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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 [...]

CUHK Business School Research Reveals How Labour Power Shapes Corporate Payout Policy

CUHK Business School Research Reveals How Labour Power Shapes Corporate Payout Policy

HONG KONG, CHINA, Sept. 9 (Korea Bizwire) – Research shows work forces trying to limit dividends are most successful in nations with broader collective bargaining and effective labour law enforcement. Existing research shows that corporate payout policies are greatly influenced by the legal protection of shareholders and creditors. Yet in the past, less attention has [...]