08-31-2023
| KRW/share | |
| Price | 86,900.00 |
| Dividend | 1,199.22 |
| Earnings | 8,958.76 |
| Cash-flow | 8,121.50 |
| Book value | 79,000.00 |
| Equity | 79,988.93 |
KT&G is part of Tobacco business, which is part of Consumer Goods industry. KT&G is a company from Korea, and his stocks are publicly traded.
KT&G stock dividend
KT&G paid a total dividend of 139,110 million KRW last year, for a market value of 10,080,400 millions (Market Cap 8,914,051 millions). KT&G dividend per share is 1,199.22 KRW, and his stock market price 86,900.00 KRW.
According to the chart below, where dividend yield is displayed, KT&G has a dividend yield of 1.38%, 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 KT&G stocks dividend with other Tobacco companies or other of the highest Korea dividend stocks list.
KT&G Dividend Payout
About the ability of KT&G to maintain his current dividend of KRW 1199.22 per share, an amount that accounts for 1.38%, we should study its payout ratio both on earnings and on cash-flows (see chart below). KT&G payout on ernings is currently 13.39%, 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 KT&Gcan 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 KT&G is KRW 8,121.50 per share, which is higher than the dividend per share paid by the company of KRW 1,199.22, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of KT&G, compared againt world market average, Korea companies, Consumer Goods industry and Tobacco sector companies.
KT&G Dividend History
Below you will find a table with the historical evolution of KT&G'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 | 1.38% | 1,199.22 | 13.39% | 116 |
| 2022 | 5.25% | 4,803.75 | 58.28% | 120 |
| 2021 | 6.08% | 4,803.20 | 50.46% | 124 |
| 2020 | 5.29% | 4,395.99 | 53.43% | 127 |
| 2019 | 4.26% | 3,995.88 | 55.81% | 126 |
| 2018 | 3.94% | 3,999.10 | 43.34% | 126 |
| 2017 | 3.12% | 3,603.60 | 36.82% | 126 |
| 2016 | 3.24% | 3,402.00 | 40.82% | 126 |
| 2015 | 3.18% | 3,402.60 | 51.20% | 126 |
*In millions
Then you can see the evolution of KT&G dividend stock, and compare it with the average of Korea stocks and that of the Tobacco stocks.
KT&G Stock performance
Finally, last moth KT&G showed a return of 5.20% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a 4.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Korea and Tobacco firms.
