01-31-2023
| KRW/share | |
| Price | 42,950.00 |
| Dividend | 210.46 |
| Earnings | 4,521.05 |
| Cash-flow | -15,339.29 |
| Book value | 17,895.83 |
| Equity | 17,190.30 |
Meritz Finance Holdi is part of Nonlife Insurance business, which is part of Financials industry. Meritz Finance Holdi is a company from Korea, and his stocks are publicly traded.
Meritz Finance Holdi stock dividend
Meritz Finance Holdi paid a total dividend of 39,356 million KRW last year, for a market value of 8,031,650 millions (Market Cap 3,846,332 millions). Meritz Finance Holdi dividend per share is 210.46 KRW, and his stock market price 42,950.00 KRW.
According to the chart below, where dividend yield is displayed, Meritz Finance Holdi has a dividend yield of 0.49%, lower than the amount offered by both the market average and companies from Korea. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
In addition, you should compare Meritz Finance Holdi stocks dividend with other Nonlife Insurance companies or other of the high Korea dividend stocks list.
Meritz Finance Holdi Dividend Payout
About the ability of Meritz Finance Holdi to maintain his current dividend of KRW 210.46 per share, an amount that accounts for 0.49%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Meritz Finance Holdi payout on ernings is currently 4.66%, which is lower than the market average and companies of Financials industry, which are 41.20% and 45.83% respectively. Both figures lead us to believe that there is confidence that Meritz Finance Holdican 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 Meritz Finance Holdi is KRW -15,339.29 per share, which is lower than the dividend per share paid by the company of KRW 210.46, 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 Meritz Finance Holdi, compared againt world market average, Korea companies, Financials industry and Nonlife Insurance sector companies.
Meritz Finance Holdi Dividend History
Below you will find a table with the historical evolution of Meritz Finance Holdi'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 | 0.49% | 210.46 | 4.66% | 187 |
| 2022 | 0.49% | 209.23 | 3.04% | 123 |
*In millions
Meritz Finance Holdi Stock performance
Finally, last moth Meritz Finance Holdi showed a return of 0.60% compared to a worldwide 5.46% average, and a 5.37% of Financials firms. Over the last year, the company obtained a -1.30% versus a worldwide performance of a -0.05%. More detailed information can be seen in the following graph for Korea and Nonlife Insurance firms.
