Samsung Electronics' Q3 Dividend Jumps 12-Fold, Investors Remain Disappointed
10 Articles
10 Articles
Samsung Electronics announced detailed earnings by business division today (the 29th). As expected, the semiconductor division generated the majority of the profit. Following SK Hynix's announcement of 20,000 won per share yesterday (the 28th), the company also announced a record-breaking third-quarter cash dividend. Kim Jong-min
(Seoul = Yonhap News) Reporters Park Cho-rong and Kang Tae-woo = Samsung Electronics, which decided on a cash dividend of 30 trillion won for the third quarter of this year, stated that its remaining funds for shareholder returns this year could reach up to 75 trillion won...
During its third-quarter earnings conference call on the 29th, Samsung Electronics announced that its remaining funds for shareholder returns this year amount to 55 to 75 trillion won, and that it plans to pursue a significant volume of treasury stock buybacks and cancellations alongside cash dividends. Samsung Electronics projected its total shareholder return for the year to be between 90 and 110 trillion won. The amount of shareholder returns…
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