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 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.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.