Fact Source: Financial Supervisory Service DART / 2025-02-21
Disclosure Type: Decision on Cash/In-Kind Dividend
💡 Summary in 3 Seconds
Hanwha Systems has decided to pay a year-end cash dividend for FY2024 of KRW 350 per common share (dividend yield: 1.60%), totaling approximately KRW 65.45B.
📊 1. [Key Disclosure Details & Financial Highlights]
- Dividend Type: Year-end cash dividend
- Dividend per Share: KRW 350 for common shares (No differential dividend applied)
- Dividend Yield: 1.60% (Based on arithmetic average price for 1 week prior to 2 trading days before record date)
- Total Dividend Amount: KRW 65,447,641,350 (approx. KRW 65.45B / Calculated on 186,993,261 eligible shares, excluding 1,926,128 treasury shares from 188,919,389 total issued shares)
- Record Date: December 31, 2024
- Scheduled Payment Date: Within 1 month from AGM approval, pursuant to Article 464-2 of the Commercial Code
- Scheduled AGM Date: March 24, 2025
- Board Resolution Date: February 21, 2025 (3 Outside Directors present)
- Other Notes: Subject to potential adjustments during external audit completion and AGM approval.
📈 2. [Professional Insight: What This Means for Investors]
This filing details the regulatory announcement of Hanwha Systems’ shareholder return plan through a year-end cash dividend for FY2024.
The board approved a cash dividend of KRW 350 per common share, bringing the total payout to approximately KRW 65.45B (excluding treasury shares), with a dividend yield of 1.60%. This proposal is tabled for formal approval at the 25th Annual General Meeting of Shareholders scheduled for March 24, 2025, and will be paid out within one month following AGM passage.
📝 Editor’s Comment (by K-STOCK Editor)
The objective fact established in this disclosure is that Hanwha Systems approved a FY2024 cash dividend of KRW 350 per common share, amounting to a total distribution of KRW 65.45B.
Moving forward, the primary objective checkpoints for investors are confirming the approval of the dividend proposal at the AGM on March 24, 2025, and tracking the subsequent execution of the dividend payment within one month of approval. Observing the AGM voting results remains the reference point.
📢 Disclaimer & Source Notice
Source: This content was newly structured and written based on official data submitted to the Financial Supervisory Service’s Data Analysis, Retrieval and Transfer System (DART).
Investment Risk Warning: This content is provided solely for informational and educational purposes. Under no circumstances does it constitute financial advice or a recommendation to buy or sell any specific stock. All investment decisions and financial responsibilities rest entirely with the individual investor.
Contact: For compliance inquiries or copyright requests, please contact ksb220805@gmail.com.
