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[Disclosure] Samsung Electro-Mechanics (009150) – Decision on Cash/In-Kind Dividend / 2024-01-31

Posted on January 31, 2024July 30, 2026 By K-STOCK Editor

Fact Source: Financial Supervisory Service DART

💡 3-Second Summary

Samsung Electro-Mechanics resolved to pay a year-end cash dividend for FY2023 of KRW 1,150 per common share and KRW 1,200 per preferred share, bringing the total dividend payout to approximately KRW 87.0B.

📊 [Summary of Key Disclosure Facts & Figures]

1. Basic Dividend Details

  • Dividend Type: Year-end dividend
  • Payment Form: Cash dividend
  • Record Date: 2023-12-31

2. Dividend Per Share & Dividend Yield

  • Common Stock: KRW 1,150 per share (Dividend Yield: 0.8%)
  • Preferred Stock (Samsung Elec-Mech Pfd): KRW 1,200 per share (Dividend Yield: 1.7%)

3. Total Dividend Amount

  • Total Dividend Payout: KRW 87,022,015,200
  • Preferred Stock Total Dividend: KRW 3,424,264,800

4. Board Resolution & General Meeting Schedule

  • Board Resolution Date: 2024-01-31 (3 Independent Directors attended, 1 absent)
  • General Meeting Status: To be held (Scheduled Date: TBD)
  • Expected Payment Date: Within one month from the AGM approval date pursuant to Article 464-2 of the Commercial Code

5. Other Key Investment Notes

  • The dividend yield is calculated as the percentage of dividend per share relative to the arithmetic average of closing prices on the exchange over the one-week period ending two trading days prior to the shareholder register closure date.
  • The proposed dividend is subject to change based on external audit results and approval at the Annual General Meeting of Shareholders.

📝 Editor’s Comment (Key Follow-up Checkpoint)

📌 Verification of AGM Approval for Dividend Proposal and Final Payment Date

This disclosure provides notification regarding the board resolution on the year-end cash dividend proposal for FY2023. Reviewing whether the proposed dividend receives final approval at the Annual General Meeting of Shareholders and confirming the finalized payment date is relevant for tracking official dividend distribution schedule. Specific details can be verified through upcoming filings, such as the Board Resolution on Convening AGM and Results of AGM announcements.

📢 Disclaimer & Source Information

Source: This content was newly structured and generated based on official submission data from the Financial Supervisory Service’s Data Analysis, Retrieval and Transfer System (DART).

Investment Disclaimer: This content is provided solely for informational and linguistic reference purposes. Under no circumstances does it constitute financial advice or a recommendation to buy or sell any security. All investment decisions and financial liabilities rest entirely with the individual investor.

Contact: For compliance inquiries or copyright requests, please contact ksb220805@gmail.com.

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