Mirae Asset Daewoo Dividend yield

 Price  6,660.00
 Dividend  199.80
 Earnings  1,110.00
 Cash-flow  4,440.00
 Book value  16,650.00
 Equity  16,086.96

Mirae Asset Daewoo is part of Financial Services business, which is part of Financials industry. Mirae Asset Daewoo is a company from Korea, and his stocks are publicly traded.

Mirae Asset Daewoo stock dividend

Mirae Asset Daewoo paid a total dividend of 91,708 million KRW last year, for a market value of 3,056,940 millions (Market Cap 1,703,214 millions). Mirae Asset Daewoo dividend per share is 199.80 KRW, and his stock market price 6,660.00 KRW.

According to the chart below, where dividend yield is displayed, Mirae Asset Daewoo has a dividend yield of 3.00%, 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 Mirae Asset Daewoo stocks dividend with other Financial Services companies or other of the high Korea dividend stocks list.

Dividend yield of Mirae Asset Daewoo

Mirae Asset Daewoo Dividend Payout

About the ability of Mirae Asset Daewoo to maintain his current dividend of KRW 199.80 per share, an amount that accounts for 3.00%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Mirae Asset Daewoo payout on ernings is currently 18.00%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that Mirae Asset Daewoocan 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 Mirae Asset Daewoo is KRW 4,440.00 per share, which is higher than the dividend per share paid by the company of KRW 199.80, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Mirae Asset Daewoo, compared againt world market average, Korea companies, Financials industry and Financial Services sector companies.

Mirae Asset Daewoo payout

Daewoo Securities Dividend History

Below you will find a table with the historical evolution of Daewoo Securities'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* 

*In millions

Then you can see the evolution of Mirae Asset Daewoo dividend stock, and compare it with the average of Korea stocks and that of the Financial Services stocks.

Mirae Asset Daewoo stock dividend history

Mirae Asset Daewoo Stock performance

Finally, last moth Mirae Asset Daewoo showed a return of -3.90% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 1.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Korea and Financial Services firms.

Mirae Asset Daewoo stock and market return