In today’s briefing:
- Dividend Procedure Improvement Plan in Compliance with Global Standards Is Passed into Law
Dividend Procedure Improvement Plan in Compliance with Global Standards Is Passed into Law
- Amid chaos in Korean politics (including impeachment of the Acting President Han Duck Soo), the FSC announced that the change in the procedure for quarterly dividends was passed into law.
- The main change that has been made is that the the investors will know in advance how much they will receive in quarterly dividends.
- Amid market turmoil, numerous high dividend paying stocks such as Hankook & Company, HD Hyundai, and KT Corp have been outperforming the market this year.
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