SeAH Besteel Holdings Corporation engages in the manufacture and sale of special steel, heavy forgings, automotive parts, and axels in South Korea. It offers special steel products for engine, transmission, and chassis, as well as spring and bearing steel for automobiles; steel for hydraulic breaker steel and rock drill machine steel, as well as tool steel/plastic mold steel for construction/industrial machinery; and steel for oil industry, wind power, and mooring chain for energy sector. The company also provides forged shell and tube sheet for power generation and petro-chemical plant; roll for steel mill facilities; shaft and crank throw for shipbuilding; and plastic mold steel from raw material to forging and machining. Further, it offers axles, including front driving differential assembly, rear axle assembly, and axle housing products; and tripod housing and outer race products. The company was founded in 1937 and is headquartered in Seoul, South Korea. SeAH Besteel Holdings Corporation is a subsidiary of SeAH Holdings Corporation.
SeAH Besteel Dividend Announcement
• SeAH Besteel announced a annually dividend of ₩1200.00 per ordinary share which will be made payable on 2024-04-17. Ex dividend date: 2023-12-27
• SeAH Besteel annual dividend for 2023 was ₩1200.00
• SeAH Besteel's trailing twelve-month (TTM) dividend yield is 6.25%
• SeAH Besteel's payout ratio for the trailing twelve months (TTM) is 56.12%
• SeAH Besteel's dividend growth over the last five years (2018-2023) was 7.14% year
• SeAH Besteel's dividend growth over the last ten years (2013-2023) was 2.92% year
SeAH Besteel Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-27 | ₩1200.00 | annually | 2024-04-17 |
2022-12-28 | ₩1200.00 | annually | 2023-04-25 |
2021-12-29 | ₩1500.00 | annually | 2022-04-18 |
2020-12-29 | ₩200.00 | annually | 2021-04-16 |
2019-12-27 | ₩300.00 | annually | 2020-04-17 |
2018-12-27 | ₩850.00 | annually | 2019-04-12 |
2017-12-27 | ₩900.00 | annually | 2018-04-13 |
2016-12-28 | ₩800.00 | annually | |
2015-12-29 | ₩1000.00 | annually | |
2014-12-29 | ₩1000.00 | annually | |
2013-12-27 | ₩900.00 | annually | |
2012-12-27 | ₩900.00 | annually |
SeAH Besteel Dividend per year
SeAH Besteel Dividend growth
SeAH Besteel Dividend Yield
SeAH Besteel current trailing twelve-month (TTM) dividend yield is 6.25%. Interested in purchasing SeAH Besteel stock? Use our calculator to estimate your expected dividend yield:
SeAH Besteel Financial Ratios
SeAH Besteel Dividend FAQ
Other factors to consider when evaluating SeAH Besteel 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: SeAH Besteel'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, SeAH Besteel 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, SeAH Besteel 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 SeAH Besteel 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: SeAH Besteel 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, SeAH Besteel distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SeAH Besteel 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 SeAH Besteel'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 SeAH Besteel'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.