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Pin to quick picksSamsung El.gdr Regulatory News (SMSN)

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Announcement of 2016 Interim Cash Dividend

28 Jul 2016 07:00

RNS Number : 4667F
Samsung Electronics Co. Ld
28 July 2016
 

Interim Cash Dividend for 2016

 

Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) ("SEC") announced today

that its Board of Directors at their meeting on July 28, 2016 authorized the interim cash dividend

plan, payable to the shareholders of record at the close of business on June 30, 2016, as follows:

 

1. Dividend per Share (Dividend Yield)

- Common Shares: KRW 1,000 (0.07%)

- Preferred Shares: KRW 1,000 (0.09%)

Dividend yield is calculated by dividing dividend per share by the average stock price for the

week prior to two days before the record date based on KRX guideline.

 

2. Total Payout Amount: KRW 141.54 billion

 

3. Record Date: June 30, 2016

 Dividend payments will be made to only those shareholders who were shareholders of record at

the close of business on June 30, 2016, as listed on the shareholders' registry on the record date.

 

4. Scheduled Payment Date: August 17, 2016

 

This disclosure contains forward-looking statements. Readers are cautioned that such forward-looking statements involve risks and uncertainties that could significantly affect actual results from those expressed in any such forward-looking statements due to, without limitation, (i) general economic conditions, including in particular economic conditions in SEC's core businesses and core markets, (ii) performance of financial markets, including emerging markets, and including market volatility, liquidity and credit events, (iii) currency exchange rates, (iv) changing levels of competition, (v) changes in laws and regulations, (vi) general competitive factors, in each case on a local, regional, national and/or global basis. Readers are directed to SEC's filings with the Korea Stock Exchange (KRX), FSS (Korea), and Samsung Website made from time to time for a description of such risks and uncertainties. Further information about risks and uncertainties affecting Samsung Electronics Co., Ltd. is also included throughout our most recent annual and interim reports, as well as our most recent earnings release, which are available on http://www.samsung.com/us/aboutsamsung/ir/newsMain.do. The company assumes no obligation to update any forward-looking statement.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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