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Year-End Cash Dividend for FY2015

28 Jan 2016 09:45

RNS Number : 2904N
Samsung Electronics Co. Ld
28 January 2016
 

 

 

Samsung Electronics Co., Ltd. Declares

Year-End Cash Dividend for FY2015

 

Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) ("SEC") announced today that its Board of Directors at their meeting on January 28, 2016 authorized the cash dividend plan, payable to the shareholders of record at the close of business on December 31, 2015 as follows:

 

1. Dividend per Share (Dividend Yield)

- Common Shares: KRW 20,000 (1.56%)

- Preferred Shares: KRW 20,050 (1.85%)

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.

For 2015, the total cash dividend payable for each common shares is KRW 21,000 per share

 and KRW 21,050 per share for each preferred shares, which includes the interim dividend of

 KRW 1,000 per share paid on August 28, 2015 with respect to both common shares and

 preferred shares.

 

2. Total Amount Appropriated for Year-End Cash Dividend: KRW 2,919.82 billion

  Total Dividend Payout Amount for 2015 : KRW 3,068.74 billion

(including KRW 148.92 billion the amount paid as interim dividend on August 28, 2015)

 

3. Record Date: December 31, 2015

 Dividend payments will be made to only those shareholders who are shareholders of record at the close of

business on record date, as listed on the shareholders' registry on the record date.

Dividend payments will be made within 30 days of the date that is the date of the Annual

General Meeting of Shareholders ("AGM"), and such dividend payment and the payment

amounts will be subject to approval and ratification by a vote of the shareholders at the AGM.

 

 

 

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 Samsung Electronics Co., Ltd.'s ("SEC") 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. The matters discussed herein may also be affected by risks and uncertainties described from time to time in SEC's filings with the Korea Stock Exchange (KRX), Financial Supervisory Service (FSS Korea), and Samsung Website. (http://www.samsung.com/us/aboutsamsung/ir/newsMain.do) Further information about risks and uncertainties affecting Samsung Electronics Co., Ltd. is 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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