[Korea goyounghun financial newspaper reporters] found that the December settlement corporation 70% last year, year-end cash dividend traded in the securities market. In addition to the maximum aggregate size it has been over the past five years.
11 days, according to the Korea Exchange, the securities market in December last five years, the dividend amount through a cash dividend disclosure of the settlement corporation, dividend yield and dividend payout ratio and analysis of the situation of price rise due to the dividend scale increase recorded the largest year did. This is interpreted to be due to it being based settled the dividend, including dividend yield exceeds the second consecutive year Treasury bond yield.
It has 72% of the total listed companies that conduct cash dividend, the total dividend scale recently increased for five consecutive years in 2016 has surpassed 20 trillion won. Total cash dividends subsidiaries 361 companies (2016 based on 69.2%) of the 522 companies that were carried out for five consecutive years of cash dividends. In particular, the 2015 cash dividend of 95% of the corporate entity has conducted a dividend in 2016, it was the year about 90% of the company for more than two years of consecutive dividend cash dividend corporate disclosure.
Last year, the average dividend yield is 1.80% (common basis) showed a rise for the second year in a row. Treasury bond yields to decline and the increase in the average dividend yield for two consecutive years the government bond market dividend yields exceeded (1 year average of 1.433%, based on 2016).
The Treasury bond yield has exceeded the dividend yield of the 522 companies overall corporate cash dividend of 276 companies (2016 based on 52.9%), a subsidiary exceeds the fifth consecutive year Treasury bond yield to 35 companies excess return was 2.14% points.
Last year, the dividend payout ratio to maintain for 34.44%, has continued rising over the past five years by 34% over the past three years and rose slightly. Price inflation last year was lower than the corporate dividend rate index, unlike the previous years.
The past four years, the average price rise of the corporation conducted a cash dividend exceeded the Korea Composite Stock Price Index inflation.
Exchange Securities Market Division is "The dividend scale is expanding, growing social concern for the government dividends derived policies and allocation of such a continuous dividend corporation share more than two years up to 90%" and "accordingly businesses shareholder value seems to be trying to maintain a stable dividend policy to increase, "he said.
Dividend policy of the government is derived may be a tax exemption for such cash dividends of high dividend companies that meet certain requirements, such as tax exemption limit law, the dividend payout ratio, dividend yield and dividend growth amounts.
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