Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hyundai Motor decided on a year-end cash dividend for FY2023 of KRW 8,400 per common share, KRW 8,500 per 2nd preferred share, and KRW 8,450 per 1st and 3rd preferred share, totaling approximately KRW 2.21T.
📊 [Key Disclosure Content & Financial Highlights]
1. Dividend Overview & Total Amount
- Dividend Type: Year-end dividend / Cash dividend
- Total Dividend Amount: KRW 2.21T (KRW 2,212,882,000,000)
- Record Date: February 29, 2024
- Expected Payment Date: Within one month from the date of approval at the General Meeting of Shareholders
2. Dividend Per Share & Dividend Yield by Share Class
- Common Stock: KRW 8,400 per share (Dividend Yield: 4.6%)
- 1st Preferred Stock: KRW 8,450 per share (Dividend Yield: 7.8% / Total Dividend: KRW 185,276,000,000)
- 2nd Preferred Stock: KRW 8,500 per share (Dividend Yield: 7.7% / Total Dividend: KRW 295,520,000,000)
- 3rd Preferred Stock: KRW 8,450 per share (Dividend Yield: 7.8% / Total Dividend: KRW 19,907,000,000)
3. Additional Context & Board Resolution
- Board Resolution Date: January 25, 2024 (7 Outside Directors attended, 0 absent)
- Total Annual Dividend for FY2023 (Common Stock): KRW 11,400 per share (Q2 Dividend: KRW 1,500 + Q3 Dividend: KRW 1,500 + Year-end Dividend: KRW 8,400)
- Shareholders’ Meeting Approval: Details are subject to potential changes during the approval process at the General Meeting of Shareholders
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Shareholders’ Meeting Approval and Final Payment Schedule
This disclosure outlines the year-end dividend decision approved by the board of directors. Verifying whether the proposed dividend plan is approved as proposed at the upcoming Annual General Meeting of Shareholders and confirming the finalized payout schedule is important for determining the official execution of the dividend distribution. Details can be verified in future general meeting notices, results of the general meeting disclosures, and annual reports.
📢 Disclaimer & Source Notice
Source: This content has been newly structured and created based on officially submitted data from the Financial Supervisory Service’s DART system.
Investment Risk Warning: This content is provided strictly for informational and language reference purposes only. Under no circumstances does it constitute financial advice or a recommendation to buy or sell any specific stock. All investment decisions and financial liabilities rest entirely with the individual investor.
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