Tongyang Dividend
Dividend criteria checks 2/6
Tongyang is a dividend paying company with a current yield of 4.99%.
Key information
5.0%
Dividend yield
328%
Payout ratio
| Industry average yield | 4.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₩40.000 |
| Earnings per share | ₩12.20 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Many Still Looking Away From Tongyang Inc. (KRX:001520)
Aug 06
Shareholders Can Be Confident That Tongyang's (KRX:001520) Earnings Are High Quality
Mar 27Do Investors Have Good Reason To Be Wary Of Tongyang Inc.'s (KRX:001520) 2.7% Dividend Yield?
Apr 28Is Tongyang (KRX:001520) Using Debt Sensibly?
Mar 02Tongyang's (KRX:001520) Shareholders Are Down 59% On Their Shares
Feb 04We Wouldn't Rely On Tongyang's (KRX:001520) Statutory Earnings As A Guide
Jan 14Here's Why We're Wary Of Buying Tongyang's (KRX:001520) For Its Upcoming Dividend
Dec 24
How Much Of Tongyang Inc. (KRX:001520) Do Institutions Own?
Dec 21Is Tongyang (KRX:001520) Using Debt In A Risky Way?
Nov 30Stability and Growth of Payments
Fetching dividends data
Stable Dividend: A001520 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: A001520 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
| Tongyang Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (A001520) | 5.0% |
| Market Bottom 25% (KR) | 1.2% |
| Market Top 25% (KR) | 3.8% |
| Industry Average (Basic Materials) | 4.5% |
| Analyst forecast (A001520) (up to 3 years) | n/a |
Notable Dividend: A001520's dividend (4.99%) is higher than the bottom 25% of dividend payers in the KR market (1.18%).
High Dividend: A001520's dividend (4.99%) is in the top 25% of dividend payers in the KR market (3.79%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (327.8%), A001520's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: A001520 is paying a dividend but the company has no free cash flows.