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KIS Wire (XKRX:002240) Dividend Yield % : 1.36% (As of May. 02, 2024)


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What is KIS Wire Dividend Yield %?

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

Good Sign:

KIS Wire Ltd stock dividend yield is close to 3-year high.

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

XKRX:002240' s Dividend Yield % Range Over the Past 10 Years
Min: 0.42   Med: 1.2   Max: 2.99
Current: 1.36

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

XKRX:002240's Dividend Yield % is ranked worse than
71.51% of 358 companies
in the Steel industry
Industry Median: 2.755 vs XKRX:002240: 1.36

KIS Wire's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.50.

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.

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

KIS Wire's Dividends per Share for the three 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 Yield % Historical Data

The historical data trend for KIS Wire'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.

KIS Wire Dividend Yield % Chart

KIS Wire Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.70 2.07 1.54 1.42 1.48

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 Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.42 1.47 1.58 1.44 1.48

Competitive Comparison of KIS Wire's Dividend Yield %

For the Steel subindustry, KIS Wire'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.


KIS Wire's Dividend Yield % Distribution in the Steel Industry

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

* The bar in red indicates where KIS Wire's Dividend Yield % falls into.



KIS Wire Dividend Yield % Calculation

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

KIS Wire Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
KRW 350.0000002023-12-272023-12-312024-04-22Cash 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.

KIS Wire's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=350/25800.00
=1.36 %

Current Share Price is ₩25800.00.
KIS Wire's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₩350.

KIS Wire's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=350/25800.00
=1.36 %

Current Share Price is ₩25800.00.
KIS Wire's Dividends per Share for the forward twelve months is calculated as ₩350 * 1 = ₩350.

* 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.


KIS Wire  (XKRX:002240) 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.


KIS Wire Dividend Yield % Related Terms

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


KIS Wire (XKRX:002240) Business Description

Traded in Other Exchanges
N/A
Address
37, Gurak-ro 141beon-gil, Suyeong-gu, Busan, KOR
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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