Tym Corporation manufactures and sells machineries, cigarette filters, and flatware products. The company's Machinery division offers agricultural, stock-breeding, farming, construction, and industry machineries. Its products include tractors, combines, and rice trans-planters. This division also exports agricultural machinery; and automotive and heavy equipment parts, including transmission assemblies, cast steels, gears, and shafts to Iseki, IHI, and John Deere. The company's Cigarette Filter division manufactures and sells various cigarette filters, such as acetate mono, dual charcoal, recessed, triple, menthol thread, flavor, capsule, tube and tube-type pattern filters, etc. to Korean cigarette manufacturers; and exports its products to Taiwan, Hong Kong, the Philippines, Vietnam, and Malaysia. Its Culture Service division imports and distributes various foreign journals, books, and newspapers; offers air transport services; and delivers various publications worldwide. The company's Metal division provides western-style flatware that include spoons, forks, and knives, as well as Korean-style spoons. The company was formerly known as Tong Yang Moolsan Co., Ltd. and changed its name to Tym Corporation in March 2021. Tym Corporation was founded in 1951 and is headquartered in Seoul, South Korea.
TYM Dividend Announcement
• TYM announced a semi annually dividend of ₩50.00 per ordinary share which will be made payable on . Ex dividend date: 2024-07-30
• TYM annual dividend for 2024 was ₩160.00
• TYM annual dividend for 2023 was ₩50.00
• TYM's trailing twelve-month (TTM) dividend yield is 6.26%
• TYM's payout ratio for the trailing twelve months (TTM) is 19.60%
TYM Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-30 | ₩50.00 | semi annually | |
2024-02-28 | ₩110.00 | semi annually | |
2023-07-19 | ₩50.00 | semi annually | 2023-08-04 |
2022-12-28 | ₩200.00 | semi annually | 2023-04-19 |
2022-06-29 | ₩100.00 | semi annually | 2022-07-28 |
2021-12-29 | ₩100.00 | semi annually | 2022-04-15 |
2018-12-27 | ₩41.41 | semi annually | 2019-04-10 |
2017-12-27 | ₩62.11 | semi annually | 2018-04-10 |
2016-12-28 | ₩41.41 | semi annually | |
2015-12-29 | ₩621.13 | semi annually | |
2014-12-29 | ₩414.08 | semi annually | |
2013-12-27 | ₩621.13 | semi annually | |
2012-12-27 | ₩621.13 | semi annually | |
2011-12-28 | ₩621.13 | semi annually |
TYM Dividend per year
TYM Dividend growth
TYM Dividend Yield
TYM current trailing twelve-month (TTM) dividend yield is 6.26%. Interested in purchasing TYM stock? Use our calculator to estimate your expected dividend yield:
TYM Financial Ratios
TYM Dividend FAQ
Other factors to consider when evaluating TYM 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: TYM'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, TYM 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, TYM 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 TYM 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: TYM 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, TYM distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TYM 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 TYM'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 TYM'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.