Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Daeduck Electronics announced that to adopt an advanced dividend procedure, its FY2024 year-end dividend record date will be set by a Board resolution in Q1 2025, rather than automatically on December 31.
📊 [Key Disclosure Details & Financial Figures]
- Title: Notice on Dividend Record Date Pursuant to Articles of Incorporation Amendment
- Changes to Dividend Record Date System:
- Before Change: End of each fiscal year (December 31)
- After Change: A date determined by the Board of Directors (Articles amended at AGM on March 22, 2023)
- Key Investor Notice:
- The record date for the FY2024 year-end dividend will be resolved by the Board and disclosed in Q1 2025
- Holding shares on December 31, 2024, does not guarantee dividend entitlement unless shares are held on the newly determined record date in 2025
- Decision Date: December 17, 2024
- Other Key Details: Specific details including actual dividend payment, record date, and dividend per share will be determined in subsequent Board and Shareholder Meetings
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Upcoming Dividend Record Date and Dividend Decision Disclosures
Pursuant to its amended Articles of Incorporation, the company decided to set its FY2024 year-end dividend record date separately via a Board resolution in Q1 2025, allowing investors to verify dividend amounts prior to investing. Verifying the exact record date once determined in 2025—regardless of shareholding on December 31, 2024—is essential to securing dividend payment rights. Relevant details can be verified in the upcoming disclosures for ‘Decision on Record Date for Cash/In-Kind Dividend’ and ‘Decision on Cash/In-Kind Dividend’ filed on DART.
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