SK Networks Company Limited operates as a trading company in Korea and internationally. It trades in chemicals, including chemical fiber raw materials, such as paraxylene, purified terephthalic acid, monoethylene glycol, etc.; aromatics consists of benzene, styrene monomer, toluene, and mixed xylene; methanol; solvents; and polyurethane materials. The company also trades in steel products, such as hot rolled coil, plate, cold-rolled coil, galvalume, and long and stainless steel products used in buildings, ships, and homes; supplies complete knock down and complete build up auto parts, and other related products; and coals. In addition, it offers ICT marketing services, including mobile phones, logistics, smartphone -related accessories and package products, and VR and IoT devices distribution services; car repair and maintenance, and on-site emergency road services; individual and corporate long term car rental services; and short-term car rental services, as well as distributes tires and imported car parts. Further, the company is involved in the operation of hotels and resorts; and rental-appliances business, such as gas/electric ranges, microwave ovens, dishwashers, water and air purifiers, and bidets. The company was formerly known as SK Global Company Ltd. and changed its name to SK Networks Company Limited in October 2003. SK Networks Company Limited was founded in 1953 and is headquartered in Seoul, South Korea.
SK Networks Dividend Announcement
• SK Networks announced a semi annually dividend of ₩100.00 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-09-27
• SK Networks annual dividend for 2024 was ₩300.00
• SK Networks's trailing twelve-month (TTM) dividend yield is 7.25%
• SK Networks's payout ratio for the trailing twelve months (TTM) is 59.87%
SK Networks Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-27 | ₩100.00 | semi annually | 2024-10-25 |
2024-03-29 | ₩200.00 | semi annually | 2024-04-23 |
2022-12-28 | ₩120.00 | semi annually | 2023-04-21 |
2021-12-29 | ₩120.00 | semi annually | 2022-04-20 |
2020-12-29 | ₩120.00 | semi annually | 2021-04-16 |
2019-12-27 | ₩120.00 | semi annually | 2020-04-21 |
2018-12-27 | ₩120.00 | semi annually | 2019-04-18 |
2017-12-27 | ₩120.00 | semi annually | 2018-04-19 |
2016-12-28 | ₩100.00 | semi annually | |
2015-12-29 | ₩100.00 | semi annually | |
2014-12-29 | ₩100.00 | semi annually | |
2012-12-27 | ₩150.00 | semi annually | |
2011-12-28 | ₩150.00 | semi annually |
SK Networks Dividend per year
SK Networks Dividend growth
SK Networks Dividend Yield
SK Networks current trailing twelve-month (TTM) dividend yield is 7.25%. Interested in purchasing SK Networks stock? Use our calculator to estimate your expected dividend yield:
SK Networks Financial Ratios
SK Networks Dividend FAQ
Other factors to consider when evaluating SK Networks 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: SK Networks'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, SK Networks 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, SK Networks 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 SK Networks 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: SK Networks 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, SK Networks distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SK Networks 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 SK Networks'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 SK Networks'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.