08-31-2023
KRW/share | |
Price | 16,660.00 |
Dividend | 1,199.52 |
Earnings | 20,825.00 |
Cash-flow | 23,800.00 |
Book value | 33,320.00 |
Equity | 26,596.42 |
Hyundai Merchant Mar is part of Industrial Engineering business, which is part of Industrials industry. Hyundai Merchant Mar is a company from Korea, and his stocks are publicly traded.
Hyundai Merchant Mar stock dividend
Hyundai Merchant Mar paid a total dividend of 586,565 million KRW last year, for a market value of 8,146,740 millions (Market Cap 4,831,976 millions). Hyundai Merchant Mar dividend per share is 1,199.52 KRW, and his stock market price 16,660.00 KRW.
According to the chart below, where dividend yield is displayed, Hyundai Merchant Mar has a dividend yield of 7.20%, which is higher than the amount offered by both the market average and companies from Korea. It is also bigger than average of Industrials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.
In addition, you should compare Hyundai Merchant Mar stocks dividend with other Industrial Engineering companies or other of the highest Korea dividend stocks list.
Hyundai Merchant Mar Dividend Payout
About the ability of Hyundai Merchant Mar to maintain his current dividend of KRW 1199.52 per share, an amount that accounts for 7.20%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Hyundai Merchant Mar payout on ernings is currently 5.76%, which is lower than the market average and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures lead us to believe that there is confidence that Hyundai Merchant Marcan 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 Hyundai Merchant Mar is KRW 23,800.00 per share, which is higher than the dividend per share paid by the company of KRW 1,199.52, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Hyundai Merchant Mar, compared againt world market average, Korea companies, Industrials industry and Industrial Engineering sector companies.
Hyundai Merchant Mar Dividend History
Below you will find a table with the historical evolution of Hyundai Merchant Mar'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 | 7.20% | 1,199.52 | 5.76% | 489 |
2022 | 3.07% | 600.19 | 5.53% | 489 |
2015 | 0.00% | 0.00 | 0.00% | 204 |
*In millions
Hyundai Merchant Mar Stock performance
Finally, last moth Hyundai Merchant Mar showed a return of -4.70% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -25.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Korea and Industrial Engineering firms.