Nexen Tire Dividend
Dividend criteria checks 2/6
Nexen Tire is a dividend paying company with a current yield of 1.23% that is well covered by earnings.
Key information
1.2%
Dividend yield
11%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₩1.00k |
| Dividend yield forecast in 3Y | 1.3% |
Recent dividend updates
Recent updates
Is Nexen Tire Corporation (KRX:002350) Trading At A 37% Discount?
Apr 11
Nexen Tire (KRX:002350) Use Of Debt Could Be Considered Risky
Feb 26Nexen Tire's (KRX:002350) Returns On Capital Not Reflecting Well On The Business
May 03Nexen Tire (KRX:002350) Has No Shortage Of Debt
Apr 12Would Nexen Tire Corporation (KRX:002350) Be Valuable To Income Investors?
Mar 22Nexen Tire Corporation (KRX:002350) Shares Could Be 24% Below Their Intrinsic Value Estimate
Mar 07Do Institutions Own Nexen Tire Corporation (KRX:002350) Shares?
Feb 20If You Had Bought Nexen Tire's (KRX:002350) Shares Five Years Ago You Would Be Down 44%
Feb 05The Trends At Nexen Tire (KRX:002350) That You Should Know About
Jan 21
Is Nexen Tire (KRX:002350) Using Too Much Debt?
Jan 07Should You Investigate Nexen Tire Corporation (KRX:002350) At ₩6,420?
Dec 20Is There An Opportunity With Nexen Tire Corporation's (KRX:002350) 31% Undervaluation?
Dec 05Could The Nexen Tire Corporation (KRX:002350) Ownership Structure Tell Us Something Useful?
Nov 20Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, A002350 has been paying a dividend for less than 10 years.
Growing Dividend: A002350's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Nexen Tire Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (A002350) | 1.2% |
| Market Bottom 25% (KR) | 1.0% |
| Market Top 25% (KR) | 3.5% |
| Industry Average (Auto Components) | 2.2% |
| Analyst forecast in 3 Years (A002350) | 1.3% |
Notable Dividend: A002350's dividend (1.23%) is higher than the bottom 25% of dividend payers in the KR market (1%).
High Dividend: A002350's dividend (1.23%) is low compared to the top 25% of dividend payers in the KR market (3.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.5%), A002350's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: A002350 is paying a dividend but the company has no free cash flows.