Nov
25
A $7.5 Billion Payout May Be Headed for South Korean Shareholders
By-
Dividends may jump 5.4%, Bloomberg dividend forecasts signal
-
`Once Samsung takes the lead, other conglomerates will follow’
South Korean companies, which have the lowest dividends in relation to share prices in Asia, are becoming more generous as they succumb to government and shareholder pressure.
Payouts by Kospi 200 index members may jump 5.4 percent over three years, according to Bloomberg dividend forecasts based on option prices, company guidance and industry trends. That would translate into at least 8.7 trillion won ($7.5 billion) of payments in the period and compares with projected gains of 2 percent for Hong Kong’s Hang Seng Index and 4.4 percent for Japan’s Nikkei 225 Stock Average…
A $7.5 Billion Payout May Be Headed for South Korean Shareholders
