Samsung Card Co., Ltd. provides financial services in South Korea. The company offers card payment services, such as credit card, debit card, and pre-paid cards; short-term and long-term card loans; and installment and lease/rental finance. It also provides insurance and shopping services, as well as services for wedding, travel, and lifestyle; and fraud protection services. The company was formerly known as Samsung Credit Card Co., Ltd. and changed its name to Samsung Card Co., Ltd. in July 1995. The company was founded in 1988 and is headquartered in Seoul, South Korea. Samsung Card Co., Ltd. is a subsidiary of Samsung Life Insurance Co., Ltd.
Samsung Card Dividend Announcement
• Samsung Card announced a annually dividend of ₩2500.00 per ordinary share which will be made payable on . Ex dividend date: 2024-03-26
• Samsung Card annual dividend for 2024 was ₩2500.00
• Samsung Card's trailing twelve-month (TTM) dividend yield is 6.05%
• Samsung Card's payout ratio for the trailing twelve months (TTM) is 37.53%
Samsung Card Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-26 | ₩2500.00 | annually | |
2022-12-28 | ₩2500.00 | annually | 2023-04-13 |
2021-12-29 | ₩2300.00 | annually | 2022-04-15 |
2020-12-29 | ₩1800.00 | annually | 2021-04-15 |
2019-12-27 | ₩1600.00 | annually | 2020-04-16 |
2018-12-27 | ₩1600.00 | annually | 2019-04-17 |
2017-12-27 | ₩1500.00 | annually | 2018-04-19 |
2016-12-28 | ₩1500.00 | annually | |
2015-12-29 | ₩1500.00 | annually | |
2014-12-29 | ₩1000.00 | annually | |
2013-12-27 | ₩700.00 | annually | |
2012-12-27 | ₩700.00 | annually |
Samsung Card Dividend per year
Samsung Card Dividend growth
Samsung Card Dividend Yield
Samsung Card current trailing twelve-month (TTM) dividend yield is 6.05%. Interested in purchasing Samsung Card stock? Use our calculator to estimate your expected dividend yield:
Samsung Card Financial Ratios
Samsung Card Dividend FAQ
Other factors to consider when evaluating Samsung Card 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: Samsung Card'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, Samsung Card 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, Samsung Card 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 Samsung Card 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: Samsung Card 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, Samsung Card distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Samsung Card 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 Samsung Card'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 Samsung Card'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.