Dividend
Dividend Policy
LG U+ seeks to increase dividend payout ratio from a long-term perspective to enhance shareholder
value and expand shareholder return.
Dividends are determined based on a balance between securing financial resources for long-term growth and
returning to shareholders by comprehensively considering the
business environment such as financial performance, cash flow etc.
In this respect, LG U+ announced its shareholder return policy for FY2024~FY2026 in 2024, as below.
[FY2024~FY2026 Shareholder Return Policy]
Total dividend payout will be determined by allocating at least 40% of the net income according to the
separate financial statements, excluding any one-time non-recurring profits.
Furthermore, the company commits to maintaining the annual cash dividends at a minimum level equal to the
dividend per share paid in fiscal year 2023.
Additionally, under the LG U+ Value-Up Plan disclosed in November 2024, we aim to achieve a
shareholer return ratio of
up to 60% in mid-to-long term, through share buybacks, during fiscal years when sufficient cash flow is
secured.
By communicating with the market through this mid-to-long term dividend policy, LG U+ will
strengthen sustainable management and improve the predictability of shareholder return.
Dividends are discussed in-depth at the board of directors, and the results are immediately communicated
through a ‘Decision on Cash Dividend and Dividend in Kind.’ We are
actively communicating with the market about the expected dividend outlook through the quarterly earnings
results.
Dividend Status (last five years)
Classification | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Par Value Per Share(KRW) | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | |
Net Income | 452,541 | 679,147 | 661,692 | 646,301 | 472,865 | |
Total Dividend | 196,475 | 237,566 | 279,388 | 279,388 | 279,388 | |
Payout Ratio(%) | 43% | 35% | 42% | 43% | 59% | |
Dividend Per Share(KRW) | Interim | - | 200 | 250 | 250 | 250 |
Year-end | 450 | 350 | 400 | 400 | 400 | |
Market Price Dividend Ratio(%) | 3.7% | 3.9% | 5.5% | 6.2% | 6.4% |
- Unit : KRW in millions
