Hanil Holdings and Hanil Cement said on the 17th that they maintained a high-dividend policy to expand shareholder returns despite a downturn in business conditions caused by a slump in the construction market.
Hanil Holdings and Hanil Cement disclosed on the 16th that they will pay 1,000 won per common share as settlement of account dividends for 2025. Compared with a year earlier, Hanil Holdings raised the amount by 70 won (about 7.5%). Hanil Cement kept it the same as the previous year.
This year's dividends aggregates are 30.8 billion won for Hanil Holdings and 73.1 billion won for Hanil Cement. From 2021 to 2025, the compound annual growth rate (CAGR) of dividends was 18.1% for Hanil Holdings and 19.5% for Hanil Cement, showing an upward trend.
This year, domestic cement shipments hit their lowest level in 34 years, underscoring a tough business environment. Even so, Hanil Holdings and Hanil Cement are continuing a high-dividend stance without cuts in line with a management policy that puts shareholder value first. In particular, Hanil Holdings has paid dividends for 56 consecutive years since its listing in 1969.
A Hanil Holdings official said, "Although there are external challenges such as a slowdown in the construction market, our policy of strengthening shareholder returns under the holding company structure will continue unchanged," adding, "We will continue to enhance corporate value and shareholder value simultaneously through transparent management and dividend policies."