LG Chem Pfd. Dividend yield




   KRW/share 
 Price  341,500.00
 Dividend  10,040.10
 Earnings  27,320.00
 Cash-flow  7,281.45
 Book value  426,875.00
 Equity  341,500.00

LG Chem Pfd. is part of Chemicals business, which is part of Basic Materials industry. LG Chem Pfd. is a company from Korea, and his stocks are publicly traded.

LG Chem Pfd. stock dividend

LG Chem Pfd. paid a total dividend of 80,321 million KRW last year, for a market value of 2,732,000 millions (Market Cap 2,623,662 millions). LG Chem Pfd. dividend per share is 10,040.10 KRW, and his stock market price 341,500.00 KRW.

According to the chart below, where dividend yield is displayed, LG Chem Pfd. has a dividend yield of 2.94%, lower than the amount offered by both the market average and companies from Korea. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare LG Chem Pfd. stocks dividend with other Chemicals companies or other of the best Korea dividend stocks list.

Dividend yield of LG Chem Pfd.

LG Chem Pfd. Dividend Payout

About the ability of LG Chem Pfd. to maintain his current dividend of KRW 10040.10 per share, an amount that accounts for 2.94%, we should study its payout ratio both on earnings and on cash-flows (see chart below). LG Chem Pfd. payout on ernings is currently 36.75%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that LG Chem Pfd.can 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 LG Chem Pfd. is KRW 7,281.45 per share, which is lower than the dividend per share paid by the company of KRW 10,040.10, 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 LG Chem Pfd., compared againt world market average, Korea companies, Basic Materials industry and Chemicals sector companies.

LG Chem Pfd. payout

LG Chem Pfd. Dividend History

Below you will find a table with the historical evolution of LG Chem Pfd.'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* 
Present2.94%10,040.1036.75%8
20224.34%12,043.5023.00%8
20213.50%10,045.00107.10%8
20200.54%2,060.1033.86%8
20193.50%6,055.0028.35%8
20183.09%6,040.9521.94%8
20172.03%5,054.7028.01%8
20162.77%4,556.6536.84%8
20151.80%4,041.0048.24%8

*In millions

Then you can see the evolution of LG Chem Pfd. dividend stock, and compare it with the average of Korea stocks and that of the Chemicals stocks.

LG Chem Pfd. stock dividend history

LG Chem Pfd. Stock performance

Finally, last moth LG Chem Pfd. showed a return of -13.00% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 13.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Korea and Chemicals firms.

LG Chem Pfd. stock and market return