Korea Exchange Announces Interim Dividend of 3,000 Won per Share... First Time Since Establishment
Purpose of Enhancing Shareholder Returns
The Korea Exchange announced that it has decided to pay an interim dividend of 3,000 KRW per share to enhance shareholder returns.
This interim dividend is the first since the exchange was established on January 27, 2005, with a total dividend amount of 57.7 billion KRW.
At the board meeting on the 10th, the exchange stated, "As the exchange that oversees the corporate value-up program, we expect to contribute to establishing a shareholder-friendly corporate culture by taking the lead in shareholder returns," adding, "We plan to continue a shareholder-friendly dividend policy and actively support more companies to participate in the value-up program."
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The total annual dividends paid by the exchange increased sharply by 118%, from 49.7 billion KRW in 2019 to 108.2 billion KRW last year. Accordingly, the exchange plans to further strengthen shareholder returns by implementing an additional interim dividend.
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