Kangwon Land Dividend yield

Kangwon Land is part of Travel and Leisure business, which is part of Consumer Services industry. Kangwon Land is a company from Korea, and his stocks are publicly traded.

Kangwon Land stock dividend

Kangwon Land paid a total dividend of 71,158 million KRW last year, for a market value of 3,148,530 millions (Market Cap 1,640,791 millions). Kangwon Land dividend per share is 350.53 KRW, and his stock market price 15,510.00 KRW.

According to the chart below, where dividend yield is displayed, Kangwon Land has a dividend yield of 2.26%, which is lower than the amount offered by the market average , but bigger than Consumer Services industry. Dividend yields are similar among companies from the same industry, so it is a positive sign for the company.

In addition, you should compare Kangwon Land stocks dividend with other Travel and Leisure companies or other of the highest Korea dividend stocks list.

Kangwon Land Dividend Payout

About the ability of Kangwon Land to maintain his current dividend of KRW 350.53 per share, an amount that accounts for 2.26%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Kangwon Land payout on ernings is currently 61.02%, which is higher than the market average, and companies of Consumer Services industry, which are 39.34% and 31.45% respectively. Both figures show that Kangwon Land can have problems to keep with his present dividend yield.

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 Kangwon Land is KRW 2,068.00 per share, which is higher than the dividend per share paid by the company of KRW 350.53, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Kangwon Land, compared againt world market average, Korea companies, Consumer Services industry and Travel and Leisure sector companies.

Kangwon Land Dividend History

Below you will find a table with the historical evolution of Kangwon Land'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	2.26%	350.53	61.02%	203
2022	0.00%	0.00	0.00%	203
2021	0.00%	0.00	0.00%	203
2020	3.83%	900.05	54.39%	203
2019	3.04%	899.84	61.41%	203
2018	3.09%	988.80	45.73%	203
2017	2.84%	988.32	44.02%	203
2016	2.75%	980.38	44.83%	203
2015	2.23%	851.86	47.95%	203

*In millions

Then you can see the evolution of Kangwon Land dividend stock, and compare it with the average of Korea stocks and that of the Travel and Leisure stocks.

Kangwon Land Stock performance

Finally, last moth Kangwon Land showed a return of -0.60% compared to a worldwide -2.49% average, and a -3.06% of Consumer Services firms. Over the last year, the company obtained a -41.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Korea and Travel and Leisure firms.