TCC Steel Corp. produces and sells steel products in South Korea. The company's products include tinplate, tin free, nickel-plated, copper-plated, super tin, and laminated steel used in various applications. It exports its products in approximately 60 countries. The company was formerly known as Dongyang Tinplate Corp. and changed its name to TCC Steel Corp. in March 2003. TCC Steel Corp. was founded in 1959 and is headquartered in Seoul, South Korea.
TCC Steel Dividend Announcement
• TCC Steel announced a annually dividend of ₩80.00 per ordinary share which will be made payable on 2024-04-17. Ex dividend date: 2023-12-27
• TCC Steel annual dividend for 2023 was ₩80.00
• TCC Steel's trailing twelve-month (TTM) dividend yield is 0.17%
• TCC Steel's payout ratio for the trailing twelve months (TTM) is 11.06%
• TCC Steel's dividend growth over the last five years (2018-2023) was 1.05% year
TCC Steel Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-12-27 | ₩80.00 | annually | 2024-04-17 |
| 2022-12-28 | ₩120.00 | annually | 2023-04-18 |
| 2021-12-29 | ₩150.00 | annually | 2022-04-18 |
| 2020-12-29 | ₩14.68 | annually | 2021-04-20 |
| 2019-12-27 | ₩28.48 | annually | 2020-04-20 |
| 2018-12-27 | ₩75.94 | annually | 2019-04-19 |
| 2014-12-29 | ₩44.92 | annually | |
| 2013-12-27 | ₩44.92 | annually | |
| 2012-12-27 | ₩101.69 | annually | |
| 2011-12-28 | ₩160.25 | annually | |
| 2010-12-29 | ₩180.00 | annually | |
| 2009-12-29 | ₩150.00 | annually |
TCC Steel Dividend per year
TCC Steel Dividend growth
TCC Steel Dividend Yield
TCC Steel current trailing twelve-month (TTM) dividend yield is 0.17%. Interested in purchasing TCC Steel stock? Use our calculator to estimate your expected dividend yield:
TCC Steel Financial Ratios
P/E ratio62.79
PEG ratio6.21
P/B ratio4.96
ROE8.18%
Payout ratio11.06%
Current ratio0.95
Quick ratio0.58
Cash Ratio0.15
TCC Steel Dividend FAQ
How much is the next TCC Steel dividend?
TCC Steel's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next TCC Steel dividend. The next TCC Steel dividend will be released in December.
When is TCC Steel dividend paid?
TCC Steel 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 TCC Steel pay?
The specific amount of TCC Steel 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 TCC Steel's dividend history.
Does TCC Steel stock pay dividends?
Yes, TCC Steel 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 TCC Steel's dividend history.
How much dividend does TCC Steel pay?
TCC Steel paid ₩0.0 in 2024, ₩80.0 in 2023, ₩120.0 in 2022, ₩150.0 in 2021, and ₩14.677 in 2020.
How often does TCC Steel pay dividends?
TCC Steel 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 TCC Steel's dividend yield?
The current dividend yield for TCC Steel is 0.17%. 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 TCC Steel's exact dividend yield.
When does TCC Steel go ex dividend?
TCC Steel's ex-dividend date for the latest dividend was on 2023-12-27. TCC Steel 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 TCC Steel dividend paid?
TCC Steel pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will TCC Steel 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 TCC Steel 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 TCC Steel dividend per share?
TCC Steel paid ₩0.0 per share in 2024 and ₩80.0 per share in 2023. The amount of dividend per share that TCC Steel 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 TCC Steel 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 TCC Steel 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 TCC Steel a dividend stock?
Yes, TCC Steel is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is TCC Steel a good dividend stock?
Whether TCC Steel is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. TCC Steel has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating TCC Steel 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.
Other factors to consider when evaluating TCC Steel 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 TCC Steel pay dividends monthly?
TCC Steel typically pays dividends on a annually basis.
Does TCC Steel pay dividends quarterly?
TCC Steel currently pays dividends on a annually basis.
Has TCC Steel ever paid a dividend?
Yes, TCC Steel has a history of paying dividends to its shareholders. TCC Steel is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy TCC Steel dividend stocks?
To buy TCC Steel 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 TCC Steel 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.
Place an order: Use the brokerage's trading platform to place an order to buy TCC Steel 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 TCC Steel pay dividends 2024?
TCC Steel pays dividends on a annually basis. 2024 dividend payments are in 2024-04-17. 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 TCC Steel increase its dividend in 2024?
Decisions regarding TCC Steel 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 TCC Steel dividend overview you can look into the above table of dividend history.
How TCC Steel dividend works?
The TCC Steel 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 TCC Steel's dividend process works:
1. Determination of Dividend: TCC Steel'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, TCC Steel 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, TCC Steel 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 TCC Steel 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. Determination of Dividend: TCC Steel'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, TCC Steel 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, TCC Steel 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 TCC Steel 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 TCC Steel dividends paid?
TCC Steel dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: TCC Steel 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, TCC Steel distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TCC Steel 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.
1. Record Date: TCC Steel 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, TCC Steel distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TCC Steel 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 TCC Steel pay dividends?
TCC Steel 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 TCC Steel pay dividends?
The general pattern is that TCC Steel 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 TCC Steel dividend safe?
The safety of TCC Steel'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 TCC Steel'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 TCC Steel'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.
To assess the safety of TCC Steel'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 TCC Steel'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.