Shinil Electronics Co.,Ltd manufactures and sells household appliances in South Korea. It offers summer appliances, such as fans, air circulators, mobile air conditioners, etc.; and winter appliances, including fan heaters, ultra-low power heaters, hand-wash humidifiers, etc.; and household, kitchen, environmental, and pet household appliances. The company was formerly known as Shinil Industrial Co.,Ltd and changed its name to Shinil Electronics Co.,Ltd in April 2020. Shinil Electronics Co.,Ltd was founded in 1959 and is based in Seoul, South Korea.
Shinil Electronics Dividend Announcement
• Shinil Electronics announced a annually dividend of ₩15.00 per ordinary share which will be made payable on 2024-04-17. Ex dividend date: 2023-12-27 • Shinil Electronics annual dividend for 2023 was ₩15.00 • Shinil Electronics's trailing twelve-month (TTM) dividend yield is 1.04% • Shinil Electronics's payout ratio for the trailing twelve months (TTM) is 68.72% • Shinil Electronics's dividend growth over the last five years (2018-2023) was -9.71% year
Shinil Electronics current trailing twelve-month (TTM) dividend yield is 1.04%. Interested in purchasing Shinil Electronics stock? Use our calculator to estimate your expected dividend yield:
Shinil Electronics Financial Ratios
P/E ratio66.52
PEG ratio-2.76
P/B ratio1.24
ROE1.88%
Payout ratio68.72%
Current ratio1.54
Quick ratio1.12
Cash Ratio0.38
Shinil Electronics Dividend FAQ
How much is the next Shinil Electronics dividend?
Shinil Electronics's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Shinil Electronics dividend. The next Shinil Electronics dividend will be released in December.
When is Shinil Electronics dividend paid?
Shinil Electronics 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 Shinil Electronics pay?
The specific amount of Shinil Electronics 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 Shinil Electronics's dividend history.
Does Shinil Electronics stock pay dividends?
Yes, Shinil Electronics 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 Shinil Electronics's dividend history.
How much dividend does Shinil Electronics pay?
Shinil Electronics paid ₩0 in 2024, ₩15 in 2023, ₩10 in 2022, ₩25 in 2021, and ₩20 in 2020.
How often does Shinil Electronics pay dividends?
Shinil Electronics 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 Shinil Electronics's dividend yield?
The current dividend yield for Shinil Electronics is 1.04%. 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 Shinil Electronics's exact dividend yield.
When does Shinil Electronics go ex dividend?
Shinil Electronics's ex-dividend date for the latest dividend was on 2023-12-27. Shinil Electronics 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 Shinil Electronics dividend paid?
Shinil Electronics pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will Shinil Electronics 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 Shinil Electronics 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 Shinil Electronics dividend per share?
Shinil Electronics paid ₩0 per share in 2024 and ₩15 per share in 2023. The amount of dividend per share that Shinil Electronics 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 Shinil Electronics 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 Shinil Electronics 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 Shinil Electronics a dividend stock?
Yes, Shinil Electronics is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shinil Electronics a good dividend stock?
Whether Shinil Electronics is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Shinil Electronics has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Shinil Electronics 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 Shinil Electronics pay dividends monthly?
Shinil Electronics typically pays dividends on a annually basis.
Does Shinil Electronics pay dividends quarterly?
Shinil Electronics currently pays dividends on a annually basis.
Has Shinil Electronics ever paid a dividend?
Yes, Shinil Electronics has a history of paying dividends to its shareholders. Shinil Electronics is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shinil Electronics dividend stocks?
To buy Shinil Electronics 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 Shinil Electronics 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 Shinil Electronics pay dividends 2024?
Shinil Electronics pays dividends on a annually basis. 2024 dividend payments are in 2024-04-17. 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 Shinil Electronics increase its dividend in 2024?
Decisions regarding Shinil Electronics 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 Shinil Electronics dividend overview you can look into the above table of dividend history.
How Shinil Electronics dividend works?
The Shinil Electronics 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 Shinil Electronics's dividend process works:
1. Determination of Dividend: Shinil Electronics'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, Shinil Electronics 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, Shinil Electronics 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 Shinil Electronics 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 Shinil Electronics dividends paid?
Shinil Electronics dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Shinil Electronics 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, Shinil Electronics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shinil Electronics 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 Shinil Electronics pay dividends?
Shinil Electronics 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 Shinil Electronics pay dividends?
The general pattern is that Shinil Electronics 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 Shinil Electronics dividend safe?
The safety of Shinil Electronics'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 Shinil Electronics'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 Shinil Electronics'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.