SEOUL, Feb. 17 (Korea Bizwire) — The South Korean Financial Supervisory Service (FSS) announced on February 16 that investors will now be able to confirm dividend amounts before investing in quarterly dividends, following recent regulatory changes. The amendment to the Capital Markets Act, which took effect this year, removed provisions that had fixed quarterly dividend record [...]
SEOUL, Jun. 18 (Korea Bizwire) — LG Electronics Inc. said Tuesday it will pay out 90 billion won (US$65.2 million) in dividends to its shareholders for the first half as part of plans to increase shareholder value. Shareholders will receive 500 won per share on June 30, according to the company in a filing. This [...]
Amsterdam, the Netherlands, June 7 (Korea Bizwire) – Royal Philips (NYSE: PHG; AEX: PHIA) today announced that the exchange ratio for the dividend in shares for the year 2021 has been determined. The exchange ratio is 1 new common share for every 27.3184 existing common shares. This ratio was based on the volume weighted average price on [...]
SEOUL, March 24 (Korea Bizwire) — South Korean technology giant Naver Corp. posted a sharp increase in net profits and marked an increase in the total amount of shareholder dividends last year, but its dividend propensity plunged to near all-time low. The company paid cash dividends of 76.3 billion won (US$62.5 million) in 2021, up [...]
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 [...]
SEOUL, March 29 (Korea Bizwire) — POSCO, the world’s fifth-largest steelmaker by output, said Monday it will receive about AU$169 million (US$129 million) from Australia’s Roy Hill Holdings next month in the third dividend in over a decade since its investment. The board of Roy Hill Holdings has decided to pay a quarterly record of [...]
SEOUL, Oct. 5 (Korea Bizwire) — Dividend income earned by South Koreans under the age of 18 has more than doubled over the past four years amid a trend of early gifts among rich people, government data showed Monday. Underage shareholders in the country posted a combined dividend income of around 265 billion won (US$227 [...]
Amsterdam, the Netherlands, July 6 (Korea Bizwire) – Royal Philips (NYSE: PHG; AEX: PHIA) today announced that the exchange ratio for the dividend for the year 2019 has been determined. The exchange ratio is 1 new common share for every 49.2971 existing common shares. This ratio was based on the volume weighted average price on Euronext Amsterdam [...]
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 [...]
SEOUL, June 14 (Korea Bizwire) — Dividend payouts by listed firms in South Korea dropped in March from a year ago amid coronavirus uncertainties, with the upcoming June interim payouts also expected to decline, data showed Sunday. A total of 18 listed companies paid a combined 2.68 trillion won (US$2.23 billion) to their shareholders for [...]