SK Square plans $3.2 bil. shareholder payout from SK hynix dividends
SK Square Co., the parent company of SK hynix Inc., said Monday it plans to return at least 4.3 trillion won ($3.2 billion) to shareholders from dividend income generated by its stake in the world's second-largest memory chipmaker. The planned shareholder payout comes as SK Square expects to receive more than 6.2 trillion won from SK hynix's cash dividend payments, based on the chipmaker's…
SK Square Co., the parent company of SK hynix Inc., has announced plans to return a substantial amount of shareholder value from dividend income generated by its stake in the world's second-largest memory chipmaker. The planned shareholder payout is expected to amount to at least 4.3 trillion won, or $3.2 billion, derived from SK hynix's cash dividend payments.
This payout is contingent on SK hynix's planned dividend pool of over 30 trillion won for the fiscal year 2026. The company intends to distribute at least 4.3 trillion won of the anticipated dividend income to shareholders, as well as commit to returning at least 60% of its ordinary dividend income through 2028, and 100% of any special dividend income tied to investment gains from Japan's Kioxia Corp. SK hynix holds a significant stake in Kioxia through a consortium comprising a Korean, U.S., and Japanese entity, led by investment firm Bain Capital.
The specific details of this shareholder return plan will be finalized after SK Square's financial statements for the 2026 fiscal year have been confirmed.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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