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Daedong Metals Co (XKRX:020400) Dividend Yield % : 0.71% (As of Jun. 10, 2024)


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What is Daedong Metals Co Dividend Yield %?

As of today (2024-06-10), the Trailing Annual Dividend Yield of Daedong Metals Co is 0.71%.

Good Sign:

Daedong Metals Co Ltd stock dividend yield is close to 3-year high.

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

XKRX:020400' s Dividend Yield % Range Over the Past 10 Years
Min: 0.39   Med: 0.65   Max: 1.4
Current: 0.71

During the past 13 years, the highest Dividend Yield of Daedong Metals Co was 1.40%. The lowest was 0.39%. And the median was 0.65%.

XKRX:020400's Dividend Yield % is ranked worse than
79.11% of 1900 companies
in the Industrial Products industry
Industry Median: 1.85 vs XKRX:020400: 0.71

Daedong Metals Co's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Daedong Metals Co was 200.00. The lowest was 0.07. And the median was 0.19.

As of today (2024-06-10), the Forward Dividend Yield % of Daedong Metals Co is 0.71%.

Daedong Metals Co's Dividends per Share for the three months ended in Mar. 2024 was ₩0.00.

During the past 10 years, the average Dividends Per Share Growth Rate was 0.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Daedong Metals Co was 17.00% per year. The lowest was -9.10% per year. And the median was 10.40% per year.

The growth rate is calculated with least square regression.

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


Daedong Metals Co Dividend Yield % Historical Data

The historical data trend for Daedong Metals Co'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.

Daedong Metals Co Dividend Yield % Chart

Daedong Metals Co 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 0.59 0.65 0.62 0.67 0.41

Daedong Metals Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.64 0.61 0.60 0.41 0.67

Competitive Comparison of Daedong Metals Co's Dividend Yield %

For the Metal Fabrication subindustry, Daedong Metals Co'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.


Daedong Metals Co's Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Daedong Metals Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Daedong Metals Co's Dividend Yield % falls into.



Daedong Metals Co Dividend Yield % Calculation

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

Daedong Metals Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
KRW 60.0000002023-12-272023-12-312024-04-22Cash 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.

Daedong Metals Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=60/8540.00
=0.70 %

Current Share Price is ₩8540.00.
Daedong Metals Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₩60.

Daedong Metals Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=60/8540.00
=0.70 %

Current Share Price is ₩8540.00.
Daedong Metals Co's Dividends per Share for the forward twelve months is calculated as ₩60 * 1 = ₩60.

* 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.


Daedong Metals Co  (XKRX:020400) 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.


Daedong Metals Co Dividend Yield % Related Terms

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Daedong Metals Co (XKRX:020400) Business Description

Traded in Other Exchanges
N/A
Address
602 Nongong-ro, Nongong-eub, Dalsung -gun, Daegu, KOR
Daedong Metals Co Ltd is engaged in producing and selling casting parts for agricultural machinery, heavy equipment, and automotive markets in South Korea. Its automotive parts include cylinder heads and blocks; agricultural machinery parts comprise cylinder heads and blocks, clutch housings, middle cases, transmission cases, and hydraulic cylinders; and construction equipment parts consist of valve blocks, MCVs, shaft, and valve casings, cylinder blocks, and main and pump cases. The company also offers other parts, such as housings and flywheel housings.

Daedong Metals Co (XKRX:020400) Headlines

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