LG Electronics Decides on 850 KRW Cash Dividend per Share
On January 29, LG Electronics announced that it has decided to pay a cash dividend of 850 KRW per common share and 900 KRW per preferred share.
The dividend yield is 0.8% for common shares and 1.8% for preferred shares. The total dividend payout amounts to 15.39 billion KRW. The record date for the dividend is March 31.
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Last year, LG Electronics paid a total dividend of 1,350 KRW per common share and 1,400 KRW per preferred share. Of this amount, 500 KRW per share for both common and preferred shares was paid as an interim dividend in August of last year. As a result, the total dividend yield for last year was 1.3% for common shares and 2.7% for preferred shares.
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