Korea Castiron Pipe Ind Co Stock

Korea Castiron Pipe Ind Co Dividend 2024

Korea Castiron Pipe Ind Co Dividend

400 KRW

Korea Castiron Pipe Ind Co Dividend yield

6.13 %

Ticker

000970.KS

ISIN

KR7000970004

How much dividend does Korea Castiron Pipe Ind Co 2024 pay?

According to the latest status from September 2024, Korea Castiron Pipe Ind Co paid a total of 400 KRW per share in dividends within the last 12 months. With the current Korea Castiron Pipe Ind Co price of 6,520 KRW, this corresponds to a dividend yield of 6.13 %. A dividend is paid times per year.

6.13 % Dividend Yield=
400 KRW Dividend
6,520 KRW Stock Price

Historical Korea Castiron Pipe Ind Co Dividends

A dividend is paid times per year. Last year, the payout months were and January.

PaydateDividend
1/27/2024400
1/28/2023400
1/29/2022400
1/29/2021200
4/30/2020200
4/28/2019200
4/29/2018200
4/30/2017200
4/30/2016150
4/30/2015125
4/28/2014150
4/28/2013175
4/29/2012125
4/30/2011150
4/30/2010150
4/30/2009150
4/28/2008150
4/29/2007150
4/30/2006145
4/30/2005145
1
2

Korea Castiron Pipe Ind Co dividend history and estimates

In 2023, Korea Castiron Pipe Ind Co paid a dividend amounting to 400 KRW. Dividend means that Korea Castiron Pipe Ind Co distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
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Dividend

Dividend Overview

The dividend per year chart for Korea Castiron Pipe Ind Co provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Korea Castiron Pipe Ind Co’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Korea Castiron Pipe Ind Co's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Korea Castiron Pipe Ind Co Dividend History

DateKorea Castiron Pipe Ind Co Dividend
2023400 undefined
2022400 undefined
2021400 undefined
2020400 undefined
2019200 undefined
2018200 undefined
2017200 undefined
2016150 undefined
2015125 undefined
2014150 undefined
2013175 undefined
2012125 undefined
2011150 undefined
2010150 undefined
2009150 undefined
2008150 undefined
2007150 undefined
2006145 undefined
2005145 undefined
2004145 undefined

Is the Korea Castiron Pipe Ind Co Dividend Safe?

Korea Castiron Pipe Ind Co has been increasing the dividend for 1 years.

Over the past 10 years, Korea Castiron Pipe Ind Co has increased it by an annual 8.618 %.

Over a five-year period, the distribution increased by 14.87%.

Analysts expect a Dividend Cut of -100% for the current fiscal year.

Korea Castiron Pipe Ind Co dividend payout ratio

In 2023, Korea Castiron Pipe Ind Co had a payout ratio of 54.19%. The payout ratio indicates the percentage of the company's profits that Korea Castiron Pipe Ind Co distributes as dividends.
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Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Korea Castiron Pipe Ind Co represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Korea Castiron Pipe Ind Co could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Korea Castiron Pipe Ind Co's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Korea Castiron Pipe Ind Co Payout Ratio History

DateKorea Castiron Pipe Ind Co Payout ratio
202354.19 %
202271.56 %
202113.09 %
202077.91 %
201934.99 %
201867.08 %
201737.13 %
201613.52 %
201522.18 %
201443.73 %
201369.38 %
201239.65 %
201173.37 %
2010126.73 %
200956.09 %
200858.66 %
200746.12 %
200638.89 %
200532.6 %
200450.74 %

Dividend Details

Understanding Korea Castiron Pipe Ind Co's Dividend Distributions

Korea Castiron Pipe Ind Co’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Korea Castiron Pipe Ind Co's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Korea Castiron Pipe Ind Co's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Korea Castiron Pipe Ind Co’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Korea Castiron Pipe Ind Co Aktienanalyse

What does Korea Castiron Pipe Ind Co do?

Korea Castiron Pipe Ind Co is one of the most popular companies on Eulerpool.com.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Frequently Asked Questions about Korea Castiron Pipe Ind Co stock

How much dividend does Korea Castiron Pipe Ind Co pay?

Over the past 12 months, Korea Castiron Pipe Ind Co paid a dividend of 400 KRW . This corresponds to a dividend yield of about 6.13 %. For the coming 12 months, Korea Castiron Pipe Ind Co is expected to pay a dividend of 400 KRW.

What is the dividend yield of Korea Castiron Pipe Ind Co?

The current dividend yield of Korea Castiron Pipe Ind Co is 6.13 %.

When does Korea Castiron Pipe Ind Co pay dividends?

Korea Castiron Pipe Ind Co pays a quarterly dividend. This is distributed in the months of January, January, January, January.

How secure is the dividend of Korea Castiron Pipe Ind Co?

Korea Castiron Pipe Ind Co paid dividends every year for the past 20 years.

What is the dividend of Korea Castiron Pipe Ind Co?

For the upcoming 12 months, dividends amounting to 400 KRW are expected. This corresponds to a dividend yield of 6.13 %.

In which sector is Korea Castiron Pipe Ind Co located?

Korea Castiron Pipe Ind Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Korea Castiron Pipe Ind Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Korea Castiron Pipe Ind Co from 4/12/2024 amounting to 400 KRW, you needed to have the stock in your portfolio before the ex-date on 12/27/2023.

When did Korea Castiron Pipe Ind Co pay the last dividend?

The last dividend was paid out on 4/12/2024.

What was the dividend of Korea Castiron Pipe Ind Co in the year 2023?

In the year 2023, Korea Castiron Pipe Ind Co distributed 400 KRW as dividends.

In which currency does Korea Castiron Pipe Ind Co pay out the dividend?

The dividends of Korea Castiron Pipe Ind Co are distributed in KRW.

Andere Kennzahlen von Korea Castiron Pipe Ind Co

Our stock analysis for Korea Castiron Pipe Ind Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Korea Castiron Pipe Ind Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.