Stock Information
Dividend Policy
Over the last decade, we have paid dividends more than 30% of consolidated net profit in average.
However, during FY2023-2025, we inevitably reduced the dividend payout ratio from 30% to 20% to focus investments on the battery business and our three 3 new growth drivers. We will consider raising the payout ratio once the returns from these investments start to materialize.
- Payout Ratio (%, based on the consolidated Net Profit)
- Dividends Per Share (KRW, DPS)
| Category | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Consolidated net profit is based on the controlling company's equity | 33.9% | 28.7% | 28.7% | 23.7% | 31.2% | 49.0% | 151.8% | 25.5% | 42.4% | 20.5% |
| Excluding one-off non-recurring gains such as the payment from the sale of the polarizer business from 2021 of net income attributable to ownership interest(3.7 tn Won), the consolidated payout ratio was 28.8% | 4,000 | 4,500 | 5,000 | 6,000 | 6,000 | 2,000 | 10,000 | 12,000 | 10,000 | 3,500 |
- Consolidated net profit is based on the controlling company's equity
- Excluding one-off non-recurring gains such as the payment from the sale of the polarizer business from 2021 of net income attributable to ownership interest(3.7 tn Won), the consolidated payout ratio was 28.8%
Mid-to-Long Term Shareholder Return
-
Current
As it is a concentrated investment phase to foster 3 Future Growth Drivers, anticipate a negative Cash Flow for the time being due to the time-lag on generating substantial returns
-
Future
Expansion in dividend amount in line with full-fledged return on investments
Once Cash Flow + and ROE 10% or more, dividend payout ratio of 30% to be reviewed
| Current | Future |
|---|---|
| Dividend Payout Ratio 20% | 30% |
- The above dividend Payout Ratio is based on the consolidated financial statements' net income attributable to excluding one-off non-recurring gains
Dividend Summary for Last 10 Fiscal Years
(Face Value Per Share: 5,000 Won, Unit : KRW bn)
| Division | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Consolidated Net income | -691 | 1338 | 1845 | 3670 | 513 | 313 | 1473 | 1945 | 1281 | 1153 | |
| Total dividends | 79 | 274 | 783 | 935 | 778 | 154 | 460 | 460 | 368 | 331 | |
| Dividend Payout Ratio (%) | 0 | 20.50 | 42.44 | 25.48 | 151.84 | 49.02 | 31.24 | 23.65 | 28.73 | 28.73 | |
| DPR at face (%) | Common | 20 | 70 | 200 | 240 | 200 | 40 | 120 | 120 | 100 | 90 |
| Preferred | 21 | 71 | 201 | 241 | 201 | 41 | 121 | 121 | 101 | 91 | |
| Dividend per share (won) | Common | 1,000 | 3,500 | 10,000 | 12,000 | 10,000 | 2,000 | 6,000 | 6,000 | 5,000 | 4,500 |
| Preferred | 1,050 | 3,550 | 10,050 | 12,050 | 10,050 | 2,050 | 6,050 | 6,050 | 5,050 | 4,550 | |
| Dividend Yield Ratio (%) | Common | 0.4 | 0.7 | 1.6 | 1.9 | 1.2 | 0.6 | 1.7 | 1.5 | 1.9 | 1.3 |
| Preferred | 0.7 | 1.1 | 3.4 | 4.0 | 2.7 | 1.2 | 3.1 | 2.5 | 2.8 | 1.8 | |
- Net Profit attributable to Owners of the Parent Company
