Wooshin Systems Co., Ltd. manufactures and sells automotive body assembly systems and body parts in South Korea and internationally. The company offers automotive body assembly systems, including robotic, gate change, index, sliding, and overhead hinge framers; roller and W/H roll hemmings, hemming presses, and table tops; and geo pallet, skid, lift and carry, friction, and linear motor systems, as well as plain shuttles, accumulators, and part feeders. It also provides automotive interior components, such as A-pillar, B-pillar, C-pillar, door center trim panel, real speaker grill, arm rest, and seat back panel; and door parts, hoods, trunk-lids, and seat belts. The company was founded in 1984 and is headquartered in Siheung-si, South Korea.
Wooshin Systems Dividend Announcement
• Wooshin Systems announced a annually dividend of ₩50.00 per ordinary share which will be made payable on 2025-04-28. Ex dividend date: 2024-12-27
• Wooshin Systems annual dividend for 2024 was ₩50.00
• Wooshin Systems annual dividend for 2023 was ₩50.00
• Wooshin Systems's trailing twelve-month (TTM) dividend yield is 0.75%
• Wooshin Systems's payout ratio for the trailing twelve months (TTM) is 5.91%
Wooshin Systems Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-27 | ₩50.00 | annually | 2025-04-28 |
2023-12-27 | ₩50.00 | annually | 2024-04-26 |
2022-12-28 | ₩30.00 | annually | 2023-04-28 |
2018-12-27 | ₩10.00 | annually | 2019-04-19 |
2017-12-27 | ₩20.00 | annually | 2018-04-20 |
2016-12-28 | ₩30.00 | annually | |
2015-12-29 | ₩30.00 | annually | |
2014-12-29 | ₩20.00 | annually | |
2013-12-27 | ₩20.00 | annually | |
2012-12-27 | ₩60.00 | annually | |
2011-12-28 | ₩100.00 | annually | |
2010-12-29 | ₩100.00 | annually |
Wooshin Systems Dividend per year
Wooshin Systems Dividend growth
Wooshin Systems Dividend Yield
Wooshin Systems current trailing twelve-month (TTM) dividend yield is 0.75%. Interested in purchasing Wooshin Systems stock? Use our calculator to estimate your expected dividend yield:
Wooshin Systems Financial Ratios
Wooshin Systems Dividend FAQ
Other factors to consider when evaluating Wooshin Systems 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: Wooshin Systems'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, Wooshin Systems 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, Wooshin Systems 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 Wooshin Systems 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: Wooshin Systems 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, Wooshin Systems distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Wooshin Systems 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 Wooshin Systems'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 Wooshin Systems'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.