Union Corporation engages in cement business in South Korea. The company offers building materials, such as white Portland cement, tile construction products, plastering and masonry products, flooring products, water proofing and repellents, and additives; refractory materials, including calcium aluminate cement and aggregates; and civil construction materials comprising repair and reinforcing products, and tunnel and underground products. It also provides filtering devices, including filter and screw press, unifilter, fiber filter, and nonpoint pollution reduction equipment; ozone systems; and recycles metals, such as vanadium and molybdenum. The company was formerly known as Union White Cement Co., Ltd. and changed its name to Union Corporation in July 1977. Union Corporation was founded in 1964 and is headquartered in Seoul, South Korea.
Union Dividend Announcement
• Union announced a annually dividend of ₩125.00 per ordinary share which will be made payable on 2025-04-17. Ex dividend date: 2024-12-27
• Union annual dividend for 2024 was ₩125.00
• Union annual dividend for 2023 was ₩125.00
• Union's trailing twelve-month (TTM) dividend yield is 2.39%
• Union's payout ratio for the trailing twelve months (TTM) is -9.67%
• Union's dividend growth over the last five years (2018-2023) was 4.56% year
• Union's dividend growth over the last ten years (2013-2023) was 7.62% year
Union Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-27 | ₩125.00 | annually | 2025-04-17 |
2023-12-27 | ₩125.00 | annually | 2024-04-17 |
2022-12-28 | ₩125.00 | annually | 2023-04-19 |
2021-12-29 | ₩125.00 | annually | 2022-04-13 |
2020-12-29 | ₩125.00 | annually | 2021-04-14 |
2019-12-27 | ₩100.00 | annually | 2020-04-14 |
2018-12-27 | ₩100.00 | annually | 2019-04-17 |
2017-12-27 | ₩200.00 | annually | 2018-04-10 |
2016-12-28 | ₩70.00 | annually | |
2015-12-29 | ₩70.00 | annually | |
2014-12-29 | ₩70.00 | annually | |
2013-12-27 | ₩60.00 | annually |
Union Dividend per year
Union Dividend growth
Union Dividend Yield
Union current trailing twelve-month (TTM) dividend yield is 2.39%. Interested in purchasing Union stock? Use our calculator to estimate your expected dividend yield:
Union Financial Ratios
Union Dividend FAQ
Other factors to consider when evaluating Union 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.
Place an order: Use the brokerage's trading platform to place an order to buy Union 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.
1. Determination of Dividend: Union'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, Union 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, Union 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 Union 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: Union 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, Union distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Union 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 Union'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 Union'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.