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 ₩150.00 per ordinary share which will be made payable on 2025-04-16. Ex dividend date: 2024-12-27
• Sungwoo Hitech annual dividend for 2024 was ₩150.00
• Sungwoo Hitech annual dividend for 2023 was ₩100.00
• Sungwoo Hitech's trailing twelve-month (TTM) dividend yield is 1.79%
• Sungwoo Hitech's payout ratio for the trailing twelve months (TTM) is 8.79%
• Sungwoo Hitech's dividend growth over the last five years (2018-2023) was 4.56% year
• Sungwoo Hitech's dividend growth over the last ten years (2013-2023) was -8.97% year
Sungwoo Hitech Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-27 | ₩150.00 | annually | 2025-04-16 |
2023-12-27 | ₩100.00 | annually | 2024-04-16 |
2022-12-28 | ₩100.00 | annually | 2023-04-14 |
2021-12-29 | ₩80.00 | annually | 2022-04-14 |
2020-12-29 | ₩50.00 | annually | 2021-04-14 |
2019-12-27 | ₩80.00 | annually | 2020-04-14 |
2018-12-27 | ₩80.00 | annually | 2019-04-12 |
2017-12-27 | ₩159.90 | annually | 2018-04-13 |
2016-12-28 | ₩213.20 | annually | |
2015-12-29 | ₩213.20 | annually | |
2014-12-29 | ₩213.20 | annually | |
2013-12-27 | ₩255.84 | annually |
Sungwoo Hitech Dividend per year
Sungwoo Hitech Dividend growth
Sungwoo Hitech Dividend Yield
Sungwoo Hitech current trailing twelve-month (TTM) dividend yield is 1.79%. Interested in purchasing Sungwoo Hitech stock? Use our calculator to estimate your expected dividend yield:
Sungwoo Hitech Financial Ratios
Sungwoo Hitech Dividend FAQ
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.
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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.
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.
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.