SAMWONSTEEL Co., Ltd. develops and supplies bars and auto spring materials for the automotive industry in South Korea, Japan, China, India, the United States, Southeast Asia, Europe, and Latin America. It offers round and square edge flat bars, round bars, peeled bars, centerless ground bars, pipes, and parabolic and multi-leaf springs for automobiles. The company also provides coil springs, stabilizer bars, and torsion bars. In addition, it focuses on the development and production of high-performance and high-stress materials for lightweight vehicles. The company was founded in 1992 and is headquartered in Pohang, South Korea.
SAMWONSTEEL Dividend Announcement
• SAMWONSTEEL announced a annually dividend of ₩110.00 per ordinary share which will be made payable on 2025-04-18. Ex dividend date: 2024-12-27
• SAMWONSTEEL annual dividend for 2024 was ₩110.00
• SAMWONSTEEL annual dividend for 2023 was ₩110.00
• SAMWONSTEEL's trailing twelve-month (TTM) dividend yield is 4.82%
• SAMWONSTEEL's payout ratio for the trailing twelve months (TTM) is 29.47%
• SAMWONSTEEL's dividend growth over the last five years (2018-2023) was -0.89% year
• SAMWONSTEEL's dividend growth over the last ten years (2013-2023) was -0.87% year
SAMWONSTEEL Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-27 | ₩110.00 | annually | 2025-04-18 |
2023-12-27 | ₩110.00 | annually | 2024-04-18 |
2022-12-28 | ₩105.00 | annually | 2023-04-21 |
2021-12-29 | ₩105.00 | annually | 2022-03-16 |
2020-12-29 | ₩105.00 | annually | 2021-03-17 |
2019-12-27 | ₩115.00 | annually | 2020-03-12 |
2018-12-27 | ₩115.00 | annually | 2019-03-13 |
2017-12-27 | ₩115.00 | annually | 2018-03-23 |
2016-12-28 | ₩125.00 | annually | |
2015-12-29 | ₩125.00 | annually | |
2014-12-29 | ₩120.00 | annually | |
2013-12-27 | ₩120.00 | annually |
SAMWONSTEEL Dividend per year
SAMWONSTEEL Dividend growth
SAMWONSTEEL Dividend Yield
SAMWONSTEEL current trailing twelve-month (TTM) dividend yield is 4.82%. Interested in purchasing SAMWONSTEEL stock? Use our calculator to estimate your expected dividend yield:
SAMWONSTEEL Financial Ratios
SAMWONSTEEL Dividend FAQ
Other factors to consider when evaluating SAMWONSTEEL 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: SAMWONSTEEL'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, SAMWONSTEEL 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, SAMWONSTEEL 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 SAMWONSTEEL 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: SAMWONSTEEL 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, SAMWONSTEEL distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SAMWONSTEEL 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 SAMWONSTEEL'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 SAMWONSTEEL'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.