Samyang Foods Co., Ltd. produces various food products in South Korea. It offers noodles, snacks, dairy products, sauces, agro-fishery products, and beef products. The company also exports noodles/snacks to the United States, Canada, Argentina, Paraguay, and Chile; China, Singapore, Japan, Malaysia, Vietnam, and Hong Kong; the United Kingdom, Germany, Spain, Sweden, and the Netherlands; Australia, New Zealand, Samoa, and Micronesia; and Saudi Arabia, Bahrain, and the United Arab Emirates, as well as dairy products to china. The company was founded in 1961 and is based in Seoul, South Korea.
Samyang Foods Dividend Announcement
• Samyang Foods announced a semi annually dividend of ₩1500.00 per ordinary share which will be made payable on 2024-09-10. Ex dividend date: 2024-08-26
• Samyang Foods annual dividend for 2024 was ₩1500.00
• Samyang Foods annual dividend for 2023 was ₩2100.00
• Samyang Foods's trailing twelve-month (TTM) dividend yield is 0.4%
• Samyang Foods's payout ratio for the trailing twelve months (TTM) is 6.89%
• Samyang Foods's dividend growth over the last five years (2018-2023) was 39.33% year
• Samyang Foods's dividend growth over the last ten years (2013-2023) was 35.59% year
Samyang Foods Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-26 | ₩1500.00 | semi annually | 2024-09-10 |
2023-12-27 | ₩1100.00 | semi annually | 2024-04-23 |
2023-06-29 | ₩1000.00 | semi annually | 2023-09-01 |
2022-12-28 | ₩600.00 | semi annually | 2023-04-21 |
2022-06-28 | ₩800.00 | semi annually | 2022-09-01 |
2021-12-29 | ₩1000.00 | semi annually | 2022-04-20 |
2020-12-29 | ₩800.00 | semi annually | 2021-04-22 |
2019-12-27 | ₩800.00 | semi annually | 2020-04-20 |
2018-12-27 | ₩400.00 | semi annually | 2019-04-22 |
2017-12-27 | ₩250.00 | semi annually | 2018-04-23 |
2016-12-28 | ₩150.00 | semi annually | |
2015-12-29 | ₩50.00 | semi annually | |
2014-12-29 | ₩100.00 | semi annually | |
2013-12-27 | ₩100.00 | semi annually |
Samyang Foods Dividend per year
Samyang Foods Dividend growth
Samyang Foods Dividend Yield
Samyang Foods current trailing twelve-month (TTM) dividend yield is 0.4%. Interested in purchasing Samyang Foods stock? Use our calculator to estimate your expected dividend yield:
Samyang Foods Financial Ratios
Samyang Foods Dividend FAQ
Other factors to consider when evaluating Samyang Foods 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: Samyang Foods'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, Samyang Foods 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, Samyang Foods 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 Samyang Foods 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: Samyang Foods 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, Samyang Foods distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Samyang Foods 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 Samyang Foods'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 Samyang Foods'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.