Samsung Electronics Declares Cash Dividend of 361 KRW per Common Share

Samsung Electronics achieved a record high performance with annual sales exceeding 279 trillion won. Samsung Electronics announced on the 7th that, based on its preliminary consolidated results for last year, it recorded sales of 279.04 trillion won and an operating profit of 51.57 trillion won. The photo shows the Samsung Electronics Seocho building. Photo by Mun Honam munonam@

[Asia Economy Reporter Minji Lee] Samsung Electronics announced on the 27th that it has decided on a cash dividend of 361 KRW per common share and 362 KRW per preferred share as a year-end dividend. The dividend yield is 0.5% for both. The total dividend amount is 2.4529 trillion KRW.

On the same day, Samsung Electronics also reported that its operating profit for the fourth quarter reached 13.8668 trillion KRW, a 53% increase. Revenue rose 24% to 76.5655 trillion KRW, and net profit grew 64% to 10.838 trillion KRW.