Shinsung Tongsang Co., Ltd. manufactures, distributes, and sells fashion products in Korea. It also exports fibers and clothes of various brands, including OLZEN, ZIOZIA, AND Z, TOPTEN10, TOPTEN KIDS, and EDITION. The company was founded in 1968 and is headquartered in Seoul, South Korea.
Shinsung Tongsang Dividend Announcement
• Shinsung Tongsang announced a annually dividend of ₩50.00 per ordinary share which will be made payable on 2024-10-17. Ex dividend date: 2024-06-27 • Shinsung Tongsang annual dividend for 2024 was ₩50.00 • Shinsung Tongsang annual dividend for 2023 was ₩50.00 • Shinsung Tongsang's trailing twelve-month (TTM) dividend yield is 2.55% • Shinsung Tongsang's payout ratio for the trailing twelve months (TTM) is 9.40%
Shinsung Tongsang current trailing twelve-month (TTM) dividend yield is 2.55%. Interested in purchasing Shinsung Tongsang stock? Use our calculator to estimate your expected dividend yield:
Shinsung Tongsang Financial Ratios
P/E ratio3.94
PEG ratio-0.51
P/B ratio0.62
ROE16.27%
Payout ratio9.40%
Current ratio1.50
Quick ratio0.71
Cash Ratio0.12
Shinsung Tongsang Dividend FAQ
How much is the next Shinsung Tongsang dividend?
Shinsung Tongsang's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Shinsung Tongsang dividend. The next Shinsung Tongsang dividend will be released in June.
When is Shinsung Tongsang dividend paid?
Shinsung Tongsang pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Shinsung Tongsang pay?
The specific amount of Shinsung Tongsang 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 Shinsung Tongsang's dividend history.
Does Shinsung Tongsang stock pay dividends?
Yes, Shinsung Tongsang 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 Shinsung Tongsang's dividend history.
How much dividend does Shinsung Tongsang pay?
Shinsung Tongsang paid ₩50 in 2024, ₩50 in 2023, ₩0 in 2022, ₩0 in 2021, and ₩0 in 2020.
How often does Shinsung Tongsang pay dividends?
Shinsung Tongsang 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 June.
What is Shinsung Tongsang's dividend yield?
The current dividend yield for Shinsung Tongsang is 2.55%. 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 Shinsung Tongsang's exact dividend yield.
When does Shinsung Tongsang go ex dividend?
Shinsung Tongsang's ex-dividend date for the latest dividend was on 2024-06-27. Shinsung Tongsang 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 Shinsung Tongsang dividend paid?
Shinsung Tongsang pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Shinsung Tongsang 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 Shinsung Tongsang 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 Shinsung Tongsang dividend per share?
Shinsung Tongsang paid ₩50 per share in 2024 and ₩50 per share in 2023. The amount of dividend per share that Shinsung Tongsang 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 Shinsung Tongsang 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 Shinsung Tongsang 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 Shinsung Tongsang a dividend stock?
Yes, Shinsung Tongsang is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shinsung Tongsang a good dividend stock?
Whether Shinsung Tongsang is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Shinsung Tongsang has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Shinsung Tongsang 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 Shinsung Tongsang pay dividends monthly?
Shinsung Tongsang typically pays dividends on a annually basis.
Does Shinsung Tongsang pay dividends quarterly?
Shinsung Tongsang currently pays dividends on a annually basis.
Has Shinsung Tongsang ever paid a dividend?
Yes, Shinsung Tongsang has a history of paying dividends to its shareholders. Shinsung Tongsang is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shinsung Tongsang dividend stocks?
To buy Shinsung Tongsang 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 Shinsung Tongsang 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 Shinsung Tongsang pay dividends 2024?
Shinsung Tongsang pays dividends on a annually basis. 2024 dividend payments are in 2024-10-17. 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 Shinsung Tongsang increase its dividend in 2024?
Decisions regarding Shinsung Tongsang 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 Shinsung Tongsang dividend overview you can look into the above table of dividend history.
How Shinsung Tongsang dividend works?
The Shinsung Tongsang 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 Shinsung Tongsang's dividend process works:
1. Determination of Dividend: Shinsung Tongsang'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, Shinsung Tongsang 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, Shinsung Tongsang 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 Shinsung Tongsang 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 Shinsung Tongsang dividends paid?
Shinsung Tongsang dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Shinsung Tongsang 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, Shinsung Tongsang distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shinsung Tongsang 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 Shinsung Tongsang pay dividends?
Shinsung Tongsang 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 Shinsung Tongsang pay dividends?
The general pattern is that Shinsung Tongsang pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Shinsung Tongsang dividend safe?
The safety of Shinsung Tongsang'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 Shinsung Tongsang'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 Shinsung Tongsang'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.