Hankook Tire Dividend yield




   KRW/share 
 Price  37,950.00
 Dividend  698.28
 Earnings  5,060.00
 Cash-flow  6,900.00
 Book value  63,250.00
 Equity  63,250.00

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 paid a total dividend of 85,190 million KRW last year, for a market value of 4,629,900 millions (Market Cap 2,777,684 millions). Dividend per share of Hankook Tire is 698.28 KRW, and his stock market price 37,950.00 KRW.

According to the chart below, where dividend yield is displayed, Hankook Tire has a dividend yield of 1.84%, 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 dividend yield with other Automobiles and Parts companies or firms from Korea.

Dividend yield of Hankook Tire

Hankook Tire Dividend Payout

About the ability of Hankook Tire to maintain his current dividend of KRW 698.28 per share, an amount that accounts for 1.84%, 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 40.22% and 43.16% 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 6,900.00 per share, which is higher than the dividend per share paid by the company of KRW 698.28, 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 payout

Hankook Tire Dividend History

Year Yield  KRW  Paypout  Shares* 
Present1.84%698.2813.80%122
20211.64%651.0820.01%122
20201.40%551.6015.40%124
20191.34%449.5710.32%124
20181.00%401.508.10%124
20170.73%398.585.55%124
20160.74%401.087.47%124
20150.87%401.516.96%124

*In millions

Hankook Tire Stock performance

Finally, last moth Hankook Tire showed a return of 9.10% compared to a worldwide -0.44% average, and a -0.72% of Consumer Goods firms. Over the last year, the company obtained a -18.60% versus a worldwide performance of a -6.34%. More detailed information can be seen in the following graph for Korea and Automobiles and Parts firms.

Hankook Tire stock and market return