The Korea Herald

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Samsung Electronics to pay 851 billion won in dividends

By Korea Herald

Published : April 15, 2012 - 20:03

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South Korea’s listed firms will begin paying dividends Monday with Samsung Electronics Co. taking the lead with 851.8 billion won ($751 million), the Korea Securities Depository said Sunday.

More than 300 companies will pay 4.8 trillion won ($4.2 billion) of dividends by Friday, the KSD said in a statement.

SK Telecom comes second with 678.3 billion won, Hyundai Motor third with 504.7 billion won and SK Innovation fourth with 262.5 billion won.

As many as 149 firms listed with the main bourse KOSPI market will provide 4.5 trillion won of dividends, while 157 companies on the tech-laden KOSDAQ market will release 266.7 billion won of dividends. 

(Yonhap News)