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 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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% | ||||
| 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 | 1,000 | 2,000 |
- 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%
- CP203030T.text.dividend_stck50_1
Mid-to-Long Term Shareholder Return
DividendPolicy2_summary
- OCF + Asset Monetization = Investment + Enhancing Financial Soundness + Shareholder Returns
-
- Enhancing Financial Soundness
- Utilize at least 10% OCF as a priority
- Asset Monetization
- Over the next approximately five years, the Company plans to gradually monetize its stake in LGES to a level of around 70%, with the aim of maintaining a balanced approach to growth, financial soundness, and the enhancement of shareholder value.
- Shareholder Returns
- Current consolidated dividend payout ratio of 20% ²⁾
- → Intends to expand its consolidated dividend payout ratio to 30%, subject to a recovery in profitability supported by performance from its four key growth engines (ROE up to 10%) and the commencement of full-scale dividend income from LGES.
- At least 10% of the after-tax cash proceeds secured from the disposal of the Company's stake in LGES will be allocated as a source of shareholder returns ³⁾
- → Based on the recovery of EBITDA (around 2028), we plan to review share buybacks/cancellations alongside a stable increase in DPS
- Enhancing Financial Soundness
- We will periodically reassess market conditions and relevant factors to determine the feasibility of expanding the monetization of LGES stake, with the objective of minimizing impairment of the value of its LGES stake while potentially reducing its ownership level below 70%. We also plan to review the capacity to expand the proportion of shareholder returns. Progress and implementation updates regarding the utilization of the LGES stake will be disclosed in due course.
Dividend Summary for Last 10 Fiscal Years
| Division | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Consolidated Net income | -1819 | -691 | 1338 | 1845 | 3670 | 513 | 313 | 1473 | 1945 | 1281 | |
| Total dividends | 157 | 79 | 274 | 783 | 935 | 778 | 154 | 460 | 460 | 368 | |
| Dividend Payout Ratio (%) | 0 | 0 | 20.50 | 42.44 | 25.48 | 151.84 | 49.02 | 31.24 | 23.65 | 28.73 | |
| DPR at face (%) | Common | 40 | 20 | 70 | 200 | 240 | 200 | 40 | 120 | 120 | 100 |
| Preferred | 41 | 21 | 71 | 201 | 241 | 201 | 41 | 121 | 121 | 101 | |
| Dividend per share (won) | Common | 2,000 | 1,000 | 3,500 | 10,000 | 12,000 | 10,000 | 2,000 | 6,000 | 6,000 | 5,000 |
| Preferred | 2,050 | 1,050 | 3,550 | 10,050 | 12,050 | 10,050 | 2,050 | 6,050 | 6,050 | 5,050 | |
| Dividend Yield Ratio (%) | Common | 0.6 | 0.4 | 0.7 | 1.6 | 1.9 | 1.2 | 0.6 | 1.7 | 1.5 | 1.9 |
| Preferred | 1.2 | 0.7 | 1.1 | 3.4 | 4.0 | 2.7 | 1.2 | 3.1 | 2.5 | 2.8 | |
- Net Profit attributable to Owners of the Parent Company
