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Korea New Network (XKRX:058400) Dividend Yield % : 2.45% (As of Jan. 19, 2025)


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What is Korea New Network Dividend Yield %?

As of today (2025-01-19), the Trailing Annual Dividend Yield of Korea New Network is 2.45%.

Good Sign:

Korea New Network Corp stock dividend yield is close to 3-year high.

The historical rank and industry rank for Korea New Network's Dividend Yield % or its related term are showing as below:

XKRX:058400' s Dividend Yield % Range Over the Past 10 Years
Min: 0.6   Med: 2.15   Max: 3.61
Current: 2.45

During the past 13 years, the highest Dividend Yield of Korea New Network was 3.61%. The lowest was 0.60%. And the median was 2.15%.

XKRX:058400's Dividend Yield % is ranked worse than
56.11% of 401 companies
in the Media - Diversified industry
Industry Median: 2.92 vs XKRX:058400: 2.45

Korea New Network's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Korea New Network was 4.71. The lowest was 0.28. And the median was 0.35.

As of today (2025-01-19), the Forward Dividend Yield % of Korea New Network is 0.00%.

Korea New Network's Dividends per Share for the three months ended in Sep. 2024 was ₩0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -2.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -3.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Korea New Network was 10.10% per year. The lowest was -15.70% per year. And the median was -6.55% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Korea New Network Dividend Yield % Historical Data

The historical data trend for Korea New Network'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.

Korea New Network Dividend Yield % Chart

Korea New Network 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 1.65 0.60 1.44 2.25 1.67

Korea New Network Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.20 1.67 2.21 2.49 2.61

Competitive Comparison of Korea New Network's Dividend Yield %

For the Entertainment subindustry, Korea New Network'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.


Korea New Network's Dividend Yield % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Korea New Network's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Korea New Network's Dividend Yield % falls into.



Korea New Network Dividend Yield % Calculation

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


Korea New Network  (XKRX:058400) 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.


Korea New Network Dividend Yield % Related Terms

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Korea New Network Business Description

Traded in Other Exchanges
N/A
Address
30 KNN Tower, 30 Centumseo-ro, Haeundae-gu, Busan, KOR, 611-711
Korea New Network Corp is Korea's civil broadcasting company for Pusan and Kyungnam region of Korea. The company develops programs for the local community and provides information on various issues, and expands to satellite/digital broadcasting.

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