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Samick Musical Instruments Co (XKRX:002450) Dividend Yield % : 3.82% (As of May. 16, 2024)


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What is Samick Musical Instruments Co Dividend Yield %?

As of today (2024-05-16), the Trailing Annual Dividend Yield of Samick Musical Instruments Co is 3.82%.

The historical rank and industry rank for Samick Musical Instruments Co's Dividend Yield % or its related term are showing as below:

XKRX:002450' s Dividend Yield % Range Over the Past 10 Years
Min: 0.96   Med: 2.63   Max: 4.86
Current: 3.82

During the past 13 years, the highest Dividend Yield of Samick Musical Instruments Co was 4.86%. The lowest was 0.96%. And the median was 2.63%.

XKRX:002450's Dividend Yield % is ranked better than
73.82% of 1360 companies
in the Hardware industry
Industry Median: 2.25 vs XKRX:002450: 3.82

Samick Musical Instruments Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Samick Musical Instruments Co Ltd is 2.00, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Samick Musical Instruments Co was 2.00. The lowest was 0.22. And the median was 0.42.

As of today (2024-05-16), the Forward Dividend Yield % of Samick Musical Instruments Co is 3.82%.

Samick Musical Instruments Co's Dividends per Share for the three months ended in Dec. 2023 was ₩50.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Samick Musical Instruments Co was 18.60% per year. The lowest was 18.60% per year. And the median was 18.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Samick Musical Instruments Co Dividend Yield % Historical Data

The historical data trend for Samick Musical Instruments Co's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Samick Musical Instruments Co Dividend Yield % Chart

Samick Musical Instruments Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.70 3.42 2.74 3.89 4.59

Samick Musical Instruments Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.89 4.05 4.16 4.55 4.59

Competitive Comparison of Samick Musical Instruments Co's Dividend Yield %

For the Electronic Components subindustry, Samick Musical Instruments Co's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Samick Musical Instruments Co's Dividend Yield % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Samick Musical Instruments Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Samick Musical Instruments Co's Dividend Yield % falls into.



Samick Musical Instruments Co Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Samick Musical Instruments Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
KRW 50.0000002023-12-272023-12-312024-04-23Cash DividendannuallyKRW:KRW 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Samick Musical Instruments Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=50/1308.00
=3.82 %

Current Share Price is ₩1308.00.
Samick Musical Instruments Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₩50.

Samick Musical Instruments Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=50/1308.00
=3.82 %

Current Share Price is ₩1308.00.
Samick Musical Instruments Co's Dividends per Share for the forward twelve months is calculated as ₩50 * 1 = ₩50.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Samick Musical Instruments Co  (XKRX:002450) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Samick Musical Instruments Co Dividend Yield % Related Terms

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Samick Musical Instruments Co (XKRX:002450) Business Description

Traded in Other Exchanges
N/A
Address
1-6, Daejang-Ri, Soi-myeon, Eumseong-gun, Chungcheongbuk-do, KOR, 369-872
Samick Musical Instruments Co Ltd manufactures and sells musical instruments in South Korea. The company offers upright, grand, and digital pianos; and acoustic and electric guitars. It also provides other music instruments, including strings, such as violins, guitar and bass amplifiers, and cellos; wind instruments comprising amplifiers, flutes, trumpets, saxophones, clarinets, ocarinas, and harmonicas; percussion products covering drums; music stands; tuners; musical instruments for kids; metronomes; and P.A systems.

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