SK Hynix Declares Cash Dividend of 375 Won Per Common Share... "Shareholder Return Plan to Be Finalized Within September"

SK Hynix announced in a regulatory filing on the 7th that it will implement a quarterly cash dividend of 375 won per common share.

The dividend yield based on market price is 0.02% for common shares, bringing the total dividend payout to 273,324,801,750 won.

The record date for the dividend is set for the 31st of this month, and the payout is scheduled to be distributed within one month from the record date.

Additionally, SK Hynix stated that it is actively reviewing additional shareholder return measures to enhance shareholder value, with specific details to be finalized and announced during the third quarter.

This schedule has been moved up compared to its previous announcement that a shareholder return plan would be unveiled within the year.

Following SK Hynix's announcement of its plan to unveil shareholder return measures within September, market interest is growing regarding its capacity for shareholder returns and the specific timeline.

In and outside the industry, expectations are rising that large-scale return plans could be announced earlier than expected, given that SK Hynix has been reviewing related measures for a long time and its cash reserves expanded significantly in the first half of the year.

Some projections also suggest that the plan could be finalized and announced as early as this month.

(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.