[Concall] SK Hynix "Dividend Payment Policy Changed Reflecting Return Predictability and Earnings Volatility"

[Asia Economy Reporter Ki-min Lee] SK Hynix stated in the conference call for the fourth quarter results of last year held on the 31st, "The market conditions worsened sharply last year, reducing profits by 80%, and surplus profits plummeted, necessitating consideration of changes in the dividend payment method." They added, "After contemplating how to increase predictability of shareholder returns while reflecting performance volatility, we decided to pay a fixed dividend of 1,000 KRW per share and an additional 5% of free cash flow as a new method, which will be operated from the 2020 fiscal year through the 2021 fiscal year and then reviewed again."

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