08-31-2023
| KRW/share | |
| Price | 5,500.00 |
| Dividend | 360.25 |
| Earnings | 273.63 |
| Cash-flow | 371.62 |
| Book value | 3,235.29 |
| Equity | 3,219.18 |
SsangYong Cement Ind is part of Construction and Materials business, which is part of Industrials industry. SsangYong Cement Ind is a company from Korea, and his stocks are publicly traded.
SsangYong Cement Ind stock dividend
SsangYong Cement Ind paid a total dividend of 180,846 million KRW last year, for a market value of 2,761,000 millions (Market Cap 601,106 millions). SsangYong Cement Ind dividend per share is 360.25 KRW, and his stock market price 5,500.00 KRW.
According to the chart below, where dividend yield is displayed, SsangYong Cement Ind has a dividend yield of 6.55%, which is higher than the amount offered by both the market average and companies from Korea. It is also bigger than average of Industrials 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 SsangYong Cement Ind stocks dividend with other Construction and Materials companies or other of the high Korea dividend stocks list.
SsangYong Cement Ind Dividend Payout
About the ability of SsangYong Cement Ind to maintain his current dividend of KRW 360.25 per share, an amount that accounts for 6.55%, we should study its payout ratio both on earnings and on cash-flows (see chart below). SsangYong Cement Ind payout on ernings is currently 131.66%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that SsangYong Cement Ind 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 SsangYong Cement Ind is KRW 371.62 per share, which is higher than the dividend per share paid by the company of KRW 360.25, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of SsangYong Cement Ind, compared againt world market average, Korea companies, Industrials industry and Construction and Materials sector companies.
SsangYong Cement Ind Dividend History
Below you will find a table with the historical evolution of SsangYong Cement Ind'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 | 6.55% | 360.25 | 131.66% | 502 |
| 2022 | 7.64% | 440.06 | 114.60% | 502 |
| 2021 | 5.71% | 440.24 | 149.60% | 502 |
| 2020 | 1.65% | 110.22 | 39.60% | 504 |
| 2019 | 7.23% | 409.94 | 134.48% | 504 |
*In millions
SsangYong Cement Ind Stock performance
Finally, last moth SsangYong Cement Ind showed a return of 4.00% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -19.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Korea and Construction and Materials firms.
