Korea Gas Dividend yield




   KRW/share 
 Price  39,600.00
 Dividend  2,728.44
 Earnings  12,000.00
 Cash-flow  -24,750.00
 Book value  99,000.00
 Equity  93,023.26

Korea Gas is part of Gas Water and Multiutilities business, which is part of Utilities industry. Korea Gas is a company from Korea, and his stocks are publicly traded.

Korea Gas paid a total dividend of 234,646 million KRW last year, for a market value of 3,405,600 millions (Market Cap 1,019,624 millions). Dividend per share of Korea Gas is 2,728.44 KRW, and his stock market price 39,600.00 KRW.

According to the chart below, where dividend yield is displayed, Korea Gas has a dividend yield of 6.89%, which is higher than the amount offered by both the market average and companies from Korea. It is also bigger than average of Utilities 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 Korea Gas dividend yield with other Gas Water and Multiutilities companies or firms from Korea.

Dividend yield of Korea Gas

Korea Gas Dividend Payout

About the ability of Korea Gas to maintain his current dividend of KRW 2728.44 per share, an amount that accounts for 6.89%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Korea Gas payout on ernings is currently 22.74%, which is lower than the market average and companies of Utilities industry, which are 38.25% and 54.88% respectively. Both figures lead us to believe that there is confidence that Korea Gascan 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 Korea Gas is KRW -24,750.00 per share, which is lower than the dividend per share paid by the company of KRW 2,728.44, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Korea Gas, compared againt world market average, Korea companies, Utilities industry and Gas Water and Multiutilities sector companies.

Korea Gas payout

Korea Gas Dividend History

Year Yield  KRW  Paypout  Shares* 
Present6.89%2,728.4422.74%86
20210.00%0.000.00%86
20201.23%380.0726.69%86
20193.59%1,358.8220.10%88
20180.00%0.000.00%88
20170.40%170.20-2.60%88
20160.40%171.404.12%88
20150.70%268.454.90%88

*In millions

Korea Gas Stock performance

Finally, last moth Korea Gas showed a return of -3.50% compared to a worldwide 1.12% average, and a 2.24% of Utilities firms. Over the last year, the company obtained a 17.50% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for Korea and Gas Water and Multiutilities firms.

Korea Gas stock and market return