KT Decides on 600 Won Dividend per Share... 'Dividend First, Investment Later' System Applied to Quarterly Dividend for the First Time
KT announced on July 15 that it has decided to pay a quarterly cash dividend of 600 won per common share for the second quarter of this year. The record date for the dividend is July 30, and the payment is scheduled for August 14.
Starting this quarter, KT has introduced a 'dividend first, investment later' system, allowing investors to confirm both the existence and amount of the dividend in advance before making investment decisions. Previously, this system was only applied to year-end dividends, but with improvements to the dividend process, it has been applied to quarterly dividends for the first time.
As a result, KT explained that investors can now make investment decisions after confirming the size of the dividend in advance.
Since last year, KT has been operating an 'online dividend inquiry service.' KT shareholders can check their second-quarter dividend details by accessing the KT corporate website via PC or mobile device and completing the identity verification process starting from August 8.
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Jang Min, Executive Vice President and Head of Finance at KT, stated, "Through a transparent and predictable dividend policy, we will pursue both sustainable management and enhanced shareholder value," adding, "We will continue to strengthen trust with the market through proactive shareholder return policies."
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