Samyang Packaging Corporation manufactures and sells PET bottles that are used for various types of food and beverages in South Korea. The company offers heat resistant, heat and pressure resistant, pressure resistant, normal pressure, and miscellaneous bottles for use as PET bottles of beverages, such as fruit drinks, sports drinks, and coffee. It is also involved in the production and supply of various preforms; PET recycling activities; and aseptic filling business under the Asepsys name. The company was founded in 2014 and is headquartered in Seoul, South Korea. Samyang Packaging Corporation is a subsidiary of Samyang Corporation.
Samyang Packaging Dividend Announcement
• Samyang Packaging announced a annually dividend of ₩500.00 per ordinary share which will be made payable on 2024-04-02. Ex dividend date: 2023-12-27 • Samyang Packaging annual dividend for 2023 was ₩500.00 • Samyang Packaging's trailing twelve-month (TTM) dividend yield is 3.0% • Samyang Packaging's payout ratio for the trailing twelve months (TTM) is 28.96%
Samyang Packaging current trailing twelve-month (TTM) dividend yield is 3.0%. Interested in purchasing Samyang Packaging stock? Use our calculator to estimate your expected dividend yield:
Samyang Packaging Financial Ratios
P/E ratio9.59
PEG ratio-0.53
P/B ratio0.69
ROE7.30%
Payout ratio28.96%
Current ratio0.80
Quick ratio0.66
Cash Ratio0.10
Samyang Packaging Dividend FAQ
How much is the next Samyang Packaging dividend?
Samyang Packaging's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Samyang Packaging dividend. The next Samyang Packaging dividend will be released in December.
When is Samyang Packaging dividend paid?
Samyang Packaging 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 Samyang Packaging pay?
The specific amount of Samyang Packaging 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 Samyang Packaging's dividend history.
Does Samyang Packaging stock pay dividends?
Yes, Samyang Packaging 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 Samyang Packaging's dividend history.
How much dividend does Samyang Packaging pay?
Samyang Packaging paid ₩0 in 2024, ₩500 in 2023, ₩750 in 2022, ₩1000 in 2021, and ₩1000 in 2020.
How often does Samyang Packaging pay dividends?
Samyang Packaging 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 Samyang Packaging's dividend yield?
The current dividend yield for Samyang Packaging is 3.0%. 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 Samyang Packaging's exact dividend yield.
When does Samyang Packaging go ex dividend?
Samyang Packaging's ex-dividend date for the latest dividend was on 2023-12-27. Samyang Packaging 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 Samyang Packaging dividend paid?
Samyang Packaging pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will Samyang Packaging 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 Samyang Packaging 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 Samyang Packaging dividend per share?
Samyang Packaging paid ₩0 per share in 2024 and ₩500 per share in 2023. The amount of dividend per share that Samyang Packaging 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 Samyang Packaging 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 Samyang Packaging 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 Samyang Packaging a dividend stock?
Yes, Samyang Packaging is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Samyang Packaging a good dividend stock?
Whether Samyang Packaging is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Samyang Packaging has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Samyang Packaging 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 Samyang Packaging pay dividends monthly?
Samyang Packaging typically pays dividends on a annually basis.
Does Samyang Packaging pay dividends quarterly?
Samyang Packaging currently pays dividends on a annually basis.
Has Samyang Packaging ever paid a dividend?
Yes, Samyang Packaging has a history of paying dividends to its shareholders. Samyang Packaging is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Samyang Packaging dividend stocks?
To buy Samyang Packaging 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 Samyang Packaging 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 Samyang Packaging pay dividends 2024?
Samyang Packaging pays dividends on a annually basis. 2024 dividend payments are in 2024-04-02. 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 Samyang Packaging increase its dividend in 2024?
Decisions regarding Samyang Packaging 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 Samyang Packaging dividend overview you can look into the above table of dividend history.
How Samyang Packaging dividend works?
The Samyang Packaging 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 Samyang Packaging's dividend process works:
1. Determination of Dividend: Samyang Packaging'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 Packaging 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 Packaging 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 Packaging 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 Samyang Packaging dividends paid?
Samyang Packaging dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Samyang Packaging 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 Packaging 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 Packaging 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 Samyang Packaging pay dividends?
Samyang Packaging 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 Samyang Packaging pay dividends?
The general pattern is that Samyang Packaging 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 Samyang Packaging dividend safe?
The safety of Samyang Packaging'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 Samyang Packaging'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 Packaging'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.