Sungwoo Hitech Co., Ltd. manufactures and sells automobile components in South Korea and internationally. Its products include fender aprons, side members, bumpers, center and rear floors, and doors, as well as sensors, battery pack products, and hydrogen storage device. The company was formerly known as SungWoo Metal Co., Ltd. and changed its name to Sungwoo Hitech Co., Ltd. in April 2000. Sungwoo Hitech Co., Ltd. was founded in 1977 and is headquartered in Busan, South Korea.
Sungwoo Hitech Dividend Announcement
• Sungwoo Hitech announced a annually dividend of ₩100.00 per ordinary share which will be made payable on 2024-04-16. Ex dividend date: 2023-12-27 • Sungwoo Hitech annual dividend for 2023 was ₩100.00 • Sungwoo Hitech's trailing twelve-month (TTM) dividend yield is 1.75% • Sungwoo Hitech's payout ratio for the trailing twelve months (TTM) is 6.73%
Sungwoo Hitech current trailing twelve-month (TTM) dividend yield is 1.75%. Interested in purchasing Sungwoo Hitech stock? Use our calculator to estimate your expected dividend yield:
Sungwoo Hitech Financial Ratios
P/E ratio2.60
PEG ratio0.16
P/B ratio0.33
ROE13.21%
Payout ratio6.73%
Current ratio1.00
Quick ratio0.67
Cash Ratio0.18
Sungwoo Hitech Dividend FAQ
How much is the next Sungwoo Hitech dividend?
Sungwoo Hitech's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sungwoo Hitech dividend. The next Sungwoo Hitech dividend will be released in December.
When is Sungwoo Hitech dividend paid?
Sungwoo Hitech 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 Sungwoo Hitech pay?
The specific amount of Sungwoo Hitech 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 Sungwoo Hitech's dividend history.
Does Sungwoo Hitech stock pay dividends?
Yes, Sungwoo Hitech 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 Sungwoo Hitech's dividend history.
How much dividend does Sungwoo Hitech pay?
Sungwoo Hitech paid ₩0.0 in 2024, ₩100.0 in 2023, ₩100.0 in 2022, ₩0.0 in 2021, and ₩0.0 in 2020.
How often does Sungwoo Hitech pay dividends?
Sungwoo Hitech 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 Sungwoo Hitech's dividend yield?
The current dividend yield for Sungwoo Hitech is 1.75%. 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 Sungwoo Hitech's exact dividend yield.
When does Sungwoo Hitech go ex dividend?
Sungwoo Hitech's ex-dividend date for the latest dividend was on 2023-12-27. Sungwoo Hitech 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 Sungwoo Hitech dividend paid?
Sungwoo Hitech pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will Sungwoo Hitech 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 Sungwoo Hitech 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 Sungwoo Hitech dividend per share?
Sungwoo Hitech paid ₩0.0 per share in 2024 and ₩100.0 per share in 2023. The amount of dividend per share that Sungwoo Hitech 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 Sungwoo Hitech 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 Sungwoo Hitech 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 Sungwoo Hitech a dividend stock?
Yes, Sungwoo Hitech is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sungwoo Hitech a good dividend stock?
Whether Sungwoo Hitech is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sungwoo Hitech has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Sungwoo Hitech 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 Sungwoo Hitech pay dividends monthly?
Sungwoo Hitech typically pays dividends on a annually basis.
Does Sungwoo Hitech pay dividends quarterly?
Sungwoo Hitech currently pays dividends on a annually basis.
Has Sungwoo Hitech ever paid a dividend?
Yes, Sungwoo Hitech has a history of paying dividends to its shareholders. Sungwoo Hitech is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sungwoo Hitech dividend stocks?
To buy Sungwoo Hitech 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 Sungwoo Hitech 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 Sungwoo Hitech pay dividends 2024?
Sungwoo Hitech pays dividends on a annually basis. 2024 dividend payments are in 2024-04-16. 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 Sungwoo Hitech increase its dividend in 2024?
Decisions regarding Sungwoo Hitech 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 Sungwoo Hitech dividend overview you can look into the above table of dividend history.
How Sungwoo Hitech dividend works?
The Sungwoo Hitech 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 Sungwoo Hitech's dividend process works:
1. Determination of Dividend: Sungwoo Hitech'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, Sungwoo Hitech 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, Sungwoo Hitech 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 Sungwoo Hitech 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 Sungwoo Hitech dividends paid?
Sungwoo Hitech dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Sungwoo Hitech 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, Sungwoo Hitech distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sungwoo Hitech 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 Sungwoo Hitech pay dividends?
Sungwoo Hitech 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 Sungwoo Hitech pay dividends?
The general pattern is that Sungwoo Hitech 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 Sungwoo Hitech dividend safe?
The safety of Sungwoo Hitech'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 Sungwoo Hitech'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 Sungwoo Hitech'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.