Taekwang Industrial Co Stock

Taekwang Industrial Co Dividend 2024

Taekwang Industrial Co Dividend

1,750 KRW

Taekwang Industrial Co Dividend yield

0.27 %

Ticker

003240.KS

ISIN

KR7003240009

How much dividend does Taekwang Industrial Co 2024 pay?

According to the latest status from November 2024, Taekwang Industrial Co paid a total of 1,750 KRW per share in dividends within the last 12 months. With the current Taekwang Industrial Co price of 643,000 KRW, this corresponds to a dividend yield of 0.27 %. A dividend is paid times per year.

0.27 % Dividend Yield=
1,750 KRW Dividend
643,000 KRW Stock Price

Historical Taekwang Industrial Co Dividends

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

PaydateDividend
1/27/20241,750
1/28/20231,750
1/29/20221,750
1/29/20211,550
1/27/20201,550
1/27/20193,000
1/27/20181,925
1/28/20171,750
1/29/20161,750
1/29/20151,250
1/27/20141,750
1/27/20131,750
1/28/20121,750
1/29/20111,750
1/29/20101,750
1/29/20091,500
1/27/20081,750
1/27/20071,750
1/28/20061,750
1/29/20051,750
1
2

Taekwang Industrial Co dividend history and estimates

In 2023, Taekwang Industrial Co paid a dividend amounting to 1,750 KRW. Dividend means that Taekwang Industrial Co distributes a portion of its profits to its owners.
  • 3 years

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  • Max

Dividend
Dividend (Estimate)
Details

Dividend

Dividend Overview

The dividend per year chart for Taekwang Industrial 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 Taekwang Industrial Co’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Taekwang Industrial 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.

Taekwang Industrial Co Dividend History

DateTaekwang Industrial Co Dividend
20231,750 undefined
20221,750 undefined
20211,750 undefined
20201,550 undefined
20191,550 undefined
20183,000 undefined
20171,925 undefined
20161,750 undefined
20151,750 undefined
20141,250 undefined
20131,750 undefined
20121,750 undefined
20111,750 undefined
20101,750 undefined
20091,750 undefined
20081,500 undefined
20071,750 undefined
20061,750 undefined
20051,750 undefined
20041,750 undefined

Is the Taekwang Industrial Co Dividend Safe?

Taekwang Industrial Co has been increasing the dividend for 1 years.

Over the past 10 years, Taekwang Industrial Co has increased it by an annual 0 %.

Over a five-year period, the distribution increased by -10.219%.

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

Taekwang Industrial Co dividend payout ratio

In 2023, Taekwang Industrial Co had a payout ratio of 0.83%. The payout ratio indicates the percentage of the company's profits that Taekwang Industrial Co distributes as dividends.
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  • Max

Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Taekwang Industrial 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 Taekwang Industrial 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 Taekwang Industrial 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.

Taekwang Industrial Co Payout Ratio History

DateTaekwang Industrial Co Payout ratio
20230.83 %
20220.57 %
20210.47 %
20201.46 %
20191.14 %
20181.4 %
20171.39 %
201612.24 %
20152.33 %
20141.7 %
20132.29 %
20125.28 %
20110.59 %
20100.49 %
20090.51 %
2008-2.76 %
20073.62 %
2006-2.72 %
2005-5.34 %
20042.35 %

Dividend Details

Understanding Taekwang Industrial Co's Dividend Distributions

Taekwang Industrial 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 Taekwang Industrial 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

Taekwang Industrial 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 Taekwang Industrial 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.

Taekwang Industrial Co Aktienanalyse

What does Taekwang Industrial Co do?

Taekwang Industrial Co Ltd is a South Korean company that was founded in 1971. It has since become one of the leading manufacturers and suppliers of various products and services. The business model of Taekwang is based on the production and sale of textiles, chemicals, foams, and other raw materials. It also focuses on developing value chains to serve its customers worldwide optimally. In the early 1970s, Taekwang started as a small chemical company in Seoul. But within a few years, it evolved into a diversified company offering various products and services. In 2018, Taekwang acquired a majority stake in German company Thermozell Kunststoff GmbH, expanding its value chain into the European market. Taekwang is divided into four subgroups, dealing with different areas: textiles, chemicals, foams, and components. The textile division produces and sells various types of yarns, fabrics, and non-woven products. It also offers a wide range of textile products for various applications in the apparel industry, healthcare, automotive, and construction industries. Taekwang is also a leading manufacturer of chemicals such as petrochemicals, resins, and other organic and inorganic raw materials. The company produces products used in construction materials, automotive, electronics, and other industries. The foam division produces foam materials used for cushioning and insulation. It also produces specialty foams for medical devices and other specific applications. Taekwang also produces various components and parts used in industries such as automotive and electronics. For example, it manufactures sealing rings, rubber gaskets, and other components. Overall, Taekwang produces a wide variety of products, including yarns, fabrics, components, and foams used in the manufacturing of furniture, clothing, automobiles, buildings, appliances, and more. The company also produces specialty products such as non-woven fabrics, medical devices, and high-performance materials. Its goal is to offer a broad range of products to meet its customers' specific requirements. In conclusion, Taekwang is a leading company specializing in the production of textiles, chemicals, foams, and other raw materials. Its value chains extend to various industries and markets. Taekwang aims to offer a broad range of products and meet its customers' specific requirements. Taekwang Industrial Co is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Taekwang Industrial Co stock

How much dividend does Taekwang Industrial Co pay?

Over the past 12 months, Taekwang Industrial Co paid a dividend of 1,750 KRW . This corresponds to a dividend yield of about 0.27 %. For the coming 12 months, Taekwang Industrial Co is expected to pay a dividend of 1,750 KRW.

What is the dividend yield of Taekwang Industrial Co?

The current dividend yield of Taekwang Industrial Co is 0.27 %.

When does Taekwang Industrial Co pay dividends?

Taekwang Industrial Co pays a quarterly dividend. This is distributed in the months of January, January, January, January.

How secure is the dividend of Taekwang Industrial Co?

Taekwang Industrial Co paid dividends every year for the past 20 years.

What is the dividend of Taekwang Industrial Co?

For the upcoming 12 months, dividends amounting to 1,750 KRW are expected. This corresponds to a dividend yield of 0.27 %.

In which sector is Taekwang Industrial Co located?

Taekwang Industrial Co is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Taekwang Industrial Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Taekwang Industrial Co from 6/1/2024 amounting to 1,750 KRW, you needed to have the stock in your portfolio before the ex-date on 12/27/2023.

When did Taekwang Industrial Co pay the last dividend?

The last dividend was paid out on 6/1/2024.

What was the dividend of Taekwang Industrial Co in the year 2023?

In the year 2023, Taekwang Industrial Co distributed 1,750 KRW as dividends.

In which currency does Taekwang Industrial Co pay out the dividend?

The dividends of Taekwang Industrial Co are distributed in KRW.

Andere Kennzahlen von Taekwang Industrial Co

Our stock analysis for Taekwang Industrial 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 Taekwang Industrial Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.