CEO Score, Total Dividend Survey of 613 Listed Companies
The late Chairman Lee Kun-hee pays 864.5 billion won… 1st place for 12 consecutive years
Dividend payments based on 2020 performance of domestic listed companies after going through a general shareholders’ meeting next month have increased by more than 40% from the previous year.
However, except for the dividend increase of Samsung Electronics, which implemented an aggressive shareholder return policy, the growth rate of the rest of the companies is negligible.
On the 24th, CEO Score (CEO Park Joo-geun) of the company evaluation site surveyed 613 companies whose dividends were disclosed among listed companies in Korea.
This is an increase of 46.7% (11.87 trillion won) compared to the 2019 dividend amount (25,465 trillion won).
The increase in the total dividend amount of Samsung Electronics, which recorded good performance last year, was large.
As of 2020, the dividend amount of Samsung Electronics totaled 20.33 trillion won, an increase of 10,7188 billion won compared to 9,6192 billion won in 2019.
This is 90% of the total dividend increase last year.
In contrast, the dividend increase of 495 companies excluding Samsung Electronics was only 636.4 billion won.
Due to the new coronavirus infection (Corona 19), etc., the total dividend amount for each industry has also been divided.
SK Hynix, a semiconductor company, ranked second with a dividend of KRW 83 billion as of last year.
The amount of dividends in 2019 increased by KRW 116.3 billion.
Hyundai Motor’s dividend amount as of last year was 785.5 billion won, down 268 billion won from the previous year, ranking 3rd.
LG Chem’s dividend amount was 7784 billion won last year, an increase of more than 600 billion won compared to 2019 (153.6 billion won).
In comparison, SK Telecom is paying KRW 7151 billion, a decrease of 15 billion won from 2019, and KB Financial Group’s dividend is KRW 687.9 billion, a decrease of KRW 171.4 billion.
Financial companies significantly reduced their dividends from the previous year, recommending that the financial authorities reduce their payout ratio to within 20% to banks and bank holdings in response to the Corona 19 crisis last month.
As for the individual dividend, the dividend of the Samsung family also increased significantly.
In terms of personal dividends, the late Samsung Chairman Lee Kun-hee, who took the first place for 12 consecutive years since 2009, reached 864.5 billion won, an increase of 3897 billion won from the previous year.
In addition, Lee Jae-yong, vice chairman of Samsung Electronics, recorded 22.87 billion won, and Hong Ra-hee, former director of Leeum, recorded 162.1 billion won.
SK Chairman Choi Tae-won is ranked 4th with a dividend of 91 billion won, an increase of 26 billion won compared to the previous year. (68.8 billion won), Chung Eui-sun, chairman of Hyundai Motors (58.2 billion won), and Ki-won Choi, chairman of SK Happiness Sharing Foundation (33.7 billion won), were included in the top 10.
/yunhap news