Korea Business News Agency - NSP NEWS AGENCY.

(Seoul=NSP News Agency) YEON SUN HAN Journalist = Samsung Electronics held a board meeting on January 31, and announced plans to increase shareholder value, including stock split. The board of directors determined to implement a 50-for-1 stock split as one of the measures to boost shareholder value.

Samsung Electronics believes that if the stock split is made, more people will have the opportunity to hold Samsung Electronics shares and receive dividend benefits, which will greatly increase from 2018.
In the case of dividend payout in 2017, Samsung Electronics initially planned to raise KRW4.8 trillion, up 20% from 2016. However, in line with the shareholding return policy in 2018-2020, Samsung Electronics plans to pay dividend of KRW5.8 trillion, 50% of its free cash flow.
This is an increase of about 46% compared to the annual dividend of KRW 4 trillion in 2016. Accordingly, the board of directors of Samsung Electronics decided to pay a dividend per share of 21,500 won for common stock and 21,550 won for preferred stock.

NSP News Agency/NSP TV YEON SUN HAN Journalist, hanys4017@nspna.com
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