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Philips Announces Exchange Ratio for 2020 Dividend

Philips Announces Exchange Ratio for 2020 Dividend

Amsterdam, the Netherlands, June 8 (Korea Bizwire) – Royal Philips (NYSE: PHG; AEX: PHIA) today announced that the exchange ratio for the dividend in shares for the year 2020 has been determined. The exchange ratio is 1 new common share for every 53.9278 existing common shares. This ratio was based on the volume weighted average price on [...]

Philips’ General Meeting of Shareholders Approves Dividend Proposal

Philips’ General Meeting of Shareholders Approves Dividend Proposal

Amsterdam, the Netherlands, June 26 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA) announced that today’s Extraordinary General Meeting of Shareholders (EGM) approved the proposal to declare a distribution of EUR 0.85 per common share against the net income for 2019, in shares only. The dividend timetable is as follows: Ex-dividend date June 30, 2020 Dividend [...]

Listed Firms’ Interim Dividend Payouts Slightly Up in 2019

Listed Firms’ Interim Dividend Payouts Slightly Up in 2019

SEOUL, Dec. 15 (Korea Bizwire) — Interim or quarterly dividend payments by South Korea’s listed firms grew slightly from a year earlier this year largely helped by massive payouts by market kingpin Samsung Electronics, data showed Sunday. As of last week, 58 listed companies have paid a combined 9.32 trillion won (US$7.95 billion) in interim [...]