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Dongkuk Steel Mill Co spin off (XKRX:460860) Dividend Yield % : 6.33% (As of May. 22, 2024)


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What is Dongkuk Steel Mill Co spin off Dividend Yield %?

As of today (2024-05-22), the Trailing Annual Dividend Yield of Dongkuk Steel Mill Co spin off is 6.33%.

The historical rank and industry rank for Dongkuk Steel Mill Co spin off's Dividend Yield % or its related term are showing as below:

XKRX:460860' s Dividend Yield % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 6.49
Current: 6.33

During the past 1 years, the highest Dividend Yield of Dongkuk Steel Mill Co spin off was 6.49%. The lowest was 0.00%. And the median was 0.00%.

XKRX:460860's Dividend Yield % is ranked better than
88.17% of 355 companies
in the Steel industry
Industry Median: 2.78 vs XKRX:460860: 6.33

Dongkuk Steel Mill Co spin off's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 1 years, the highest Dividend Payout Ratio of Dongkuk Steel Mill Co spin off was 0.23. The lowest was 0.19. And the median was 0.23.

As of today (2024-05-22), the Forward Dividend Yield % of Dongkuk Steel Mill Co spin off is 6.33%.

Dongkuk Steel Mill Co spin off's Dividends per Share for the three months ended in Mar. 2024 was ₩0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Dongkuk Steel Mill Co spin off Dividend Yield % Historical Data

The historical data trend for Dongkuk Steel Mill Co spin off's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dongkuk Steel Mill Co spin off Dividend Yield % Chart

Dongkuk Steel Mill Co spin off Annual Data
Trend Dec23
Dividend Yield %
-

Dongkuk Steel Mill Co spin off Quarterly Data
Jun23 Sep23 Dec23 Mar24
Dividend Yield % - - - 6.22

Competitive Comparison of Dongkuk Steel Mill Co spin off's Dividend Yield %

For the Steel subindustry, Dongkuk Steel Mill Co spin off's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dongkuk Steel Mill Co spin off's Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Dongkuk Steel Mill Co spin off's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Dongkuk Steel Mill Co spin off's Dividend Yield % falls into.



Dongkuk Steel Mill Co spin off Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Dongkuk Steel Mill Co spin off Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
KRW 700.0000002023-12-272023-12-312024-04-08Cash DividendannuallyKRW:KRW 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Dongkuk Steel Mill Co spin off's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=700/10920.00
=6.41 %

Current Share Price is ₩10920.00.
Dongkuk Steel Mill Co spin off's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₩700.

Dongkuk Steel Mill Co spin off's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=700/10920.00
=6.41 %

Current Share Price is ₩10920.00.
Dongkuk Steel Mill Co spin off's Dividends per Share for the forward twelve months is calculated as ₩700 * 1 = ₩700.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dongkuk Steel Mill Co spin off  (XKRX:460860) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Dongkuk Steel Mill Co spin off Dividend Yield % Related Terms

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Dongkuk Steel Mill Co spin off (XKRX:460860) Business Description

Traded in Other Exchanges
N/A
Address
19 Eulji-ro 5-gil, Ferrum Tower, Jung-gu, Seoul, KOR
Dongkuk Steel Mill Co Ltd spin off is a Korean steel company that engages in manufacturing steel products. It produces high-strength and ultra-high-strength reinforcing bars of various standards. It offers H-beams, angles, Reinforcing Bar, Seismic Resistant Bar, and channels, Threaded Bar, and steel plates.

Dongkuk Steel Mill Co spin off (XKRX:460860) Headlines

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