Uniqlo's Korean operations declared dividends outstripping its own profits for the second consecutive year, with half of them going to Lotte Shopping.
Large Korean companies are making moves that are potentially shareholder friendly, canceling treasury shares and raising dividends.
Dividend payouts by firms listed on Korea's main stock market sank more than 14 percent in 2021 despite a solid rise in their share prices, data showed Tuesday.
SK Inc. said Wednesday it is paying out 447.6 billion won ($373.9 million) in dividends for the fiscal 2021 in an effort to promote shareholder value.
Dividends by 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.
Dividend payouts by listed firms in Korea dropped in March from a year ago amid coronavirus uncertainties, with the upcoming June interim payouts also expected to decline, data showed Sunday.
Korea JoongAng Daily Sitemap