Daechang Forging Dividends and Buybacks
Dividend criteria checks 3/6
Daechang Forging is a dividend paying company with a current yield of 3.49% that is well covered by earnings. Next payment date is on 23rd April, 2025 with an ex-dividend date of 27th December, 2024.
Key information
3.5%
Dividend yield
3.4%
Buyback Yield
| Total Shareholder Yield | 6.9% |
| Future Dividend Yield | 3.5% |
| Dividend Growth | 3.6% |
| Next dividend pay date | 23 Apr 25 |
| Ex dividend date | 27 Dec 24 |
| Dividend per share | ₩180.000 |
| Payout ratio | 17% |
Recent dividend and buyback updates
Recent updates
We Think That There Are More Issues For Daechang Forging (KRX:015230) Than Just Sluggish Earnings
Aug 24
Is Daechang Forging (KRX:015230) Using Too Much Debt?
Jul 17Even With A 27% Surge, Cautious Investors Are Not Rewarding Daechang Forging Co., Ltd.'s (KRX:015230) Performance Completely
May 02Three Things You Should Check Before Buying Daechang Forging Co., Ltd. (KRX:015230) For Its Dividend
Apr 29Daechang Forging (KRX:015230) Will Will Want To Turn Around Its Return Trends
Apr 03Daechang Forging (KRX:015230) Shareholders Have Enjoyed A 27% Share Price Gain
Mar 07Daechang Forging (KRX:015230) Could Easily Take On More Debt
Feb 09Read This Before Buying Daechang Forging Co., Ltd. (KRX:015230) For Its Dividend
Jan 19
Should Income Investors Look At Daechang Forging Co., Ltd. (KRX:015230) Before Its Ex-Dividend?
Dec 24Our Take On The Returns On Capital At Daechang Forging (KRX:015230)
Dec 17Should Daechang Forging (KRX:015230) Be Disappointed With Their 23% Profit?
Nov 26Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, A015230 has been paying a dividend for less than 10 years.
Growing Dividend: A015230's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Daechang Forging Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (A015230) | 3.5% |
| Market Bottom 25% (KR) | 1.2% |
| Market Top 25% (KR) | 3.9% |
| Industry Average (Machinery) | 2.1% |
| Analyst forecast (A015230) (up to 3 years) | 3.5% |
Notable Dividend: A015230's dividend (3.49%) is higher than the bottom 25% of dividend payers in the KR market (1.22%).
High Dividend: A015230's dividend (3.49%) is low compared to the top 25% of dividend payers in the KR market (3.92%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.4%), A015230's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.4%), A015230's dividend payments are well covered by cash flows.