SEOUL, Sept. 12 (Korea Bizwire) — South Korean listed companies’ half-year dividends surged to a record high this year as their businesses posted strong performance, market data showed Sunday. A total of 62 local listed firms paid out 4.39 trillion won (US$3.75 billion) in interim dividends in June, up 66.9 percent from a year earlier, [...]
SEOUL, Sept. 7 (Korea Bizwire) — South Korean listed companies’ half-year dividends tumbled more than 20 percent this year on the fallout from the coronavirus pandemic, market data showed Monday. Local listed firms paid out 2.92 trillion won (US$2.46 billion) in interim dividends in June, down 21.3 percent from a year earlier, according to the [...]
SEOUL, Aug. 27 (Korea Bizwire) — Major dividend-paying firms in South Korea have decided not to pay interim dividends this year due to tumbling earnings amid the coronavirus pandemic, industry sources said Thursday. S-Oil Corp., a major oil refiner known for paying high dividends, has decided to skip interim dividends this summer because of worsening [...]