SEOUL, April 6 (Korea Bizwire) — Major firms in South Korea are slated to pay out more than 5 trillion won (US$4.04 billion) in dividends to foreign investors in April, data showed Monday, raising concerns over a possible deficit in the country’s current account balance. South Korea’s top 20 firms in terms of dividend payouts [...]
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 [...]
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 [...]
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 [...]
SEOUL, March 21 (Korea Bizwire) – South Korean listed companies’ dividend payouts hit a fresh high in 2016 as large caps increased payments to meet stockholders’ demand, data showed Tuesday. According to the data by the Korea Exchange (KRX), 517 out of the 746 companies listed on the main KOSPI market paid out a combined [...]
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 [...]
SEOUL, March 8 (Korea Bizwire) — The amount of dividends to be paid to the heads of South Korea’s top 10 business groups will reach an all-time high for the 2014 fiscal year, market data showed Sunday. According to the data provided by financial investment firms and Chaebul.com, a website that tracks the country’s conglomerates, [...]