Last checked at 27 Apr 2017 07:00
Quarterly Dividend for First Quarter 2017
Samsung Electronics Co., Ltd. (KS005930, KS005935, SMSN, SMSD) ("SEC") announced today that its Board of Directors at their meeting on April 27, 2017 approved the dividend plan for the first quarter of 2017, payable to the shareholders of record at the close of business on March 31, 2017, as follows:
1. Dividend per Share (Dividend Yield)
- Common Shares: KRW 7,000 (0.34%)
- Preferred Shares: KRW 7,000 (0.44%)
※ 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 guidelines.
2. Total Payout Amount: KRW 972.37 billion
3. Record Date: March 31, 2017
※ Dividend payments will be made to only those shareholders who were shareholders of record at the close of business on March 31, 2017, as listed on the shareholders' registry on the record date.
4. Scheduled Payment Date: May 17, 2017
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 SEC's 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. Readers are directed to SEC's filings with the Korea Stock Exchange (KRX), FSS (Korea), and Samsung Website made from time to time for a description of such risks and uncertainties. Further information about risks and uncertainties affecting Samsung Electronics Co., Ltd. is also 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.