LG U+ seeks to increase dividend payout ratio from a long-term perspective to enhance shareholder value and expand shareholder return.
Dividends are determined based on a balance between securing financial resources for long-term growth and returning to shareholders by comprehensively considering the business environment such as financial performance, cash flow, and investment plans.
LG U+ maintains dividend policy of distributing more than 30% of net profit (stand-alone basis, excluding non-recurring profit). In the past three years, our average dividend payout ratio has been maintained at over 40%, and we will continue to strive to diversify our shareholder return policy in the future.
Dividends are discussed in-depth at the board of directors, and the results are immediately communicated through a ‘Decision on Cash Dividend and Dividend in Kind.’ We are actively communicating with the market about the expected dividend outlook for the next year through the quarterly earnings results.
* Unit : KRW in million
|Par Value Per Share(KRW)||5,000||5,000||5,000||5,000||5,000||5,000|
|Payout Ratio(%)||30%||31%||37%||39%||43%||over 30%|
|Dividend Per Share(KRW)||350||400||400||400||450||-|
|Market Price Dividend Ratio(%)||3.0%||2.8%||2.3%||2.8%||3.7%||-|