Dividend of SK common stock decided to be 7,000 won per share

Intermediate KRW 1,000, followed by ending dividends of KRW 6,000

The largest scale in 6 years since the launch of the integrated holding company

SK(034730)Has decided the dividend per share as of 2020 at 7,000 won. The total dividend amount is 370 billion won, the largest since the launch of the integrated holding company in 2015.

SK announced that it has decided to pay a ending dividend of 6,000 won per share following the interim dividend (1,000 won per share) it held in August last year when it held the board of directors on the 9th. The total amount of dividends to be paid to shareholders is KRW 370 billion, an increase of KRW 120 billion from the previous year.

SK explained that it has been striving to improve shareholder value by continuing to continue the interim dividend every year after implementing the first interim dividend (1,000 won per share) in 2018. The total annual dividend has also increased by 77% in four years from about KRW 290.9 billion in 2016.

When SK realizes investment profits, it reflects them in dividends. Last year, △Watson, China, the No.1 global copper foil manufacturer △Pro-Data Group, a global super-large data center operator △In addition to investments from biopharmaceutical innovator Roivant, △Listed on SK BioPharm △Investment return from the sale of some of ESR, a global logistics platform company Was reflected in the dividend fund.

SK is concentrating its capabilities on establishing a foundation for growth centered on four core businesses (green, bio, digital, advanced materials) and proving its performance, such as promoting eco-friendly hydrogen business through investment in plug power, a leading U.S. hydrogen business this year. have. In addition, for the first time as a holding company of a large corporation, it held a distributed shareholding system, implemented an electronic voting system, and announced the corporate governance charter.

An official of SK said, “We will pursue corporate growth and shareholder value expansion by innovating our business model focusing on environmental, social, and governance (ESG) management and establishing a virtuous investment cycle structure through realizing investment returns.”

/ Reporter Shim Woo-il [email protected]

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