Tae Won Mulsan Co., Ltd. manufactures and sells engine water pumps and engine surrounding parts for automobiles. The company provides water pumps for farm machines and automobiles; rod and cable type gear shift cover assemblies; shift blocks and front bearing covers for trucks; brackets for transmission mounts; shackles for alternators; EGR adapters; and ECU housing products. It also offers refined phosphate gypsum, gypsum plaster, calcined gypsum, and gypsum resin mortar for use in construction materials. The company was formerly known as Samyang Trading and changed its name to Tae Won Mulsan Co., Ltd. in February 1968. Tae Won Mulsan Co., Ltd. was founded in 1955 and is based in Seoul, South Korea.
Tae Won Mulsan Dividend Announcement
• Tae Won Mulsan announced a annually dividend of ₩140.00 per ordinary share which will be made payable on 2024-04-26. Ex dividend date: 2023-12-27
• Tae Won Mulsan annual dividend for 2023 was ₩140.00
• Tae Won Mulsan's trailing twelve-month (TTM) dividend yield is 3.84%
• Tae Won Mulsan's payout ratio for the trailing twelve months (TTM) is 6.16%
• Tae Won Mulsan's dividend growth over the last five years (2018-2023) was 14.87% year
• Tae Won Mulsan's dividend growth over the last ten years (2013-2023) was 8.84% year
Tae Won Mulsan Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-27 | ₩140.00 | annually | 2024-04-26 |
2022-12-28 | ₩50.00 | annually | 2023-04-21 |
2021-12-29 | ₩55.00 | annually | 2022-04-01 |
2020-12-29 | ₩50.00 | annually | 2021-04-23 |
2019-12-27 | ₩85.00 | annually | 2020-04-17 |
2018-12-27 | ₩70.00 | annually | 2019-04-19 |
2017-12-27 | ₩80.00 | annually | 2018-04-20 |
2016-12-28 | ₩100.00 | annually | |
2015-12-29 | ₩90.00 | annually | |
2014-12-29 | ₩80.00 | annually | |
2013-12-27 | ₩60.00 | annually | |
2012-12-27 | ₩95.36 | annually |
Tae Won Mulsan Dividend per year
Tae Won Mulsan Dividend growth
Tae Won Mulsan Dividend Yield
Tae Won Mulsan current trailing twelve-month (TTM) dividend yield is 3.84%. Interested in purchasing Tae Won Mulsan stock? Use our calculator to estimate your expected dividend yield:
Tae Won Mulsan Financial Ratios
Tae Won Mulsan Dividend FAQ
Other factors to consider when evaluating Tae Won Mulsan 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: Tae Won Mulsan'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 Won Mulsan 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 Won Mulsan 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 Won Mulsan 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: Tae Won Mulsan 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 Won Mulsan 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 Won Mulsan 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 Tae Won Mulsan'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 Won Mulsan'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.