dividends Archives | Be Korea-savvy
Mercedes-Benz Distributes Largest Shareholder Dividends in S. Korea

Mercedes-Benz Distributes Largest Shareholder Dividends in S. Korea

SEOUL, April 6 (Korea Bizwire) — Mercedes-Benz disbursed the largest dividends to shareholders after dominating the South Korean imported car market last year. Mercedes-Benz Korea and Mercedes-Benz Financial Services Korea reported dividends of 138 billion won (US$112 million) for 2019, up by 32.4 percent from 2018. Mercedes-Benz sold 78,133 cars last year, up 10.4 percent [...]

Big Firms Sharply Cut Performance Pay, Dividends on Dismal Earnings

Big Firms Sharply Cut Performance Pay, Dividends on Dismal Earnings

SEOUL, Feb. 5 (Korea Bizwire) — Major South Korean companies sharply cut payments of performance-based pay and dividends for 2019 due to abysmal earnings, industry sources said Wednesday. Top-cap Samsung Electronics Co. recently decided to lower the maximum amount of performance pay for workers at its semiconductor division to 29 percent of their annual salary [...]

Dividend Payouts to Foreigners Soar 20 pct This Year

Dividend Payouts to Foreigners Soar 20 pct This Year

SEOUL, Nov. 16 (Korea Bizwire) –South Korean listed firms’ dividend payouts to foreign investors jumped more than 20 percent in the first nine months of the year due mainly to increased earnings, central bank data showed Thursday. Local listed companies paid foreign investors US$14.09 billion in dividends in the January-September period, up 20.5 percent from [...]

State Pension Fund to Receive over 1 Tln Won in Stock Dividends from Conglomerates

State Pension Fund to Receive over 1 Tln Won in Stock Dividends from Conglomerates

SEOUL, Feb. 14 (Korea Bizwire) – South Korea’s state pension fund is expected to receive over 1 trillion won (US$869 million) in stock dividends from the country’s top 30 conglomerates, sharply up 20 percent from last year’s tally, industry data showed Tuesday.  Industry tracker CEO Score analyzed dividend payments planned by the conglomerates-affiliated 97 companies [...]