Source Fact: Korea Exchange (KOSCOM) / 2024-02-23
Disclosure Type: Decision on Cash/In-Kind Dividend
💡 3-Second Summary
Hanwha Aerospace’s board has resolved to pay a year-end cash dividend for FY2023 of KRW 1,800 per common share, totaling approximately KRW 91.0 billion (KRW 91,024,941,600).
📊 1. [Key Disclosure Content & Key Figures Summary]
- Target Company: Hanwha Aerospace Co., Ltd. (Stock Code: 012450)
- Dividend Category & Type: Year-end Dividend / Cash Dividend (Differential dividend N/A)
- Dividend per Share: Common Share KRW 1,800 (Preferred share N/A)
- Dividend Yield: Common Share 1.4%
- Total Dividend Amount: KRW 91,024,941,600 (approx. KRW 91.0B)
- Calculation Base: Based on 50,569,412 eligible shares, excluding 60,588 treasury shares held by the company
- Record Date: December 31, 2023
- Major Schedule:
- Board Resolution Date: February 23, 2024 (4 outside directors present, 0 absent)
- Scheduled Date of General Meeting of Shareholders: March 26, 2024
- Expected Payment Date: Scheduled within 1 month from the date of AGM approval pursuant to Article 464-2 of the Commercial Code
- Important Notes: The details remain subject to potential adjustments during external audit procedures and formal shareholder approval at the AGM.
📈 2. [Expert Insight: What This Disclosure Means for Investors]
This filing serves as formal notice that Hanwha Aerospace’s board of directors has resolved a year-end cash dividend payout as part of its shareholder return policy for FY2023.
According to the official text, the company plans to distribute KRW 1,800 per common share, yielding 1.4%, with the total payout amounting to approximately KRW 91.0 billion (excluding treasury shares). The proposed dividend resolution will be submitted to the Annual General Meeting of Shareholders scheduled for March 26, 2024. Upon AGM adoption, the dividend will be disbursed within one month in accordance with statutory provisions under the Commercial Code. Market participants can reference this filing as a factual benchmark confirming proposed dividend parameters ahead of the AGM vote.
📝 Editor’s Comment (by K-STOCK Editor)
Hanwha Aerospace has disclosed its board decision regarding the FY2023 year-end cash dividend, setting the payout at KRW 1,800 per common share, totaling approx. KRW 91.0 billion.
From an analytical standpoint, key checkpoints include confirming the KRW 1,800 per share proposal across 50,569,412 eligible shares ahead of the shareholder vote on March 26, 2024, and tracking subsequent payout completion within one month following AGM approval.
📢 Disclaimer & Source Notice
Source: This content was newly structured and created based on official disclosure data from the Korea Exchange (KOSCOM/DART).
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