The Korea Exchange has decided to raise its payout ratio from the previous 45% to 50%. This aims to take the lead in actively enhancing shareholder value, as emphasized by the government.
According to the financial investment industry on the 29th, the Korea Exchange held a board meeting on the 22nd and approved a plan to raise the payout ratio from 45% to 50%.
The Korea Exchange raised its payout ratio from 33% to 45% in February, and it has now decided to increase it again after six months.
With this decision, the payout ratio of the Korea Exchange is the highest level compared to other financial public institutions, such as Korea Housing Finance Corporation (40%) and the Industrial Bank of Korea (37.8%).
Last year, the Korea Exchange paid a mid-year dividend of 57.7 billion won, a first since its establishment, with 3,000 won per share, and the scale of this year's mid-year dividend is expected to increase.