KIS Wire (XKRX:002240) Dividend Payout Ratio : 0.50 (As of Dec. 2023)

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What is KIS Wire Dividend Payout Ratio?

KIS Wire's dividend payout ratio for the months ended in Dec. 2023 was 0.50.

The historical rank and industry rank for KIS Wire's Dividend Payout Ratio or its related term are showing as below:

XKRX:002240' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.02 Med: 0.21 Max: 3.11
Current: 0.12

During the past 13 years, the highest Dividend Payout Ratio of KIS Wire was 3.11. The lowest was 0.02. And the median was 0.21.

XKRX:002240's Dividend Payout Ratio is ranked better than
81.91% of 304 companies
in the Steel industry
Industry Median: 0.29 vs XKRX:002240: 0.12

As of today (2024-05-02), the Dividend Yield % of KIS Wire is 1.36%.

During the past 13 years, the highest Trailing Annual Dividend Yield of KIS Wire was 2.99%. The lowest was 0.42%. And the median was 1.20%.

KIS Wire's Dividends per Share for the months ended in Dec. 2023 was ₩350.00.

During the past 12 months, KIS Wire's average Dividends Per Share Growth Rate was 16.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of KIS Wire was 10.10% per year. The lowest was -0.50% per year. And the median was 4.90% per year.

The growth rate is calculated with least square regression.

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

KIS Wire Dividend Payout Ratio Historical Data

The historical data trend for KIS Wire's Dividend Payout Ratio 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.

KIS Wire Dividend Payout Ratio Chart

KIS Wire Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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3.11

1.43

0.06

0.09

0.13

KIS Wire Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	-	0.50

Competitive Comparison of KIS Wire's Dividend Payout Ratio

For the Steel subindustry, KIS Wire's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

KIS Wire's Dividend Payout Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, KIS Wire's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where KIS Wire's Dividend Payout Ratio falls into.

KIS Wire Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

KIS Wire's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	350	/	2801.193
	=	0.12

KIS Wire's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	350	/	696.596
	=	0.50

KIS Wire (XKRX:002240) Dividend Payout Ratio Explanation

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.

KIS Wire Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of KIS Wire's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

KIS Wire (XKRX:002240) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » KIS Wire Ltd (XKRX:002240) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

37, Gurak-ro 141beon-gil, Suyeong-gu, Busan, KOR

Website

http://www.kiswire.com

KIS Wire Ltd is in the business of manufacturing secondary steel products such as wire and wire ropes. Its products include oil tempered wire, spring wire, tire reinforcement, house wire, bridge cable, galvanized steel wire, computer wire, wire rope, superconductive wire, etc. The company mainly operates in Korea, Malaysia, and China. It sells its products to automotive, construction, machinery, bridge, energy, fishing and semi-conductor industries.

KIS Wire (XKRX:002240) Headlines

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