Lotte Chemical Dividend yield

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

Lotte Chemical stock dividend

Lotte Chemical paid a total dividend of 150,369 million KRW last year, for a market value of 5,873,800 millions (Market Cap 2,479,552 millions). Lotte Chemical dividend per share is 3,496.96 KRW, and his stock market price 136,600.00 KRW.

According to the chart below, where dividend yield is displayed, Lotte Chemical has a dividend yield of 2.56%, 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 Lotte Chemical stocks dividend with other Chemicals companies or other of the best Korea dividend stocks list.

Lotte Chemical Dividend Payout

About the ability of Lotte Chemical to maintain his current dividend of KRW 3496.96 per share, an amount that accounts for 2.56%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Lotte Chemical payout on ernings is currently 92.16%, 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 Lotte Chemical 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 Lotte Chemical is KRW 0.00 per share, which is lower than the dividend per share paid by the company of KRW 3,496.96, 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 Lotte Chemical, compared againt world market average, Korea companies, Basic Materials industry and Chemicals sector companies.

Lotte Chemical Dividend History

Below you will find a table with the historical evolution of Lotte 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	2.56%	3,496.96	92.16%	43
2022	3.87%	6,907.95	19.74%	41
2021	1.66%	3,602.20	49.80%	34
2020	2.43%	6,706.80	28.43%	34
2019	4.69%	10,505.60	21.57%	34
2018	3.79%	10,498.30	15.54%	34
2017	1.09%	4,011.20	7.19%	34
2016	0.78%	2,507.70	8.50%	34
2015	0.42%	1,010.10	22.93%	34

*In millions

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

Lotte Chemical Stock performance

Finally, last moth Lotte Chemical showed a return of -9.30% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -18.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Korea and Chemicals firms.