Sangsin Brake Co., Ltd. engages in the manufacture and sale of brakes and other vehicle friction materials in South Korea and internationally. The company offers brake pads, brake linings, brake assemblies, brake shoe assemblies, rail brakes, retarders, tuning parts, yaw brakes, brake discs and drums, and brake parts under the HI-Q, HAGEN, and HARDRON brands. Its products are used in racing and premium cars, passenger and foreign vehicles, taxis, buses, and other commercial vehicles. The company was formerly known as Sangsin Brake Ind. Co., Ltd. and changed its name to Sangsin Brake Co., Ltd. in March 2002. Sangsin Brake Co., Ltd. was founded in 1953 and is headquartered in Daegu, South Korea.
Sangsin Brake Dividend Announcement
• Sangsin Brake announced a annually dividend of ₩110.00 per ordinary share which will be made payable on 2024-04-19. Ex dividend date: 2023-12-27
• Sangsin Brake annual dividend for 2023 was ₩110.00
• Sangsin Brake's trailing twelve-month (TTM) dividend yield is 3.22%
• Sangsin Brake's payout ratio for the trailing twelve months (TTM) is 10.38%
• Sangsin Brake's dividend growth over the last five years (2018-2023) was 1.92% year
• Sangsin Brake's dividend growth over the last ten years (2013-2023) was -2.38% year
Sangsin Brake Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-27 | ₩110.00 | annually | 2024-04-19 |
2022-12-28 | ₩100.00 | annually | 2023-04-21 |
2021-12-29 | ₩80.00 | annually | 2022-04-22 |
2020-12-29 | ₩50.00 | annually | 2021-04-23 |
2019-12-27 | ₩100.00 | annually | 2020-04-24 |
2018-12-27 | ₩100.00 | annually | 2019-04-18 |
2017-12-27 | ₩170.00 | annually | 2018-04-19 |
2016-12-28 | ₩160.00 | annually | |
2015-12-29 | ₩170.00 | annually | |
2014-12-29 | ₩160.00 | annually | |
2013-12-27 | ₩140.00 | annually | |
2012-12-27 | ₩130.00 | annually |
Sangsin Brake Dividend per year
Sangsin Brake Dividend growth
Sangsin Brake Dividend Yield
Sangsin Brake current trailing twelve-month (TTM) dividend yield is 3.22%. Interested in purchasing Sangsin Brake stock? Use our calculator to estimate your expected dividend yield:
Sangsin Brake Financial Ratios
Sangsin Brake Dividend FAQ
Other factors to consider when evaluating Sangsin Brake 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: Sangsin Brake'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, Sangsin Brake 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, Sangsin Brake 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 Sangsin Brake 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: Sangsin Brake 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, Sangsin Brake distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sangsin Brake 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 Sangsin Brake'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 Sangsin Brake'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.