and audios, DJ, guitar and bass products, ukulele, orchestra, and other educational instruments. The company also sells its products online. The company was founded in 1958 and is headquartered in Eumseong-eup, South Korea.

SAMICK MUSICAL INSTRUMENT Dividend Announcement

SAMICK MUSICAL INSTRUMENT announced a annually dividend of ₩50.00 per ordinary share which will be made payable on 2024-04-23. Ex dividend date: 2023-12-27
SAMICK MUSICAL INSTRUMENT annual dividend for 2023 was ₩50.00
SAMICK MUSICAL INSTRUMENT 's trailing twelve-month (TTM) dividend yield is 4.63%
SAMICK MUSICAL INSTRUMENT 's payout ratio for the trailing twelve months (TTM) is 57.55%

SAMICK MUSICAL INSTRUMENT Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-12-27₩50.00annually2024-04-23
2022-12-28₩50.00annually2023-04-01
2021-12-29₩50.00annually2022-04-15
2020-12-29₩50.00annually2021-04-16
2019-12-27₩50.00annually2020-04-14
2018-12-27₩50.00annually2019-04-12
2017-12-27₩50.00annually2018-04-13
2016-12-28₩50.00annually
2015-12-29₩50.00annually
2014-12-29₩50.00annually
2013-12-27₩50.00annually
2011-12-28₩30.00annually

SAMICK MUSICAL INSTRUMENT Dividend per year

SAMICK MUSICAL INSTRUMENT Dividend growth

SAMICK MUSICAL INSTRUMENT Dividend Yield

SAMICK MUSICAL INSTRUMENT current trailing twelve-month (TTM) dividend yield is 4.63%. Interested in purchasing SAMICK MUSICAL INSTRUMENT stock? Use our calculator to estimate your expected dividend yield:

SAMICK MUSICAL INSTRUMENT Financial Ratios

P/E ratio11.73
PEG ratio0.49
P/B ratio0.31
ROE2.63%
Payout ratio57.55%
Current ratio1.53
Quick ratio1.06
Cash Ratio0.70

SAMICK MUSICAL INSTRUMENT Dividend FAQ

How much is the next SAMICK MUSICAL INSTRUMENT dividend?
SAMICK MUSICAL INSTRUMENT 's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next SAMICK MUSICAL INSTRUMENT dividend. The next SAMICK MUSICAL INSTRUMENT dividend will be released in December.
When is SAMICK MUSICAL INSTRUMENT dividend paid?
SAMICK MUSICAL INSTRUMENT 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 SAMICK MUSICAL INSTRUMENT pay?
The specific amount of SAMICK MUSICAL INSTRUMENT 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 SAMICK MUSICAL INSTRUMENT 's dividend history.
Does SAMICK MUSICAL INSTRUMENT stock pay dividends?
Yes, SAMICK MUSICAL INSTRUMENT 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 SAMICK MUSICAL INSTRUMENT 's dividend history.
How much dividend does SAMICK MUSICAL INSTRUMENT pay?
SAMICK MUSICAL INSTRUMENT paid ₩0 in 2024, ₩50 in 2023, ₩50 in 2022, ₩50 in 2021, and ₩50 in 2020.
How often does SAMICK MUSICAL INSTRUMENT pay dividends?
SAMICK MUSICAL INSTRUMENT 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 SAMICK MUSICAL INSTRUMENT 's dividend yield?
The current dividend yield for SAMICK MUSICAL INSTRUMENT is 4.63%. 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 SAMICK MUSICAL INSTRUMENT 's exact dividend yield.
When does SAMICK MUSICAL INSTRUMENT go ex dividend?
SAMICK MUSICAL INSTRUMENT 's ex-dividend date for the latest dividend was on 2023-12-27. SAMICK MUSICAL INSTRUMENT 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 SAMICK MUSICAL INSTRUMENT dividend paid?
SAMICK MUSICAL INSTRUMENT pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will SAMICK MUSICAL INSTRUMENT 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 SAMICK MUSICAL INSTRUMENT 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 SAMICK MUSICAL INSTRUMENT dividend per share?
SAMICK MUSICAL INSTRUMENT paid ₩0 per share in 2024 and ₩50 per share in 2023. The amount of dividend per share that SAMICK MUSICAL INSTRUMENT 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 SAMICK MUSICAL INSTRUMENT 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 SAMICK MUSICAL INSTRUMENT 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 SAMICK MUSICAL INSTRUMENT a dividend stock?
Yes, SAMICK MUSICAL INSTRUMENT is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is SAMICK MUSICAL INSTRUMENT a good dividend stock?
Whether SAMICK MUSICAL INSTRUMENT is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. SAMICK MUSICAL INSTRUMENT has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating SAMICK MUSICAL INSTRUMENT 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 SAMICK MUSICAL INSTRUMENT pay dividends monthly?
SAMICK MUSICAL INSTRUMENT typically pays dividends on a annually basis.
Does SAMICK MUSICAL INSTRUMENT pay dividends quarterly?
SAMICK MUSICAL INSTRUMENT currently pays dividends on a annually basis.
Has SAMICK MUSICAL INSTRUMENT ever paid a dividend?
Yes, SAMICK MUSICAL INSTRUMENT has a history of paying dividends to its shareholders. SAMICK MUSICAL INSTRUMENT is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy SAMICK MUSICAL INSTRUMENT dividend stocks?
To buy SAMICK MUSICAL INSTRUMENT 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 SAMICK MUSICAL INSTRUMENT 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 SAMICK MUSICAL INSTRUMENT pay dividends 2024?
SAMICK MUSICAL INSTRUMENT pays dividends on a annually basis. 2024 dividend payments are in 2024-04-23. 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 SAMICK MUSICAL INSTRUMENT increase its dividend in 2024?
Decisions regarding SAMICK MUSICAL INSTRUMENT 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 SAMICK MUSICAL INSTRUMENT dividend overview you can look into the above table of dividend history.
How SAMICK MUSICAL INSTRUMENT dividend works?
The SAMICK MUSICAL INSTRUMENT 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 SAMICK MUSICAL INSTRUMENT 's dividend process works:

1. Determination of Dividend: SAMICK MUSICAL INSTRUMENT '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, SAMICK MUSICAL INSTRUMENT 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, SAMICK MUSICAL INSTRUMENT 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 SAMICK MUSICAL INSTRUMENT 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 SAMICK MUSICAL INSTRUMENT dividends paid?
SAMICK MUSICAL INSTRUMENT dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: SAMICK MUSICAL INSTRUMENT 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, SAMICK MUSICAL INSTRUMENT distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: SAMICK MUSICAL INSTRUMENT 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 SAMICK MUSICAL INSTRUMENT pay dividends?
SAMICK MUSICAL INSTRUMENT 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 SAMICK MUSICAL INSTRUMENT pay dividends?
The general pattern is that SAMICK MUSICAL INSTRUMENT 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 SAMICK MUSICAL INSTRUMENT dividend safe?
The safety of SAMICK MUSICAL INSTRUMENT '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 SAMICK MUSICAL INSTRUMENT '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 SAMICK MUSICAL INSTRUMENT '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.