Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hyundai Motor has resolved a year-end cash dividend of KRW 6,000 per common share for FY2024, totaling approximately KRW 1.57T.
📊 [Key Disclosure Contents & Major Figures Summary]
- Disclosure Type: Major Management Matters Report (Decision on Cash and In-Kind Dividend)
- Dividend Classification: Year-end Dividend
- Dividend Type: Cash Dividend
- Total Dividend Amount: KRW 1,566,391,000,000 (approx. KRW 1.57T, rounded to nearest KRW Million)
- Record Date: 2025-02-28
- Expected Payment Date: Within one month from the date of approval at the Shareholders’ General Meeting
- General Shareholders’ Meeting: To be held (Date TBD)
- Board Resolution Date: 2025-01-23 (7 Independent Directors attended, 0 absent)
1. Dividend Per Share and Dividend Yield by Share Class
- Common Stock: KRW 6,000 per share (Dividend Yield: 2.8%)
- 2nd Preferred Stock: KRW 6,100 per share (Dividend Yield: 3.8%, Total Amount: KRW 209,408,000,000)
- 1st Preferred Stock: KRW 6,050 per share (Dividend Yield: 3.9%, Total Amount: KRW 130,885,000,000)
- 3rd Preferred Stock: KRW 6,050 per share (Dividend Yield: 3.9%, Total Amount: KRW 14,077,000,000)
2. Annual Dividend Metrics & Notes
- Total FY2024 Dividend Per Share: KRW 12,000 for common stock (Quarterly dividends KRW 6,000 + Year-end dividend KRW 6,000)
- Dividend Yield Calculation Basis: 1-week arithmetic average stock price prior to the trading day preceding the board resolution date (Jan 23)
- Potential Variance in Total Amount: Subject to change depending on the final number of treasury shares acquired and the resolution of the General Shareholders’ Meeting
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Shareholders’ Meeting Approval and Final Payout Details
This disclosure provides notice of Hyundai Motor’s board resolution regarding the FY2024 year-end cash dividend and its key payout terms. Verifying whether the proposed dividend terms pass without modification at the upcoming Annual General Meeting of Shareholders is important for confirming the final dividend metrics. Final approval outcomes and official payout schedules can be verified in future regulatory filings, such as the Results of Annual General Meeting disclosure and the Annual Report.
📢 Disclaimer & Source Notice
Source: This content has been structured and newly created based on official submission data from the Financial Supervisory Service’s DART system.
Investment Risk Warning: This content is provided for informational and language reference purposes only. Under no circumstances does it constitute financial advice or a recommendation to buy or sell specific securities. All investment decisions and financial responsibilities rest entirely with the individual investor.
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