Taekyung Chemical Co., Ltd. manufactures and sells industrialized liquid gases and dry ice in Korea. The company offers liquid and solid carbon dioxide, magnesium hydroxide, ethylene, liquid oxygen, liquid nitrogen, and liquid argon. Its products are primarily used in food additives, metal coolants, quick coolants for welding, food insulators, smoke desulfurization for production accessories, wastewater treatment purification, steel/steel melting, welding, cutting oxidation prevention, filler, rapid coolant welding, filler steel, steel welding, and cutting. The company was formerly known as Daeduk Industry Co., Ltd. and changed its name to Taekyung Chemical Co., Ltd. in 2000. Taekyung Chemical Co., Ltd. was founded in 1970 and is headquartered in Seoul, South Korea.
Taekyung Chemical Dividend Announcement
• Taekyung Chemical announced a annually dividend of ₩200.00 per ordinary share which will be made payable on 2025-04-21. Ex dividend date: 2024-12-27
• Taekyung Chemical annual dividend for 2024 was ₩200.00
• Taekyung Chemical annual dividend for 2023 was ₩200.00
• Taekyung Chemical's trailing twelve-month (TTM) dividend yield is 1.99%
• Taekyung Chemical's payout ratio for the trailing twelve months (TTM) is 16.37%
• Taekyung Chemical's dividend growth over the last five years (2018-2023) was 5.92% year
• Taekyung Chemical's dividend growth over the last ten years (2013-2023) was 2.92% year
Taekyung Chemical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-27 | ₩200.00 | annually | 2025-04-21 |
2023-12-27 | ₩200.00 | annually | 2024-04-19 |
2022-12-28 | ₩200.00 | annually | 2023-04-21 |
2021-12-29 | ₩220.00 | annually | 2022-04-12 |
2020-12-29 | ₩200.00 | annually | 2021-04-15 |
2019-12-27 | ₩150.00 | annually | 2020-04-10 |
2018-12-27 | ₩150.00 | annually | 2019-04-26 |
2017-12-27 | ₩150.00 | annually | 2018-04-24 |
2016-12-28 | ₩150.00 | annually | |
2015-12-29 | ₩150.00 | annually | |
2014-12-29 | ₩150.00 | annually | |
2013-12-27 | ₩150.00 | annually |
Taekyung Chemical Dividend per year
Taekyung Chemical Dividend growth
Taekyung Chemical Dividend Yield
Taekyung Chemical current trailing twelve-month (TTM) dividend yield is 1.99%. Interested in purchasing Taekyung Chemical stock? Use our calculator to estimate your expected dividend yield:
Taekyung Chemical Financial Ratios
Taekyung Chemical Dividend FAQ
Other factors to consider when evaluating Taekyung Chemical 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: Taekyung Chemical'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, Taekyung Chemical 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, Taekyung Chemical 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 Taekyung Chemical 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: Taekyung Chemical 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, Taekyung Chemical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Taekyung Chemical 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 Taekyung Chemical'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 Taekyung Chemical'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.