Woojin Inc. manufactures and sells sensing and measurement related instruments in South Korea. It offers various instruments ranging from the ICI that measures the amount of neutrons, digital indicators, T/C, fast RTDs, and electromagnetic flow meters and recorders for nuclear power plants. The company also provides automation equipment, such as the slag layer measurement device or the FIMT temperature measuring device; condition monitoring systems to predict and prevent unexpected equipment accidents that could occur in industrial areas; and temperature sensors to temperature related fields, including nuclear power, semiconductor, petrochemical, airline, ship construction, geo technology, and genetic engineering. In addition, it develops various materials comprising vibration damping alloys and high silicon cast iron for applications in civil engineering, steel production, and airline and road construction industries. Further, the company offers Vortex, positive displacement, and electromagnetic flow meters to hydroelectric, gas, petrochemical, and other industries. Woojin Inc. is based in Hwaseong, South Korea.
Woojin Dividend Announcement
• Woojin announced a semi annually dividend of ₩50.00 per ordinary share which will be made payable on 2024-07-23. Ex dividend date: 2024-06-27
• Woojin annual dividend for 2024 was ₩50.00
• Woojin annual dividend for 2023 was ₩200.00
• Woojin's trailing twelve-month (TTM) dividend yield is 2.55%
• Woojin's payout ratio for the trailing twelve months (TTM) is 59.75%
Woojin Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-27 | ₩50.00 | semi annually | 2024-07-23 |
2023-12-27 | ₩150.00 | semi annually | 2024-04-12 |
2023-06-29 | ₩50.00 | semi annually | 2023-07-21 |
2022-12-28 | ₩150.00 | semi annually | 2023-04-11 |
2021-12-29 | ₩100.00 | semi annually | 2022-04-12 |
2020-12-29 | ₩100.00 | semi annually | 2021-04-14 |
2019-12-27 | ₩100.00 | semi annually | 2020-04-07 |
2016-12-28 | ₩220.00 | semi annually | |
2015-12-29 | ₩200.00 | semi annually | |
2014-12-29 | ₩170.00 | semi annually | |
2013-12-27 | ₩130.00 | semi annually | |
2013-06-27 | ₩128.00 | semi annually | |
2012-12-27 | ₩60.00 | semi annually | |
2012-06-28 | ₩255.00 | semi annually | |
2011-12-28 | ₩270.00 | semi annually |
Woojin Dividend per year
Woojin Dividend growth
Woojin Dividend Yield
Woojin current trailing twelve-month (TTM) dividend yield is 2.55%. Interested in purchasing Woojin stock? Use our calculator to estimate your expected dividend yield:
Woojin Financial Ratios
Woojin Dividend FAQ
Other factors to consider when evaluating Woojin 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: Woojin'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, Woojin 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, Woojin 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 Woojin 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: Woojin 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, Woojin distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Woojin 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 Woojin'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 Woojin'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.