Samsung Life Insurance Co., Ltd. engages in the life insurance business in Korea and internationally. The company operates through Domestic Insurance; Credit Card Service, Installment Financing, and Leasing; and Overseas segments. It offers life, term, health, accident, pension, saving, child, and direct insurance; insurance contract, credit, and mortgage loans; and retirement pension products. In addition, the company engages in the provision of real estate lease, investment and trust management, specialized credit finance, collective and real estate collective investment vehicle, and new technology business investment services. As of December 31, 2021, it operated 88 local divisions and 590 branches. The company was incorporated in 1957 and is based in Seoul, South Korea.
Samsung Life Insurance Dividend Announcement
• Samsung Life Insurance announced a annually dividend of ₩3700.00 per ordinary share which will be made payable on 2024-04-19. Ex dividend date: 2023-12-27
• Samsung Life Insurance annual dividend for 2023 was ₩3700.00
• Samsung Life Insurance's trailing twelve-month (TTM) dividend yield is 3.59%
• Samsung Life Insurance's payout ratio for the trailing twelve months (TTM) is 57.67%
• Samsung Life Insurance's dividend growth over the last five years (2018-2023) was 6.90% year
• Samsung Life Insurance's dividend growth over the last ten years (2013-2023) was 4.64% year
Samsung Life Insurance Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-27 | ₩3700.00 | annually | 2024-04-19 |
2022-12-28 | ₩3000.00 | annually | 2023-04-14 |
2021-12-29 | ₩3000.00 | annually | 2022-04-15 |
2020-12-29 | ₩2500.00 | annually | 2021-04-16 |
2019-12-27 | ₩2650.00 | annually | 2020-04-17 |
2018-12-27 | ₩2650.00 | annually | 2019-04-19 |
2017-12-27 | ₩2000.00 | annually | 2018-04-06 |
2016-12-28 | ₩1200.00 | annually | |
2015-12-29 | ₩1800.00 | annually | |
2014-12-29 | ₩1800.00 | annually | |
2013-12-27 | ₩850.00 | annually | |
2013-03-28 | ₩1500.00 | annually | |
2012-03-29 | ₩2000.00 | annually |
Samsung Life Insurance Dividend per year
Samsung Life Insurance Dividend growth
Samsung Life Insurance Dividend Yield
Samsung Life Insurance current trailing twelve-month (TTM) dividend yield is 3.59%. Interested in purchasing Samsung Life Insurance stock? Use our calculator to estimate your expected dividend yield:
Samsung Life Insurance Financial Ratios
Samsung Life Insurance Dividend FAQ
Other factors to consider when evaluating Samsung Life Insurance 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 Life Insurance'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 Life Insurance 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 Life Insurance 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 Life Insurance 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 Life Insurance 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 Life Insurance 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 Life Insurance 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 Life Insurance'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 Life Insurance'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.