Dividend Policy
LG Chem considers all factors such as, investment amounts, cash flow, financial structure and dividend stability, etc., when the company determines dividend payout amounts for enhancing shareholders’ value and expanding return of profits to its shareholders.
The dividend stability means the company tries to avoid reducing dividend per share, however, it can be flexibly applied to the direction of the company’s long-term growth and continuing enhancement of shareholders’ value after analyzing changes in economic condition and business strategy including CAPEX.
The company will communicate to investors about expected next year’s dividend information in the conference call at least once a year.
Dividend Summary for Last 10 Fiscal Years
(Face Value Per Share: 5,000 Won, Unit : KRW bn)
Dividend Summary for Last 10 Fiscal Years : 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011, 2010, 2009, Consolidated Net income, Total dividends, Dividend Payout Ratio (%), DPR at face (%), : Common, : Preferred, Dividend per share (won), : Common, : Preferred, Dividend Yield Ratio (%), : Common, : Preferred
Division 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Consolidated Net income 313 1,473 1,945 1,281 1,153 868 1,266 1,495 2,138 2,158
Total dividends 154 460 460 368 331 295 295 295 295 295
Dividend Payout Ratio (%) 49.02 31.24 23.65 28.73 28.73 33.93 23.26 19.71 13.78 13.64
DPR at face (%) Common 40 120 120 100 90 80 80 80 80 80
Preferred 41 121 121 101 91 81 81 81 81 81
Dividend per share (won) Common 2,000 6,000 6,000 5,000 4,500 4,000 4,000 4,000 4,000 4,000
Preferred 2,050 6,050 6,050 5,050 4,550 4,050 4,050 4,050 4,050 4,050
Dividend Yield Ratio (%) Common 0.6 1.7 1.5 1.9 1.3 2.1 1.4 1.2 1.2 1.0
Preferred 1.2 3.1 2.5 2.8 1.8 2.8 2.6 3.8 3.7 2.5