KT Declares 500 Won Cash Dividend Per Share for Q2... "Enhancing Shareholder Value"

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KT announced on the 16th that it has decided on a cash dividend of 500 KRW per share for the second quarter.

The total dividend amount is 122.9 billion KRW, with a dividend yield (dividend-to-stock price ratio) of 1.4%. The record date is June 30, and the payment date is scheduled for the 30th of this month.

Shareholders can check their dividends on the KT website via PC and mobile starting from today.

Jang Min, KT’s Chief Financial Officer, stated, "KT is transforming into an AICT (Artificial Intelligence and Information and Communication Technology) company and will do its best to enhance shareholder value and corporate value."

In October last year, KT announced a mid-term shareholder return policy guaranteeing a minimum annual dividend of 1,960 KRW for three years (fiscal years 2023?2025), along with share buybacks and cancellations. In May this year, KT canceled treasury shares worth 178.9 billion KRW, approximately 2% of the total issued shares.

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