Shareholder Return

We are committed to delivering sustainable value to our shareholders

Committed to
Shareholder Return

FY 2024-2026
Committed to Shareholder Return
Dividend KRW 9.8 T annually (regular) Total Shareholders Return 50% of FCF
Committed to Shareholder Return
Dividend KRW 9.8 T annually (regular)
Total Shareholders Return 50% of FCF
FY 2021-2023
Committed to Shareholder Return
Dividend KRW 29.4 T Total Shareholders Return KRW 29.4 T
Committed to Shareholder Return
Dividend KRW 29.4 T
Total Shareholders Return KRW 29.4 T
FY 2018-2020
Committed to Shareholder Return
Dividend KRW 39.6 T Total Shareholders Return KRW 39.6 T Cancellation of Treasury Shares in 2018 As of Dec 4, 2018, SEC had cancelled all common & preferred shares held in treasury
Committed to Shareholder Return
Dividend KRW 39.6 T
Total Shareholders Return KRW 39.6 T
Cancellation of Treasury Shares in 2018 As of Dec 4, 2018, SEC had cancelled all common & preferred shares held in treasury
FY 2015-2017
Committed to Shareholder Return
Dividend KRW 12.9 T Total Shareholders Return KRW 33.5 T (KRW 20.6 T in share repurchases) Cancellation of Treasury Shares in 2017 As of May 2, 2017, SEC had cancelled 50% of each common & preferred shares held in treasury as a way to enhance shareholder value
Committed to Shareholder Return
Dividend KRW 12.9 T
Total Shareholders Return KRW 33.5 T (KRW 20.6 T in share repurchases)
Cancellation of Treasury Shares in 2017 As of May 2, 2017, SEC had cancelled 50% of each common & preferred shares held in treasury as a way to enhance shareholder value
Shareholder return over the past 5 years

(Unit : KRW 100 M)

Shareholder Return
2020 2021 2022 2023 2024
Total payout Common 178,735 86,204 86,204 86,204 86,215
Preferred 24,645 11,891 11,891 11,891 11,892
Total 203,381 98,094 98,094 98,094 98,108
Payout ratio 78.0% 25.0% 17.9% 67.8% 29.2%
Value of shares purchased Common - - - - 16,251
Preferred - - - - 1,865
Total - - - - 18,116
Total shareholder return 203,381 98,094 98,094 98,094 116,223
Net income* 260,908 392,438 547,300 144,734 336,214
Total shareholder return ratio ** 78.0% 25.0% 17.9% 67.8% 34.6%

* Net Income: Attributable to owners of the parent

** Total shareholder return ratio: Total shareholder return/net income

Shareholder return details by year/ 2020 Year Total shareholder return 20,338,100,000,000won. Net income 26,090,800,000,000won Total shareholder return 78.0% / 2021 Year Total shareholder return 9,809,400,000,000won. Net income 39,243,800,000,000won Total shareholder return 25.0% / 2022 Year Total shareholder return 9,809,400,000,000won. Net income 54,730,000,000,000won Total shareholder return 17.9% / 2023 Year Total shareholder return 9,809,400,000,000won. Net income 14,473,400,000,000won Total shareholder return 67.8% / 2024 Year Total shareholder return 9,810,800,000,000won. Net income 33,621,400,000,000won Total shareholder return 34.6% Shareholder return details by year/ 2020 Year Total shareholder return 20,338,100,000,000won. Net income 26,090,800,000,000won Total shareholder return 78.0% / 2021 Year Total shareholder return 9,809,400,000,000won. Net income 39,243,800,000,000won Total shareholder return 25.0% / 2022 Year Total shareholder return 9,809,400,000,000won. Net income 54,730,000,000,000won Total shareholder return 17.9% / 2023 Year Total shareholder return 9,809,400,000,000won. Net income 14,473,400,000,000won Total shareholder return 67.8% / 2024 Year Total shareholder return 9,810,800,000,000won. Net income 33,621,400,000,000won Total shareholder return 34.6%

Dividends

2024 4Q cash dividend resolution
  • Dividend per share :
    • * KRW 363 per common share
    • * KRW 364 per preferred share
  • Record date : Dec 31, 2024
  • Total payout : KRW 2.45 trillion
Dividend breakdown by year/ 2020 Year Total payout 20,338,100,000,000won. payout ratio 78.0% / 2021 Year Total payout 9,809,400,000,000won. payout ratio 25.0% / 2022 Year Total payout 9,809,400,000,000won. payout ratio 17.9% / 2023 Year Total payout 9,809,400,000,000won. payout ratio 67.8% / 2024 Year Total payout 9,810,800,000,000won. payout ratio 29.2% Dividend breakdown by year/ 2020 Year Total payout 20,338,100,000,000won. payout ratio 78.0% / 2021 Year Total payout 9,809,400,000,000won. payout ratio 25.0% / 2022 Year Total payout 9,809,400,000,000won. payout ratio 17.9% / 2023 Year Total payout 9,809,400,000,000won. payout ratio 67.8% / 2024 Year Total payout 9,810,800,000,000won. payout ratio 29.2%
Dividend payments over the past 5 years

(Unit : KRW 100 M)

Dividend payment history for the recent 5 years
2020 2021 2022 2023 2024
Net income* 260,908 392,438 547,300 144,734 336,214
Payout ratio 78.0% 25.0% 17.9% 67.8% 29.2%
Dividend yield ** Common 4.0% 1.8% 2.5% 1.9% 2.7%
Preferred 4.2% 2.0% 2.7% 2.4% 3.3%
Dividend per share
(KRW) 		Common 2,994 1,444 1,444 1,444 1,446
Preferred 2,995 1,445 1,445 1,445 1,447
Total payout Common 178,735 86,204 86,204 86,204 86,215
Preferred 24,645 11,891 11,891 11,891 11,892
Total 203,381 98,094 98,094 98,094 98,108

* Attributable to owners of the parent

** Based on annual Business Report for the respective year

Repurchase/
Cancellation

Share repurchases over the past 5 years

(Unit : KRW 100 M, thousands shares)

Share buyback over the past 5 years
2020 2021 2022 2023 2024
Net Income* 260,908 392,438 547,300 144,734 336,214
Value of shares purchased Common - - - - 16,251
Preferred - - - - 1,865
Total - - - - 18,116
Number of shares purchased Common - - - - 29,700
Preferred - - - - 4,050
Total - - - - 33,750
Number of treasury shares outstanding Common - - - - 29,700
Preferred - - - - 4,050
Total - - - - 33,750

* Attributable to owners of the parent

Number of treasury shares
  • On November 15, 2024, the Board of Directors decided to purchase 57,056,664 treasury shares (50,144,628 common shares and 6,912,036 preferred shares) to enhance shareholder value. As of the end of 2024, the Company completed the purchase of 33,750,000 shares(29,700,000 common shares and 4,050,000 preferred shares).
  • On February 13, 2025, the Company completed the purchase of 57,056,664 treasury shares(50,144,628 common shares and 6,912,036 preferred shares) and, through a Board resolution, canceled all the acquired shares on February 20, 2025(the date of cancellation by Korea Securities Depository).