SEOUL, June 15 (Korea Bizwire) – Dividend payments to the owners of South Korea’s top 10 conglomerates were tallied at 1.46 trillion won (US$1.24 billion) for the past five years, despite their firms’ sluggish earnings, data showed Wednesday. Samsung Electronics Co. Chairman Lee Kun-hee, South Korea’s richest man, topped the list with a total of [...]
TORONTO, ONTARIO, Dec. 1 (Korea Bizwire) – Bank of Montreal (TSX: BMO)(NYSE: BMO) today announced that the Board of Directors declared a quarterly dividend of $0.84 per share on paid-up common shares of Bank of Montreal for the first quarter of fiscal year 2016, a 2 cent increase from the previous quarter. The Board of [...]
TORONTO, ONTARIO, August 25 (Korea Bizwire) – Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that the Board of Directors declared a quarterly dividend of $0.82 per share on paid-up common shares of Bank of Montreal for the fourth quarter of fiscal year 2015, unchanged from the previous quarter. The Board of Directors also [...]
TORONTO, ONTARIO, Feb. 24 (Korea Bizwire) – Bank of Montreal (TSX: BMO)(NYSE: BMO) today announced that the Board of Directors declared a quarterly dividend of $0.80 per share on paid-up common shares of Bank of Montreal for the second quarter of fiscal year 2015, unchanged from the previous quarter. The Board of Directors also declared [...]
Financial Results Highlights: First Quarter 2015 Compared with First Quarter 2014: - Net income of $1.0 billion, down 6%; adjusted net income(1) of $1,041 million, down 4% - EPS(2) of $1.46, down 8%; adjusted EPS(1,2) of $1.53, down 5% - ROE of 11.8%, compared with 14.2%; adjusted ROE(1) of 12.3%, compared with 14.5% - Provisions [...]
SEOUL, Feb. 22 (Korea Bizwire) – Foreign investors and owner families of South Korean business groups took away a dividend windfall as local firms jacked up dividend payouts under growing pressure to share more of their earnings with investors, data showed on Sunday. According to the data compiled by conglomerate tracker Chaebul.com, the [...]
SEOUL, Jan. 26 (Korea Bizwire) – South Korean companies are set to increase dividend payouts for 2014 under growing government pressure to return more to shareholders, data showed Monday. Among the 18 listed companies that have announced their dividend plans as of Friday, 15 said they would deliver more to shareholders with their 2014 dividends [...]
TORONTO, ONTARIO, Jan. 22 (Korea Bizwire) — Bank of Montreal (TSX:BMO)(NYSE:BMO) today announced its intention to redeem all of its $400,000,000 Non-Cumulative 5-Year Rate Reset Class B Preferred Shares Series 23 (“Preferred Shares Series 23″) on February 25, 2015. The Preferred Shares Series 23 are redeemable at Bank of Montreal’s option on February 25, 2015, [...]
SEOUL, Jan. 22 (Korea Bizwire) — Hyundai Motor Co., South Korea’s largest automaker, said Thursday it will increase its dividend payouts by more than 50 percent this year as part of efforts to enhance shareholder value, a move that comes despite its lackluster earnings results and cloudy business outlook going forward. Under the plan made [...]
TORONTO, ONTARIO, Dec. 2 (Korea Bizwire) - Bank of Montreal (TSX:BMO)(NYSE:BMO) today announced that the Board of Directors declared a quarterly dividend of $0.80 per share on paid-up common shares of Bank of Montreal for the first quarter of fiscal year 2015, a 2 cent increase from the previous quarter. The Board of Directors also declared [...]