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Taekwang Industrial Co., Ltd. engages in the synthetic fiber, textile, petrochemical, and advanced material businesses in South Korea and internationally. It offers synthetic fibers comprising acrylic fibers, nylon filaments, spandex, and low-melting-point fibers, as well as ring, open-end, acrylic, and acrylic blended spun yarns. The company also provides petrochemical products, including purified terephthalic acids, propylene, acrylonitrile, sodium cyanide, acetonitrile, ammonium sulphate, and hydrogen peroxide. In addition, it offers tricot and polyester fabrics; and advanced materials, such as carbon and aramid fibers. The company was founded in 1950 and is headquartered in Seoul, South Korea.

Taekwang Industrial Dividend Announcement

Taekwang Industrial announced a annually dividend of ₩1750.00 per ordinary share which will be made payable on 2024-04-25. Ex dividend date: 2023-12-27
Taekwang Industrial annual dividend for 2023 was ₩1750.00
Taekwang Industrial's trailing twelve-month (TTM) dividend yield is 0.27%
Taekwang Industrial's payout ratio for the trailing twelve months (TTM) is 5.18%
Taekwang Industrial's dividend growth over the last five years (2018-2023) was -10.22% year

Taekwang Industrial Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-12-27₩1750.00annually2024-04-25
2022-12-28₩1750.00annually2023-04-25
2021-12-29₩1750.00annually2022-04-11
2020-12-29₩1550.00annually2021-04-09
2019-12-27₩1550.00annually2020-04-16
2018-12-27₩3000.00annually2019-04-15
2017-12-27₩1925.00annually2018-03-30
2016-12-28₩1750.00annually
2015-12-29₩1750.00annually
2014-12-29₩1250.00annually
2013-12-27₩1750.00annually
2012-12-27₩1750.00annually

Taekwang Industrial Dividend per year

Taekwang Industrial Dividend growth

Taekwang Industrial Dividend Yield

Taekwang Industrial current trailing twelve-month (TTM) dividend yield is 0.27%. Interested in purchasing Taekwang Industrial stock? Use our calculator to estimate your expected dividend yield:

Taekwang Industrial Financial Ratios

P/E ratio19.03
PEG ratio0.02
P/B ratio0.14
ROE0.72%
Payout ratio5.18%
Current ratio4.29
Quick ratio3.94
Cash Ratio0.85

Taekwang Industrial Dividend FAQ

How much is the next Taekwang Industrial dividend?
Taekwang 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 Taekwang Industrial dividend. The next Taekwang Industrial dividend will be released in December.
When is Taekwang Industrial dividend paid?
Taekwang 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 Taekwang Industrial pay?
The specific amount of Taekwang 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 Taekwang Industrial's dividend history.
Does Taekwang Industrial stock pay dividends?
Yes, Taekwang 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 Taekwang Industrial's dividend history.
How much dividend does Taekwang Industrial pay?
Taekwang Industrial paid ₩0 in 2024, ₩1750 in 2023, ₩1750 in 2022, ₩1750 in 2021, and ₩1550 in 2020.
How often does Taekwang Industrial pay dividends?
Taekwang 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 Taekwang Industrial's dividend yield?
The current dividend yield for Taekwang Industrial is 0.27%. 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 Taekwang Industrial's exact dividend yield.
When does Taekwang Industrial go ex dividend?
Taekwang Industrial's ex-dividend date for the latest dividend was on 2023-12-27. Taekwang 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 Taekwang Industrial dividend paid?
Taekwang Industrial pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will Taekwang 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 Taekwang 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 Taekwang Industrial dividend per share?
Taekwang Industrial paid ₩0 per share in 2024 and ₩1750 per share in 2023. The amount of dividend per share that Taekwang 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 Taekwang 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 Taekwang 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 Taekwang Industrial a dividend stock?
Yes, Taekwang Industrial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Taekwang Industrial a good dividend stock?
Whether Taekwang 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. Taekwang Industrial has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Taekwang 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 Taekwang Industrial pay dividends monthly?
Taekwang Industrial typically pays dividends on a annually basis.
Does Taekwang Industrial pay dividends quarterly?
Taekwang Industrial currently pays dividends on a annually basis.
Has Taekwang Industrial ever paid a dividend?
Yes, Taekwang Industrial has a history of paying dividends to its shareholders. Taekwang Industrial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Taekwang Industrial dividend stocks?
To buy Taekwang 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 Taekwang 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 Taekwang Industrial pay dividends 2024?
Taekwang Industrial pays dividends on a annually basis. 2024 dividend payments are in 2024-04-25. 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 Taekwang Industrial increase its dividend in 2024?
Decisions regarding Taekwang 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 Taekwang Industrial dividend overview you can look into the above table of dividend history.
How Taekwang Industrial dividend works?
The Taekwang 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 Taekwang Industrial's dividend process works:

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

1. Record Date: Taekwang 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, Taekwang 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: Taekwang 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 Taekwang Industrial pay dividends?
Taekwang 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 Taekwang Industrial pay dividends?
The general pattern is that Taekwang 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 Taekwang Industrial dividend safe?
The safety of Taekwang 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 Taekwang 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 Taekwang 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.