SK hynix(000660) will pay a quarterly dividend of 375 won per common share. The company also plans to finalize and announce additional shareholder return measures in the third quarter of this year.
On the 7th, according to the Financial Supervisory Service's electronic disclosure system, SK hynix disclosed that it decided on a cash dividend of 375 won per common share. The total dividend aggregates are about 273.3 billion won.
The record date for the dividends is the 31st, and the dividends are scheduled to be paid within one month from the record date.
SK hynix also outlined plans for additional shareholder return measures that day. Going a step further from its earlier stance of unveiling shareholder return measures within the year, it specified the announcement timing as the third quarter.
SK hynix said, "We are actively reviewing additional shareholder return measures to enhance shareholder value," and added, "Specific details will be finalized and announced in the third quarter."
As SK hynix has set record results every quarter this year, the market is paying close attention to the scale and method of additional shareholder returns.
The company is reviewing ways to enhance shareholder value through additional dividends or share repurchases and cancellations within 50% of this year's free cash flow (FCF).