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Last year, the overall dividends distributed by firms listed on South Korea’s primary stock exchange amounted to 35.1 trillion South Korean won, setting a new record with a 15.5% rise from the same period in the prior year.

As reported by the Korea Exchange on the 20th, 566 out of 799 companies settling in December (71%) paid out cash dividends. The average dividend payout ratio increased by 5.09 percentage points to 39.83%, compared to 34.74% in the previous year. The average stock price growth for companies that distributed cash dividends was noted at 32.90%.

Significantly, 304 of the 314 companies that settled in December (96.8%) who made value-up disclosures ultimately distributed dividends. These firms paid a combined amount of 30.8 trillion Korean won in dividends, making up 87.7% of the total dividend payments for the year.

The total dividend amount for firms listed on KOSDAQ in December reached 3.1 trillion South Korean won last year, marking a 34.8% rise compared to the prior year. The average dividend payout ratio also increased by 3.0 percentage points to 37.4% over the same period.

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