Digital Daesung Changes Dividend Record Date to March Next Year, Enhancing Predictability

Digital Daesung, an educational content platform company led by CEO Kim Heeseon, announced on the 16th that it has changed its dividend record date.

This is interpreted as a re-disclosure regarding the amendment of the articles of incorporation at the regular shareholders' meeting held in March. Previously, the dividend record date was the fiscal year-end (December 31) each year, but going forward, it will be changed to a date determined by the board of directors. This change aims to prevent confusion among shareholders.

The company stated, "This measure is intended to enhance shareholders' ability to predict dividends," and added, "Even if you hold company shares at the fiscal year-end (December 31) this year, you will not receive dividends if you do not hold shares on the dividend record date, which will be determined and disclosed by the board of directors in the future. Please take note of this."

A representative from Digital Daesung said, "Shareholders who wish to receive dividends must hold shares on the expected dividend record date at the end of March next year, not at the end of this year," and added, "Details such as the dividend amount will be determined and disclosed at a future board meeting."