Hyundai Steel Dividend yield

Hyundai Steel is part of Industrial Metals and Mining business, which is part of Basic Materials industry. Hyundai Steel is a company from Korea, and his stocks are publicly traded.

Hyundai Steel stock dividend

Hyundai Steel paid a total dividend of 131,884 million KRW last year, for a market value of 4,778,400 millions (Market Cap 3,024,570 millions). Hyundai Steel dividend per share is 999.12 KRW, and his stock market price 36,200.00 KRW.

According to the chart below, where dividend yield is displayed, Hyundai Steel has a dividend yield of 2.76%, lower than the amount offered by both the market average and companies from Korea. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Hyundai Steel stocks dividend with other Industrial Metals and Mining companies or other of the highest Korea dividend stocks list.

Hyundai Steel Dividend Payout

About the ability of Hyundai Steel to maintain his current dividend of KRW 999.12 per share, an amount that accounts for 2.76%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Hyundai Steel payout on ernings is currently 12.14%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that Hyundai Steelcan 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 Steel is KRW 16,454.55 per share, which is higher than the dividend per share paid by the company of KRW 999.12, 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 Steel, compared againt world market average, Korea companies, Basic Materials industry and Industrial Metals and Mining sector companies.

Hyundai Steel Dividend History

Below you will find a table with the historical evolution of Hyundai Steel'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	2.76%	999.12	12.14%	132
2022	3.27%	1,000.62	8.50%	132
2021	1.22%	500.20	-19.15%	132
2020	1.89%	748.44	89.02%	131
2019	2.38%	748.51	19.75%	131
2018	1.66%	751.15	12.12%	131
2017	1.28%	750.08	10.62%	131
2016	1.50%	748.50	12.00%	130
2015	1.48%	751.84	12.14%	133

*In millions

Then you can see the evolution of Hyundai Steel dividend stock, and compare it with the average of Korea stocks and that of the Industrial Metals and Mining stocks.

Hyundai Steel Stock performance

Finally, last moth Hyundai Steel showed a return of 0.10% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 10.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Korea and Industrial Metals and Mining firms.