Union Materials Corp. manufactures and sells magnetic and ceramic materials worldwide. The company offers fine ceramics products, such as alumina, silicon nitride, zirconia, and silicon carbide materials; and ceramic, cermet, and PCBN/PCD cutting tools, as well as tool holders, milling cutters, endmills and drills, and hydraulic expansion chucks. It also provides ferrite magnets, such as ARC type for D/C motor applications and rectangular (block) type for industrial applications; and industrial ceramics, such as faucet discs, ferrule for fiber optics, metalized parts, bio-ceramics, and others for the automobile, electrical and electronic engineering, and machinery industries. The company was formerly known as Ssangyong Materials Corp. and changed its name to Union Materials Corp. in September 2017. Union Materials Corp. was founded in 2000 and is headquartered in Daegu, South Korea.
Union Materials Dividend Announcement
• Union Materials announced a annually dividend of ₩35.00 per ordinary share which will be made payable on 2023-04-28. Ex dividend date: 2022-12-28
• Union Materials's trailing twelve-month (TTM) dividend yield is -%
Union Materials Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2022-12-28 | ₩35.00 | annually | 2023-04-28 |
2021-12-29 | ₩35.00 | annually | 2022-04-22 |
2020-12-29 | ₩20.00 | annually | 2021-04-29 |
2019-12-27 | ₩50.00 | annually | 2020-04-24 |
2018-12-27 | ₩35.00 | annually | 2019-04-26 |
2017-12-27 | ₩50.00 | annually | 2018-04-20 |
2016-12-28 | ₩35.00 | annually | |
2015-12-29 | ₩35.00 | annually | |
2014-12-29 | ₩35.00 | annually | |
2013-12-27 | ₩35.00 | annually | |
2012-12-27 | ₩35.00 | annually | |
2011-12-28 | ₩50.00 | annually |
Union Materials Dividend per year
Union Materials Dividend growth
Union Materials Dividend Yield
Union Materials current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Union Materials stock? Use our calculator to estimate your expected dividend yield:
Union Materials Financial Ratios
Union Materials Dividend FAQ
Other factors to consider when evaluating Union Materials 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: Union Materials'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 Materials 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 Materials 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 Materials 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 Materials 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 Materials 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 Materials 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 Materials'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 Materials'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.