Korea Cast Iron Pipe Ind Dividends and Buybacks
Dividend criteria checks 4/6
Korea Cast Iron Pipe Ind is a dividend paying company with a current yield of 6.16% that is well covered by earnings. Next payment date is on 14th April, 2025 with an ex-dividend date of 27th December, 2024.
Key information
6.2%
Dividend yield
0.7%
Buyback Yield
| Total Shareholder Yield | 6.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | 26.5% |
| Next dividend pay date | 14 Apr 25 |
| Ex dividend date | 27 Dec 24 |
| Dividend per share | ₩400.000 |
| Payout ratio | 51% |
Recent dividend and buyback updates
Recent updates
Is It Worth Buying Korea Cast Iron Pipe Ind. Co., Ltd. (KRX:000970) For Its 2.2% Dividend Yield?
Apr 04
Is Korea Cast Iron Pipe Ind (KRX:000970) Likely To Turn Things Around?
Mar 15Is Korea Cast Iron Pipe Ind (KRX:000970) A Risky Investment?
Feb 25What Type Of Shareholders Make Up Korea Cast Iron Pipe Ind. Co., Ltd.'s (KRX:000970) Share Registry?
Feb 07Korea Cast Iron Pipe Ind. Co., Ltd. (KRX:000970) Vies For A Place In Your Dividend Portfolio: Here's Why
Dec 31
What Do The Returns On Capital At Korea Cast Iron Pipe Ind (KRX:000970) Tell Us?
Dec 13These 4 Measures Indicate That Korea Cast Iron Pipe Ind (KRX:000970) Is Using Debt Safely
Nov 26Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, A000970 has been paying a dividend for less than 10 years.
Growing Dividend: A000970's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Korea Cast Iron Pipe Ind Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (A000970) | 6.2% |
| Market Bottom 25% (KR) | 1.2% |
| Market Top 25% (KR) | 3.9% |
| Industry Average (Building) | 2.7% |
| Analyst forecast (A000970) (up to 3 years) | n/a |
Notable Dividend: A000970's dividend (6.16%) is higher than the bottom 25% of dividend payers in the KR market (1.24%).
High Dividend: A000970's dividend (6.16%) is in the top 25% of dividend payers in the KR market (3.91%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.2%), A000970's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.7%), A000970's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 19:55 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Korea Cast Iron Pipe Ind. Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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