As of today (2024-05-01), the Trailing Annual Dividend Yield of Kangwon Land is 6.06%.
Good Sign:
Kangwon Land Inc stock dividend yield is close to 10-year high.
The historical rank and industry rank for Kangwon Land's Dividend Yield % or its related term are showing as below:
XKRX:035250'
s Dividend Yield % Range Over the Past 10 Years
Min: 1.46 Med: 2.65 Max: 6.32
Current: 6.06
During the past 13 years, the highest Dividend Yield of Kangwon Land was 6.32%. The lowest was 1.46%. And the median was 2.65%.
XKRX:035250's Dividend Yield % is ranked better than 88.69% of 336
companies
in the Travel & Leisure industry
Industry Median: 2.23
vs XKRX:035250: 6.06
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.
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.
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 Yield % Historical Data
The historical data trend for Kangwon Land'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.
Competitive Comparison of Kangwon Land's Dividend Yield %
For the Resorts & Casinos subindustry, Kangwon Land'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.
Kangwon Land's Dividend Yield % Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Kangwon Land's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Kangwon Land's Dividend Yield % falls into.
Kangwon Land Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Kangwon Land Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
KRW 930.000000
2023-12-27
2023-12-31
2024-04-26
Cash Dividend
annually
KRW: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.
Kangwon Land's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
930
/
15350.00
=
6.06 %
Current Share Price is ₩15350.00. Kangwon Land's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₩930.
Kangwon Land's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
930
/
15350.00
=
6.06 %
Current Share Price is ₩15350.00. Kangwon Land's Dividends per Share for the forward twelve months is calculated as ₩930 * 1 = ₩930.
* 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.
Kangwon Land (XKRX:035250) 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.
Thank you for viewing the detailed overview of Kangwon Land's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XKRX:035250 has been successfully added to your 