Yoosung Enterprise Co., Ltd. manufactures and supplies engine and auto parts in South Korea and internationally. The company offers cast iron piston rings, cylinder liners, air compressors, camshafts, valve guides, and loose sand vacuum assisted counter-gravity castings. Its products are used in automobile, marine, and agricultural engines applications in the assemblers and replacement markets. Yoosung Enterprise Co., Ltd. was founded in 1959 and is headquartered in Asan-si, South Korea.
Yoosung Enterprise Dividend Announcement
• Yoosung Enterprise announced a annually dividend of ₩60.00 per ordinary share which will be made payable on 2025-04-11. Ex dividend date: 2024-12-27
• Yoosung Enterprise annual dividend for 2024 was ₩60.00
• Yoosung Enterprise annual dividend for 2023 was ₩60.00
• Yoosung Enterprise's trailing twelve-month (TTM) dividend yield is 3.15%
• Yoosung Enterprise's payout ratio for the trailing twelve months (TTM) is -20.84%
• Yoosung Enterprise's dividend growth over the last five years (2018-2023) was -9.71% year
• Yoosung Enterprise's dividend growth over the last ten years (2013-2023) was -7.44% year
Yoosung Enterprise Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-27 | ₩60.00 | annually | 2025-04-11 |
2023-12-27 | ₩60.00 | annually | 2024-04-11 |
2022-12-28 | ₩120.00 | annually | 2023-04-12 |
2021-12-29 | ₩120.00 | annually | 2022-04-12 |
2020-12-29 | ₩120.00 | annually | 2021-04-08 |
2019-12-27 | ₩200.00 | annually | 2020-04-08 |
2018-12-27 | ₩100.00 | annually | 2019-04-09 |
2017-12-27 | ₩120.00 | annually | 2018-04-12 |
2016-12-28 | ₩120.00 | annually | |
2015-12-29 | ₩120.00 | annually | |
2014-12-29 | ₩130.00 | annually | |
2013-12-27 | ₩130.00 | annually |
Yoosung Enterprise Dividend per year
Yoosung Enterprise Dividend growth
Yoosung Enterprise Dividend Yield
Yoosung Enterprise current trailing twelve-month (TTM) dividend yield is 3.15%. Interested in purchasing Yoosung Enterprise stock? Use our calculator to estimate your expected dividend yield:
Yoosung Enterprise Financial Ratios
Yoosung Enterprise Dividend FAQ
Other factors to consider when evaluating Yoosung Enterprise 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: Yoosung Enterprise'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, Yoosung Enterprise 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, Yoosung Enterprise 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 Yoosung Enterprise 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: Yoosung Enterprise 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, Yoosung Enterprise distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Yoosung Enterprise 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 Yoosung Enterprise'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 Yoosung Enterprise'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.