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Taewoong Co.,Ltd manufactures and sells open-die forgings and ring rolled products in South Korea and internationally. The company offers steel products, including ingots and round blooms. It also provides forging products, such as main shafts, tower flanges, inner and outer rings for pitch bearing, yaw bearings, gear rims, and slewing rings for wind energy; connectors, ram bops, spiders, clamps, lower housings, wye blocks, and bop doors for oil and gas industry; and kiln tires, kiln support rollers, wheels, kiln support rollers, casting molds, backup rolls, workrolls, drums, tees, shipper shafts, and hooks for industrial machines. In addition, the company offers closure lids, diaphragms, forged cask for nuclear waste, intergrated heads, nuclear shells, and rotor shafts for power plants; intermediate and propeller shafts, pintles, rudder trunks, and rudder stocks; connecting rods, journals, crank shafts, cylinder covers, crosshead pins, and piston rods for marine engines; channel covers, cylindrical nozzles, and forged shells; and titanium and aluminum rings for defense industry. The company was formerly known as Taewoong Forging Industrial Co., Ltd. and changed its name to Taewoong Co.,Ltd in August 1989. Taewoong Co.,Ltd was founded in 1981 and is headquartered in Busan, South Korea.

Taewoong Dividend Announcement

Taewoong announced a annually dividend of ₩100.00 per ordinary share which will be made payable on . Ex dividend date: 2009-12-29
Taewoong's trailing twelve-month (TTM) dividend yield is -%

Taewoong Dividend History

Ex-Div dateDividend amountDividend typePay date
2009-12-29₩100.00annually
2008-12-29₩100.00annually
2007-12-27₩100.00annually
2006-12-27₩70.00annually
2005-12-28₩70.00annually
2004-12-29₩70.00annually

Taewoong Dividend per year

Taewoong Dividend growth

Taewoong Dividend Yield

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

Taewoong Financial Ratios

P/E ratio9.48
PEG ratio0.02
P/B ratio0.42
ROE4.48%
Payout ratio0.00%
Current ratio2.99
Quick ratio2.99
Cash Ratio0.00

Taewoong Dividend FAQ

Does Taewoong stock pay dividends?
Taewoong does not currently pay dividends to its shareholders.
Has Taewoong ever paid a dividend?
No, Taewoong has no a history of paying dividends to its shareholders. Taewoong is not known for its dividend payments.
Why doesn't Taewoong pay dividends?
There are several potential reasons why Taewoong would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Taewoong ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Taewoong has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Taewoong a dividend aristocrat?
Taewoong is not considered a Dividend Aristocrat. 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 Taewoong a dividend king?
Taewoong is not classified as a "Dividend King". 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 Taewoong a dividend stock?
No, Taewoong is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Taewoong stocks?
To buy Taewoong 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Taewoong 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.