Kangwon Land (XKRX:035250) Dividend Payout Ratio : 6.55 (As of Dec. 2023)

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What is Kangwon Land Dividend Payout Ratio?

Kangwon Land's dividend payout ratio for the months ended in Dec. 2023 was 6.55.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Kangwon Land Inc is 0.83, which seems too high.

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

XKRX:035250' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.42 Med: 0.46 Max: 0.84
Current: 0.83

During the past 13 years, the highest Dividend Payout Ratio of Kangwon Land was 0.84. The lowest was 0.42. And the median was 0.46.

XKRX:035250's Dividend Payout Ratio is ranked worse than
78.52% of 284 companies
in the Travel & Leisure industry
Industry Median: 0.37 vs XKRX:035250: 0.83

As of today (2024-05-01), the Dividend Yield % of Kangwon Land is 6.06%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Kangwon Land was 6.32%. The lowest was 1.46%. And the median was 2.65%.

Kangwon Land's Dividends per Share for the months ended in Dec. 2023 was ₩930.00.

During the past 12 months, Kangwon Land's average Dividends Per Share Growth Rate was 165.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Kangwon Land was 15.50% per year. The lowest was -27.00% per year. And the median was -2.20% per year.

The growth rate is calculated with least square regression.

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

Kangwon Land Dividend Payout Ratio Historical Data

The historical data trend for Kangwon Land'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.

Kangwon Land Dividend Payout Ratio Chart

Kangwon Land Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.56

0.42

0.84

Kangwon Land 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															8.21	-	-	-	6.55

Competitive Comparison of Kangwon Land's Dividend Payout Ratio

For the Resorts & Casinos subindustry, Kangwon Land'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.

Kangwon Land's Dividend Payout Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kangwon Land's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Kangwon Land's Dividend Payout Ratio falls into.

Kangwon Land Dividend Payout Ratio Calculation

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

Kangwon Land'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 )
	=	930	/	1114.024
	=	0.83

Kangwon Land'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 )
	=	930	/	141.919
	=	6.55

Kangwon Land (XKRX:035250) 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.

Kangwon Land Dividend Payout Ratio Related Terms

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

Kangwon Land (XKRX:035250) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kangwon Land Inc (XKRX:035250) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

265 High1-Gil Sabuk-Eup, Jeongsun-Kun, Gangwon, KOR

Website

http://www.high1.com

Kangwon Land Inc is a casino and resort company. The business has six business segments that include Casino, Hotel, Holiday Unit, Golf Course, Skiing Ground, and Other. Kangwon operates numerous resorts and casinos that have table games and slot machines. The company's resorts also have condominium units. The Golf Course segment generates revenue from courses the company has built around its resorts. The Skiing Grounds segment is engaged in skiing tickets and rentals through the company's integrated ski resort. The Other business segment controls interests such as Kangwon's theme park. Kangwon Land generates the vast majority of its revenue in South Korea.

Kangwon Land (XKRX:035250) Headlines

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