"Dividends Twice a Year"... Dongwon Industries Announces Value-Up Plan
Considering Free Capital Increase or Stock Dividends to Expand Liquidity
"Expanding Investment in New Businesses, Communication Through Information Disclosure"
Dongwon Industrial, the holding company of Dongwon Group, announced a value enhancement (value-up) plan including a shareholder return policy on the 27th.
The core of this value-up plan is to expand shareholder returns through semi-annual dividends and strengthening dividend payout ratio, and to increase corporate value by discovering future growth engines and enhancing profitability.
First, Dongwon Industrial plans to pay cash dividends twice a year through semi-annual dividends starting next year, instead of once a year, and gradually increase the dividend payout ratio from 17.6% last year to 30%. In addition, to increase the low number of circulating shares, which has been pointed out as a cause of sluggish stock prices, the company will continuously carry out bonus issues or stock dividends. Through this, the goal is to raise the Total Shareholder Return (TSR) to around 40%.
Furthermore, the company aims to raise the Return On Equity (ROE), a profitability indicator, to over 15%. Dongwon Group is accelerating the securing of future growth engines based on its core businesses such as fisheries, food, materials, and logistics. It plans to actively foster mid- to long-term new businesses such as land-based salmon farming, secondary battery materials, and smart port logistics, while introducing AI across all business areas to improve productivity.
Along with this, the company set a goal to increase the Price Book-value Ratio (PBR) from around 0.44 times last year to over 1 time.
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A Dongwon Industrial official said, “We will actively invest in new businesses to enhance corporate value, and communicate actively with various stakeholders such as the capital market and shareholders based on transparent information disclosure.”
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