Winix Inc. manufactures and sells home appliances in South Korea and internationally. The company's products include air purifiers, dehumidifiers, humidifiers, fan heaters, water purifiers, and filter/accessories. It also offers refrigerator coolers, air conditioner parts, heat exchangers, cold and hot water heaters, condensers, and hot air machines. In addition, the company engages in the real estate rental business. Winix Inc. was founded in 1973 and is headquartered in Siheung, South Korea.
Winix Dividend Announcement
• Winix announced a semi annually dividend of ₩300.00 per ordinary share which will be made payable on 2025-04-16. Ex dividend date: 2024-12-27
• Winix annual dividend for 2024 was ₩300.00
• Winix annual dividend for 2023 was ₩400.00
• Winix's trailing twelve-month (TTM) dividend yield is 4.06%
• Winix's payout ratio for the trailing twelve months (TTM) is 167.43%
Winix Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-27 | ₩300.00 | semi annually | 2025-04-16 |
2023-12-27 | ₩200.00 | semi annually | 2024-04-16 |
2023-06-29 | ₩200.00 | semi annually | |
2022-12-28 | ₩200.00 | semi annually | 2023-04-14 |
2017-12-27 | ₩200.00 | semi annually | 2018-04-20 |
2016-12-28 | ₩50.00 | semi annually | |
2014-12-29 | ₩100.00 | semi annually | |
2013-12-27 | ₩100.00 | semi annually | |
2012-12-27 | ₩50.00 | semi annually | |
2011-12-28 | ₩50.00 | semi annually | |
2010-12-29 | ₩50.00 | semi annually | |
2009-12-29 | ₩120.00 | semi annually | |
2008-12-29 | ₩60.00 | semi annually |
Winix Dividend per year
Winix Dividend growth
Winix Dividend Yield
Winix current trailing twelve-month (TTM) dividend yield is 4.06%. Interested in purchasing Winix stock? Use our calculator to estimate your expected dividend yield:
Winix Financial Ratios
Winix Dividend FAQ
Other factors to consider when evaluating Winix 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: Winix'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, Winix 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, Winix 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 Winix 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: Winix 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, Winix distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Winix 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 Winix'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 Winix'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.