Korea Zinc Dividend yield




   KRW/share 
 Price  503,000.00
 Dividend  14,989.40
 Earnings  32,451.61
 Cash-flow  25,794.87
 Book value  386,923.08
 Equity  386,328.69

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

Korea Zinc paid a total dividend of 269,809 million KRW last year, for a market value of 9,054,000 millions (Market Cap 4,950,920 millions). Dividend per share of Korea Zinc is 14,989.40 KRW, and his stock market price 503,000.00 KRW.

According to the chart below, where dividend yield is displayed, Korea Zinc has a dividend yield of 2.98%, which is similar to the amount offered by both the market average and companies from Korea. However, it is lower than the average of Basic Materials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Korea Zinc dividend yield with other Industrial Metals and Mining companies or firms from Korea.

Dividend yield of Korea Zinc

Korea Zinc Dividend Payout

About the ability of Korea Zinc to maintain his current dividend of KRW 14989.40 per share, an amount that accounts for 2.98%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Korea Zinc payout on ernings is currently 46.19%, which is higher than the market average, but lower than companies of Basic Materials industry, which are 39.27% and 51.13% respectively. Both figures show that Korea Zinc should not have problems to continue paying his 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 Zinc is KRW 25,794.87 per share, which is higher than the dividend per share paid by the company of KRW 14,989.40, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Korea Zinc, compared againt world market average, Korea companies, Basic Materials industry and Industrial Metals and Mining sector companies.

Korea Zinc payout

Korea Zinc Dividend History

Year Yield  KRW  Paypout  Shares* 
Present2.98%14,989.4046.19%18
20203.49%14,012.3539.09%18
20192.59%11,007.5036.78%18
20182.31%9,990.7528.18%18
20171.72%8,479.6025.28%18
20161.80%8,496.0029.52%18
20151.43%6,506.5022.88%18

*In millions

Korea Zinc Stock performance

Finally, last moth Korea Zinc showed a return of -5.50% compared to a worldwide -1.34% average, and a -2.32% of Basic Materials firms. Over the last year, the company obtained a 33.60% versus a worldwide performance of a 31.65%. More detailed information can be seen in the following graph for Korea and Industrial Metals and Mining firms.

Korea Zinc stock and market return