Samsung Electronics' Q3 dividend jumps 12-fold, totals to $22.5 bil.

Korea Times News ·
Business Corporate South Korea
South Korea

Samsung Electronics will pay out 30 trillion won ($22.5 billion) in dividends for the third quarter, increasing its dividend per share more than 12-fold, in a move to address the mismatch between its sluggish share price and record-breaking earnings performance. During a board meeting on Thursday, Samsung Electronics approved a quarterly dividend of 4,601 won per share for both common and…

Read original article on Korea Times News →

Related news