Songwon Industrial Co., Ltd., together with its subsidiaries, develops, manufactures, and supplies specialty chemicals in South Korea and internationally. The company's products include polymer stabilizers, such as phenolic and phosphite antioxidants, thioester and aminic antioxidants, binary blends, tailor-made solutions, hindered amine light stabilizers, UV absorbers and hydroxybenzoates, high melter and low melter blends, nucleator and clarifier blends, and highly loaded UV blends, as well as blends comprising liquid components. It also provides a range of phenolic, aminic, phosphite, and thioester antioxidants for fuels and lubricants, primarily in liquid form, as well as fuel additives as stabilizers; tin intermediates; PVC stabilizers and plasticizers that include one pack systems for PVC stabilization, mixed metal stabilizers, metal soap stabilizers, organo-tin stabilizers, auxiliary stabilizers and lubricants, and plasticizers; and specialty polymers, which comprise polyester diols, thermosetting and/or thermoplastic polyurethanes, thermoplastic polyurethanes, and super absorbent polymers. In addition, the company offers specialty chemicals for fast-moving industries, including electronics, as well as coating additives and functional monomers for various applications. Songwon Industrial Co., Ltd. sells its products under the SONGCAT, SONGSTAR, SONGXTEND, SONGNOX, SONGSTAB, SONGSTOMER, SONGCIZER, HI-THANE, SONGCURE, SONGSORB, and HI-SWELL brands. The company offers its solutions for use in the adhesive, agriculture, automotive, building and construction, coating, durable and consumer good, electrical and electronic, fuel and lubricant, packaging, textile and fiber, and wire and cable industries. Songwon Industrial Co., Ltd. was incorporated in 1965 and is headquartered in Ulsan, South Korea.
Songwon Industrial Dividend Announcement
• Songwon Industrial announced a annually dividend of ₩250.00 per ordinary share which will be made payable on 2024-04-09. Ex dividend date: 2023-12-27
• Songwon Industrial annual dividend for 2023 was ₩250.00
• Songwon Industrial's trailing twelve-month (TTM) dividend yield is 1.95%
• Songwon Industrial's payout ratio for the trailing twelve months (TTM) is 18.97%
• Songwon Industrial's dividend growth over the last five years (2018-2023) was 9.34% year
• Songwon Industrial's dividend growth over the last ten years (2013-2023) was 13.58% year
Songwon Industrial Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-12-27 | ₩250.00 | annually | 2024-04-09 |
| 2022-12-28 | ₩500.00 | annually | 2023-04-04 |
| 2021-12-29 | ₩200.00 | annually | 2022-04-15 |
| 2020-12-29 | ₩120.00 | annually | 2021-04-09 |
| 2019-12-27 | ₩150.00 | annually | 2020-04-07 |
| 2018-12-27 | ₩160.00 | annually | 2019-04-09 |
| 2017-12-27 | ₩140.00 | annually | 2018-04-10 |
| 2016-12-28 | ₩140.00 | annually | |
| 2015-12-29 | ₩70.00 | annually | |
| 2014-12-29 | ₩60.00 | annually | |
| 2013-12-27 | ₩70.00 | annually | |
| 2012-12-27 | ₩80.00 | annually |
Songwon Industrial Dividend per year
Songwon Industrial Dividend growth
Songwon Industrial Dividend Yield
Songwon Industrial current trailing twelve-month (TTM) dividend yield is 1.95%. Interested in purchasing Songwon Industrial stock? Use our calculator to estimate your expected dividend yield:
Songwon Industrial Financial Ratios
P/E ratio9.71
PEG ratio-1.04
P/B ratio0.42
ROE4.42%
Payout ratio18.97%
Current ratio1.77
Quick ratio0.88
Cash Ratio0.33
Songwon Industrial Dividend FAQ
How much is the next Songwon Industrial dividend?
Songwon Industrial's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Songwon Industrial dividend. The next Songwon Industrial dividend will be released in December.
When is Songwon Industrial dividend paid?
Songwon Industrial 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 Songwon Industrial pay?
The specific amount of Songwon Industrial 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 Songwon Industrial's dividend history.
Does Songwon Industrial stock pay dividends?
Yes, Songwon Industrial 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 Songwon Industrial's dividend history.
How much dividend does Songwon Industrial pay?
Songwon Industrial paid ₩0.0 in 2024, ₩250.0 in 2023, ₩500.0 in 2022, ₩200.0 in 2021, and ₩120.0 in 2020.
How often does Songwon Industrial pay dividends?
Songwon Industrial 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 Songwon Industrial's dividend yield?
The current dividend yield for Songwon Industrial is 1.95%. 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 Songwon Industrial's exact dividend yield.
When does Songwon Industrial go ex dividend?
Songwon Industrial's ex-dividend date for the latest dividend was on 2023-12-27. Songwon Industrial 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 Songwon Industrial dividend paid?
Songwon Industrial pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will Songwon Industrial 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 Songwon Industrial 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 Songwon Industrial dividend per share?
Songwon Industrial paid ₩0.0 per share in 2024 and ₩250.0 per share in 2023. The amount of dividend per share that Songwon Industrial 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 Songwon Industrial 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 Songwon Industrial 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 Songwon Industrial a dividend stock?
Yes, Songwon Industrial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Songwon Industrial a good dividend stock?
Whether Songwon Industrial is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Songwon Industrial has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Songwon Industrial 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.
Other factors to consider when evaluating Songwon Industrial 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 Songwon Industrial pay dividends monthly?
Songwon Industrial typically pays dividends on a annually basis.
Does Songwon Industrial pay dividends quarterly?
Songwon Industrial currently pays dividends on a annually basis.
Has Songwon Industrial ever paid a dividend?
Yes, Songwon Industrial has a history of paying dividends to its shareholders. Songwon Industrial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Songwon Industrial dividend stocks?
To buy Songwon Industrial 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 Songwon Industrial 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.
Place an order: Use the brokerage's trading platform to place an order to buy Songwon Industrial 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 Songwon Industrial pay dividends 2024?
Songwon Industrial pays dividends on a annually basis. 2024 dividend payments are in 2024-04-09. 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 Songwon Industrial increase its dividend in 2024?
Decisions regarding Songwon Industrial 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 Songwon Industrial dividend overview you can look into the above table of dividend history.
How Songwon Industrial dividend works?
The Songwon Industrial 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 Songwon Industrial's dividend process works:
1. Determination of Dividend: Songwon Industrial'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, Songwon Industrial 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, Songwon Industrial 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 Songwon Industrial 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. Determination of Dividend: Songwon Industrial'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, Songwon Industrial 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, Songwon Industrial 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 Songwon Industrial 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 Songwon Industrial dividends paid?
Songwon Industrial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Songwon Industrial 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, Songwon Industrial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Songwon Industrial 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.
1. Record Date: Songwon Industrial 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, Songwon Industrial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Songwon Industrial 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 Songwon Industrial pay dividends?
Songwon Industrial 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 Songwon Industrial pay dividends?
The general pattern is that Songwon Industrial 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 Songwon Industrial dividend safe?
The safety of Songwon Industrial'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 Songwon Industrial'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 Songwon Industrial'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.
To assess the safety of Songwon Industrial'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 Songwon Industrial'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.