Hankook Tire Dividend yield

Hankook Tire is part of Automobiles and Parts business, which is part of Consumer Goods industry. Hankook Tire is a company from Korea, and his stocks are publicly traded.

Hankook Tire stock dividend

Hankook Tire paid a total dividend of 97,387 million KRW last year, for a market value of 4,727,500 millions (Market Cap 2,836,239 millions). Hankook Tire dividend per share is 798.25 KRW, and his stock market price 38,750.00 KRW.

According to the chart below, where dividend yield is displayed, Hankook Tire has a dividend yield of 2.06%, lower than the amount offered by both the market average and companies from Korea. It is also lower than average of Consumer Goods industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Hankook Tire stocks dividend with other Automobiles and Parts companies or other of the highest Korea dividend stocks list.

Hankook Tire Dividend Payout

About the ability of Hankook Tire to maintain his current dividend of KRW 798.25 per share, an amount that accounts for 2.06%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Hankook Tire payout on ernings is currently 13.80%, which is lower than the market average and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures lead us to believe that there is confidence that Hankook Tirecan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Hankook Tire is KRW 4,166.67 per share, which is higher than the dividend per share paid by the company of KRW 798.25, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Hankook Tire, compared againt world market average, Korea companies, Consumer Goods industry and Automobiles and Parts sector companies.

Hankook Tire Dividend History

Below you will find a table with the historical evolution of Hankook Tire's dividend stock, both in percentage and in KRW, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	KRW	Paypout	Shares*
Present	2.06%	798.25	13.80%	122
2022	2.25%	700.88	13.73%	122
2021	1.64%	651.08	20.01%	122
2020	1.40%	551.60	15.40%	124
2019	1.34%	449.57	10.32%	124
2018	1.00%	401.50	8.10%	124
2017	0.73%	398.58	5.55%	124
2016	0.74%	401.08	7.47%	124
2015	0.87%	401.51	6.96%	124

*In millions

Then you can see the evolution of Hankook Tire dividend stock, and compare it with the average of Korea stocks and that of the Automobiles and Parts stocks.

Hankook Tire Stock performance

Finally, last moth Hankook Tire showed a return of 0.10% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a 2.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Korea and Automobiles and Parts firms.