Menu Content
Go Top

Economy

Samsung Electronics to Unveil 3-Year Shareholder Return Policy

Written: 2017-10-23 10:06:27Updated: 2017-10-23 10:52:08

Samsung Electronics to Unveil 3-Year Shareholder Return Policy

Samsung Electronics is expected to announce a three-year shareholder return policy including dividends and share buybacks.
 
Industry watchers said on Monday that Samsung will unveil detailed plans on buybacks and dividends for 2018 to 2020 when it announces its official profit and sales results for the third quarter at the end of the month.
 
Samsung spent almost four trillion won on dividends and seven-point-two trillion won on buybacks on net earnings of 22-point-four trillion won last year, resulting in a shareholder return to net income ratio of 49-point-seven percent.
 
Analysts say that if Samsung maintains the ratio this year, the amount allocated for shareholders would reach 20 trillion won as the firm is expected to post a net profit of over 40 trillion won this year.
 
If Samsung applies last year's cash dividend ratio of 17-point-eight percent, its cash dividend is likely to reach seven trillion won this year and eight trillion in 2018 and 2019. 

Related News

Editor's Pick

Close

This website uses cookies and other technology to enhance quality of service. Continuous usage of the website will be considered as giving consent to the application of such technology and the policy of KBS. For further details >