Most Popular
-
1
Heavy snow alerts issued in greater Seoul area, Gangwon Province; over 20 cm of snow seen in Seoul
-
2
Seoul blanketed by heaviest Nov. snow, with more expected
-
3
NewJeans to terminate contract with Ador
-
4
Seoul snowfall now third heaviest on record
-
5
Samsung shakes up management, commits to reviving chip business
-
6
Heavy snow of up to 40 cm blankets Seoul for 2nd day
-
7
Hybe consolidates chairman Bang Si-hyuk’s regime with leadership changes
-
8
NewJeans terminates contract with Ador, embarks on new journey
-
9
How $70 funeral wreaths became symbol of protest in S. Korea
-
10
Chaos unfolds as rare November snowstorm grips Korea for 2nd day
Average dividend yield for top business groups significantly low
By Korea HeraldPublished : July 23, 2014 - 19:50
The dividend yield ratio of South Korea’s top 10 business groups averaged 0.8 percent last year, delivering even less than interest on bank deposits, industry data showed Wednesday.
The 92 affiliates of the country’s top 10 conglomerates paid 7.29 trillion won ($7.13 billion) in dividends in fiscal 2013, posting a 0.82 percent dividend yield ratio, according to Chaebul.com, which tracks the country’s conglomerates.
The dividend yield ratio, a percentage of the share price a company returns to investors in dividends, is less than half of the one-year fixed deposit rate, which has fallen to 1.9 percent, the data showed.
The ratio for South Korea’s listed firms is low overall, measuring 1.1 percent compared to 2.7 percent in other countries. (Yonhap)
The 92 affiliates of the country’s top 10 conglomerates paid 7.29 trillion won ($7.13 billion) in dividends in fiscal 2013, posting a 0.82 percent dividend yield ratio, according to Chaebul.com, which tracks the country’s conglomerates.
The dividend yield ratio, a percentage of the share price a company returns to investors in dividends, is less than half of the one-year fixed deposit rate, which has fallen to 1.9 percent, the data showed.
The ratio for South Korea’s listed firms is low overall, measuring 1.1 percent compared to 2.7 percent in other countries. (Yonhap)
-
Articles by Korea Herald
