LG Chemical Dividend yield

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

LG Chemical stock dividend

LG Chemical paid a total dividend of 711,960 million KRW last year, for a market value of 41,393,000 millions (Market Cap 27,434,095 millions). LG Chemical dividend per share is 10,027.60 KRW, and his stock market price 583,000.00 KRW.

According to the chart below, where dividend yield is displayed, LG Chemical has a dividend yield of 1.72%, 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 Chemical stocks dividend with other Chemicals companies or other of the best Korea dividend stocks list.

LG Chemical Dividend Payout

About the ability of LG Chemical to maintain his current dividend of KRW 10027.60 per share, an amount that accounts for 1.72%, we should study its payout ratio both on earnings and on cash-flows (see chart below). LG Chemical payout on ernings is currently 36.81%, 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 Chemicalcan 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 Chemical is KRW 7,278.40 per share, which is lower than the dividend per share paid by the company of KRW 10,027.60, 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 Chemical, compared againt world market average, Korea companies, Basic Materials industry and Chemicals sector companies.

LG Chemical Dividend History

Below you will find a table with the historical evolution of LG Chemical'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	1.72%	10,027.60	36.81%	71
2022	2.00%	12,000.00	24.20%	70
2021	1.63%	10,024.50	113.29%	70
2020	0.24%	1,977.60	0.00%	69
2019	1.89%	6,000.75	29.30%	69
2018	1.73%	6,003.10	22.66%	69
2017	1.23%	4,981.50	28.66%	69
2016	1.99%	4,507.35	25.07%	66
2015	1.26%	4,006.80	32.76%	66

*In millions

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

LG Chemical Stock performance

Finally, last moth LG Chemical showed a return of -10.00% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -7.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Korea and Chemicals firms.