Hansol Holdings Decides on Cash Dividend of 120 Won per Share

[Asia Economy Reporter Kim Jong-hwa] Hansol Holdings announced on the 14th that it has decided to pay a cash dividend of 120 KRW per common share. The dividend yield is 3.4% for common shares, and the total dividend amount is 5.04 billion KRW.

Hansol Holdings held a board meeting on the 14th and finalized this decision. According to the shareholder return policy announced in June 2019, Hansol Holdings utilizes 30-40% of the annual free cash flow (on a separate basis) within the range of distributable profits as resources for the shareholder return policy, which includes cash dividends and share repurchases and cancellations.

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