Hanyang Securities Holds Annual General Meeting...Finalizes 1,600 Won Dividend per Common Share

On March 26, Hanyang Securities announced that it held its 71st Annual General Meeting of Shareholders and approved all proposed agenda items as originally submitted, including a cash dividend and the appointment of an outside director.

Through this year-end dividend, Hanyang Securities finalized a cash dividend of 1,600 won per common share (a dividend yield of 6.9%) and 1,650 won per preferred share without voting rights (a dividend yield of 7.5%). The dividend per common share increased by 67.9% compared to the previous year, with a consolidated payout ratio of 37%.

As a result, Hanyang Securities now meets the requirements to be classified as a high-dividend company.

Sun-Nam Kang, CEO of Korea Humans, was newly appointed as an outside director. Director Kang will also serve as a member of the Audit Committee, with a two-year term.

In his address to the shareholders' meeting, CEO Byung-Chul Kim stated, "We will pursue diversification of our revenue structure, entry into new businesses, and advanced risk management as our core strategies to increase capital efficiency and reduce profit volatility. Our goal is to achieve 1 trillion won in equity within five years and grow into a strong, well-capitalized mid-sized securities company."

This content was produced with the assistance of AI translation services.