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Bank Holding Firms’ 2021 Dividends Expected to Hit New High on Bumper Profits

Bank Holding Firms’ 2021 Dividends Expected to Hit New High on Bumper Profits

SEOUL, Dec. 20 (Korea Bizwire) — Dividends by South Korea’s four major financial holding firms are expected to hit an all-time high in 2021 as they have decided to return more of their bumper profits to shareholders, sources said Monday. The combined dividend payout of the four is likely to reach around 3.83 trillion won [...]

HDBank to Pay 25 pct Dividend in Shares, Moody’s Raises Credit Rating for the Bank to Positive Outlook

HDBank to Pay 25 pct Dividend in Shares, Moody’s Raises Credit Rating for the Bank to Positive Outlook

HO CHI MINH CITY, VIETNAM, June 8 (Korea Bizwire) – The Ho Chi Minh City Development Joint Stock Commercial Bank (HoSE: HDBank) has announced plans to increase its charter capital to more than VND20.273 trillion (US$879.48 million) by paying dividends for 2020 in shares and an employee stock option plan. According to information published by [...]