More Dividend Payments
Samsung Electronics, which is scheduled to announce its earnings on Jan. 29, is expected to increase its dividend payments by approximately 40 percent from a year earlier.
The company’s cash dividends for 2013 amounted to 2.16 trillion won (US$2.00 billion), equivalent to 14,300 won (US$13.25) per share. If the dividend rate is increased by 40 percent, the total dividend payments will exceed three trillion won and the amount per share will reach or exceed 20,000 won (US$18.50).
In the meantime, Hyundai Motor Company recently paid 817.3 billion won (US$757.1 million) in dividends, 54 percent up from the previous year. Kia Motors fixed on a total dividend payment of 404.1 billion won (US$374.2 million) by increasing the percentage by 43 percent year on year. The per-share dividends are 3,000 won (US$2.78) and 1,000 won (US$0.93), respectively.