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Tae Kwang Corporation manufactures, supplies, and sells butt weld pipe fittings for oil and gas, chemical and petrochemical, power plant, and shipbuilding businesses in Korea and internationally. The company offers butt-welding fittings, including carbon, stainless, and alloy steel, such as elbows, tees, reducers, caps, stub ends, laterals, long bends, and crosses, as well as special, jacket, and split fittings; and forged fittings, such as carbon, stainless, and alloy steel comprises elbows, tees, reducers, sockets, couplings, bosses, crosses, caps, outlets, plugs, unions, inserts, nipples, swage nipples, and special items. It also provides flange fittings comprising carbon, stainless, and alloy steel, which include slip-ons, welding necks, threads, socket weldings, blinds, long welding necks, lap joints, grooves, and nozzle necks. The company was formerly known as Taekwang Bend Industry Company and changed its name to Tae Kwang Corporation in March 2001. Tae Kwang Corporation was founded in 1965 and is headquartered in Busan, South Korea.

Tae Kwang Dividend Announcement

Tae Kwang announced a annually dividend of ₩170.00 per ordinary share which will be made payable on 2024-04-26. Ex dividend date: 2023-12-27
Tae Kwang annual dividend for 2023 was ₩170.00
Tae Kwang's trailing twelve-month (TTM) dividend yield is 1.34%
Tae Kwang's payout ratio for the trailing twelve months (TTM) is 9.79%

Tae Kwang Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-12-27₩170.00annually2024-04-26
2022-12-28₩170.00annually2023-04-28
2016-12-28₩50.00annually
2015-12-29₩100.00annually
2006-12-27₩41.49annually
2004-12-29₩15.66annually
2003-12-29₩9.24annually
2002-12-27₩13.85annually
2001-12-27₩4.62annually
2001-01-02₩4.62annually

Tae Kwang Dividend per year

Tae Kwang Dividend growth

Tae Kwang Dividend Yield

Tae Kwang current trailing twelve-month (TTM) dividend yield is 1.34%. Interested in purchasing Tae Kwang stock? Use our calculator to estimate your expected dividend yield:

Tae Kwang Financial Ratios

P/E ratio7.21
PEG ratio-0.68
P/B ratio0.59
ROE8.38%
Payout ratio9.79%
Current ratio9.02
Quick ratio5.46
Cash Ratio0.86

Tae Kwang Dividend FAQ

How much is the next Tae Kwang dividend?
Tae Kwang's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Tae Kwang dividend. The next Tae Kwang dividend will be released in December.
When is Tae Kwang dividend paid?
Tae Kwang 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 Tae Kwang pay?
The specific amount of Tae Kwang 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 Tae Kwang's dividend history.
Does Tae Kwang stock pay dividends?
Yes, Tae Kwang 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 Tae Kwang's dividend history.
How much dividend does Tae Kwang pay?
Tae Kwang paid ₩0.0 in 2024, ₩170.0 in 2023, ₩170.0 in 2022, ₩0.0 in 2021, and ₩0.0 in 2020.
How often does Tae Kwang pay dividends?
Tae Kwang 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 Tae Kwang's dividend yield?
The current dividend yield for Tae Kwang is 1.34%. 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 Tae Kwang's exact dividend yield.
When does Tae Kwang go ex dividend?
Tae Kwang's ex-dividend date for the latest dividend was on 2023-12-27. Tae Kwang 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 Tae Kwang dividend paid?
Tae Kwang pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will Tae Kwang 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 Tae Kwang 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 Tae Kwang dividend per share?
Tae Kwang paid ₩0.0 per share in 2024 and ₩170.0 per share in 2023. The amount of dividend per share that Tae Kwang 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 Tae Kwang 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 Tae Kwang 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 Tae Kwang a dividend stock?
Yes, Tae Kwang is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Tae Kwang a good dividend stock?
Whether Tae Kwang is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Tae Kwang has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Tae Kwang 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 Tae Kwang pay dividends monthly?
Tae Kwang typically pays dividends on a annually basis.
Does Tae Kwang pay dividends quarterly?
Tae Kwang currently pays dividends on a annually basis.
Has Tae Kwang ever paid a dividend?
Yes, Tae Kwang has a history of paying dividends to its shareholders. Tae Kwang is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tae Kwang dividend stocks?
To buy Tae Kwang 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 Tae Kwang 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 Tae Kwang pay dividends 2024?
Tae Kwang pays dividends on a annually basis. 2024 dividend payments are in 2024-04-26. 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 Tae Kwang increase its dividend in 2024?
Decisions regarding Tae Kwang 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 Tae Kwang dividend overview you can look into the above table of dividend history.
How Tae Kwang dividend works?
The Tae Kwang 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 Tae Kwang's dividend process works:

1. Determination of Dividend: Tae Kwang'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, Tae Kwang 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, Tae Kwang 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 Tae Kwang 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 Tae Kwang dividends paid?
Tae Kwang dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Tae Kwang 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, Tae Kwang distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Tae Kwang 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 Tae Kwang pay dividends?
Tae Kwang 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 Tae Kwang pay dividends?
The general pattern is that Tae Kwang 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 Tae Kwang dividend safe?
The safety of Tae Kwang'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 Tae Kwang'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 Tae Kwang'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.