SEOUL, Dec. 22 (Korea Bizwire) — Dividend payouts by listed companies may shrink from a year earlier in 2019 due to a sharp drop in their earnings, market watchers here noted Sunday. The combined net profit of 235 listed firms that paid dividends last year is expected to plunge more than 29 percent to about [...]
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 [...]
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 [...]
Amsterdam, the Netherlands, Jun. 12 (Korea Bizwire) – Royal Philips (NYSE: PHG; AEX: PHIA) today announced that the exchange ratio for the dividend in shares for the year 2018 has been determined. The exchange ratio is 1 new common share for every 41.6233 existing common shares. This ratio was based on the volume weighted average [...]
STAMFORD, Conn., May 15 (Korea Bizwire) — The Navigators Group, Inc. (NASDAQ:NAVG) announced today that it has revised the record and payment dates for the previously announced second quarter dividend to more closely align these dates with past practice. A cash dividend of $0.07 per share of common stock will therefore be payable on June 24, 2019 to the [...]
STAMFORD, Conn., May 9 (Korea Bizwire) — The Navigators Group, Inc. (NASDAQ:NAVG) announced today that its Board of Directors declared a cash dividend of $0.07 per share of common stock for the second quarter of 2019. The dividend will be payable on June 4, 2019 to the Company’s stockholders of record at the close of business on May 20, 2019. [...]
SEOUL, Mar. 13 (Korea Bizwire) — The main advisor of South Korea’s national pension service sided with Hyundai Motor Co. and Hyundai Mobis Co. on Wednesday in the ongoing disputes with Elliott Management over dividend payments and appointments to the board of directors. The Korea Corporate Governance Service (KCGS) recommended that shareholders of the two [...]
NEW YORK, Jul. 25 (Korea Bizwire) — The Board of Directors of Nasdaq, Inc. (Nasdaq:NDAQ) has declared a regular quarterly dividend of $0.44 per share on the company’s outstanding common stock. The dividend is payable on September 28, 2018 to shareowners of record at the close of business on September 14, 2018. Future declarations of [...]
SEOUL, May 2 (Korea Bizwire) — The National Pension Service (NPS), a key player in the domestic stock market, included two firms on its blacklist for paying low dividends to shareholders. According to the NPS, a special committee held a meeting on Wednesday last week and voted to reveal that Namyang Dairy Products and Hyundai [...]
SEOUL, Apr. 25 (Korea Bizwire) — Nearly half of cash dividends from South Korean conglomerates last year went to foreign shareholders, with Samsung Electronics leading the pack, data from the financial regulator showed Wednesday. The top 30 listed firms in terms of market cap paid 17.39 trillion won (US$16.13 billion) in cash dividends in 2017, [...]