Youngwire Co., Ltd. manufactures and sells wire rope products. It offers general, paralleled, non-rotating, and compact wire ropes, as well as swaged, cable laid, and EV and IP ropes; steel wires for beds, springs, and rolling products; control cables, which are used for machinery operations and automobiles; and PC strands for use in nuclear power plants, railroad ties, bridges, bridge piers, and elevated roads. The company also provides X-Bon products for use in concrete electric pole and pile reinforcing, reinforcement of building columns, bents, reinforcing ducts, piles, poles, hume piles, beams, sheet piles, and high stressed pile; CD bars that are used in OA and optical instrument, and automotive applications, as well as for bolt, lench, tools, and spring; and IT wires that are used for automobile suspension coil springs. Further, the company provides industrial packaging materials; and port and inland logistic services. The company exports its products to the United States, Europe, Asia, and internationally. The company was formerly known as Young Heung Iron & Steel Co., Ltd. Youngwire Co., Ltd. was founded in 1977 and is headquartered in Boryeong, South Korea.
Youngwire Dividend Announcement
• Youngwire announced a annually dividend of ₩20.00 per ordinary share which will be made payable on 2021-04-29. Ex dividend date: 2020-12-29
• Youngwire's trailing twelve-month (TTM) dividend yield is -%
Youngwire Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2020-12-29 | ₩20.00 | annually | 2021-04-29 |
2019-12-27 | ₩30.00 | annually | 2020-04-23 |
2018-12-27 | ₩10.00 | annually | 2019-04-25 |
2017-12-27 | ₩10.00 | annually | 2018-04-20 |
2016-12-28 | ₩30.00 | annually | |
2015-12-29 | ₩50.00 | annually | |
2014-12-29 | ₩50.00 | annually | |
2013-12-27 | ₩50.00 | annually | |
2012-12-27 | ₩40.00 | annually | |
2011-12-28 | ₩50.00 | annually | |
2010-12-29 | ₩400.00 | annually |
Youngwire Dividend per year
Youngwire Dividend growth
Youngwire Dividend Yield
Youngwire current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Youngwire stock? Use our calculator to estimate your expected dividend yield:
Youngwire Financial Ratios
Youngwire Dividend FAQ
Other factors to consider when evaluating Youngwire 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: Youngwire'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, Youngwire 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, Youngwire 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 Youngwire 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: Youngwire 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, Youngwire distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Youngwire 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 Youngwire'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 Youngwire'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.