Korea Zinc Dividend yield

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 stock dividend

Korea Zinc paid a total dividend of 599,726 million KRW last year, for a market value of 10,540,000 millions (Market Cap 5,360,524 millions). Korea Zinc dividend per share is 29,986.30 KRW, and his stock market price 527,000.00 KRW.

According to the chart below, where dividend yield is displayed, Korea Zinc has a dividend yield of 5.69%, which is higher than the amount offered by both the market average and companies from Korea. It is also bigger than average of Basic Materials 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 Zinc stocks dividend with other Industrial Metals and Mining companies or other of the highest Korea dividend stocks list.

Korea Zinc Dividend Payout

About the ability of Korea Zinc to maintain his current dividend of KRW 29986.30 per share, an amount that accounts for 5.69%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Korea Zinc payout on ernings is currently 75.68%, which is higher than the market average, and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures show that Korea Zinc 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 Korea Zinc is KRW 39,624.06 per share, which is higher than the dividend per share paid by the company of KRW 29,986.30, 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 Dividend History

Below you will find a table with the historical evolution of Korea Zinc'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	5.69%	29,986.30	75.68%	20
2022	3.55%	20,022.00	46.15%	19
2021	2.94%	15,023.40	46.45%	18
2020	3.49%	14,012.35	39.09%	18
2019	2.59%	11,007.50	36.78%	18
2018	2.31%	9,990.75	28.18%	18
2017	1.72%	8,479.60	25.28%	18
2016	1.80%	8,496.00	29.52%	18
2015	1.43%	6,506.50	22.88%	18

*In millions

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

Korea Zinc Stock performance

Finally, last moth Korea Zinc showed a return of 6.70% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -21.60% 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.