TKG Huchems Co.,Ltd. manufactures and sells fine and basic chemical products in South Korea and internationally. It operates through Chemical and Environment-Friendly divisions. Its fine chemicals comprise DNT, a raw material of TDI for use in polyurethanes and explosives, as well as serves as a base material for styrofoam, plastic, and synthetic leather applications; and mononitrobenzene, a raw material of MDI and polyurethanes, which is used as a material for auto interior/exterior applications, as well as a base material in making of artificial timber, insulation in electrical equipment, construction materials, packaging material, and synthetic leather. The company's fine chemical products also include dilute nitric acid for use in metallurgy, concentrated nitric acid, ammonium nitrate, polyurethane, etc., as well as for textile dyes and pigments; and concentrated nitric acid that is used in explosives, decolorizing agents, DNT, medicines, etc., as well as for use as synthetic fiber raw material; and ammonium nitrate as a raw material for explosives, and gas for semiconductors and medical gas. In addition, it offers methanol, which is used to produce MTBE for fuel oil or denatured alcohol and for materials synthesis of formaldehyde; urea for industry for use in resins, paints, feeds, synthetic detergents, wastewater treatments, dyes, etc., as well as for producing adhesives; and ammonia to produce fertilizers, caprolactam, nitric acid, ammoniation of rice straw and refrigerants, and ammonia as a patent medicine and flavor producing material. The company is also involved in the clean development mechanism project business; and provision of urea solutions. The company was formerly known as Huchems Fine Chemical Corporation and changed its name to TKG Huchems Co.,Ltd. in March 2022. TKG Huchems Co.,Ltd. was founded in 2002 and is headquartered in Seoul, South Korea.
TKG Huchems Dividend Announcement
• TKG Huchems announced a annually dividend of ₩1000.00 per ordinary share which will be made payable on 2024-04-19. Ex dividend date: 2023-12-27
• TKG Huchems annual dividend for 2023 was ₩1000.00
• TKG Huchems's trailing twelve-month (TTM) dividend yield is 5.46%
• TKG Huchems's payout ratio for the trailing twelve months (TTM) is 42.71%
• TKG Huchems's dividend growth over the last five years (2018-2023) was -3.58% year
• TKG Huchems's dividend growth over the last ten years (2013-2023) was 2.92% year
TKG Huchems Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-27 | ₩1000.00 | annually | 2024-04-19 |
2022-12-28 | ₩1000.00 | annually | 2023-04-21 |
2021-12-29 | ₩1000.00 | annually | 2022-04-22 |
2020-12-29 | ₩1000.00 | annually | 2021-04-23 |
2019-12-27 | ₩1000.00 | annually | 2020-04-24 |
2018-12-27 | ₩1200.00 | annually | 2019-04-19 |
2017-12-27 | ₩1500.00 | annually | 2018-04-20 |
2016-12-28 | ₩500.00 | annually | |
2015-12-29 | ₩500.00 | annually | |
2014-12-29 | ₩550.00 | annually | |
2013-12-27 | ₩750.00 | annually | |
2012-12-27 | ₩700.00 | annually |
TKG Huchems Dividend per year
TKG Huchems Dividend growth
TKG Huchems Dividend Yield
TKG Huchems current trailing twelve-month (TTM) dividend yield is 5.46%. Interested in purchasing TKG Huchems stock? Use our calculator to estimate your expected dividend yield:
TKG Huchems Financial Ratios
TKG Huchems Dividend FAQ
Other factors to consider when evaluating TKG Huchems 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: TKG Huchems'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, TKG Huchems 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, TKG Huchems 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 TKG Huchems 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: TKG Huchems 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, TKG Huchems distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TKG Huchems 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 TKG Huchems'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 TKG Huchems'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.