Hanyang Securities presented a mid- to long-term goal for a dividends policy to maintain at least 1,600 won per common share or a 30% payout ratio.
Hanyang Securities on the 27th disclosed a "corporate value enhancement plan (Value-Up)" containing these details. The plan sets 2030 mid- to long-term targets including: ▲ dividends policy ▲ achieving an annual return on equity (ROE) of 10% or higher ▲ achieving financial metrics at the industry average level ▲ improving compliance with key corporate governance indicators.
First, Hanyang Securities will strengthen its dividends policy. It said it will pay at least 1,600 won per common share in dividends or maintain a 30% payout ratio. Last year, Hanyang Securities' dividends were 1,600 won per common share, up 67.9% from a year earlier. The payout ratio was 37%, and the dividend yield was 6.9%.
It also set a plan to achieve an ROE of 10%. Hanyang Securities recorded operating profit of 75.3 billion won and net profit of 56.5 billion won last year. These represent growth of 37.6% and 43.7%, respectively, from the previous year. ROE exceeded 10%.
The company will also push strategies to diversify its revenue structure and maximize capital efficiency. Hanyang Securities plans to actively identify manpower-based "flow business" opportunities that can generate stable revenue while minimizing the use of its own capital, and to establish a business structure centered on brokerage and fees.
Chief Executive Kim Byung-cheol of Hanyang Securities said, "The core management direction is to raise capital efficiency, reduce revenue volatility, and achieve an annual return on equity (ROE) of 10% or higher," adding, "We will enhance shareholder value by continuing shareholder return policies based on a stable revenue base."