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, the parent company of SK hynix Inc., has announced plans to return at least 4.3 trillion won ($3.2 billion) to shareholders from dividend income generated by its stake in SK hynix. The company expects to receive over 6.2 trillion won from SK hynix's cash dividend payments, based on the chipmaker's planned dividend pool of more than 30 trillion won for 2026.
SK Square has also pledged to return at least 60 percent of its ordinary dividend income to shareholders through 2028, as well as 100 percent of any special dividend income related to investment gains from Japan's Kioxia Corp. The final details of the shareholder return plan will be determined after the company's 2026 financial statements are confirmed.
Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
