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The Korea Herald
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THE INVESTOR
April 27, 2024

Samsung

Samsung chief highest dividend income earner

  • PUBLISHED :February 27, 2017 - 11:49
  • UPDATED :February 27, 2017 - 11:49
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[THE INVESTOR] Lee Kun-hee, the ailing chief of South Korea’s top conglomerate Samsung Group, again topped the ranking of dividend income earners, data showed on Feb. 27.

According to the data compiled by market tracker FnGuide, dividend payouts to Lee, chairman of the group’s flagship Samsung Electronics, stood at 189.9 billion won (US$167.60 million) so far this year. Lee, who owns a 3.5 percent stake in the tech firm, is set to earn 137.1 billion won in dividends from the electronics giant.

Hyundai Motor Group Chairman Chung Mong-koo came in second with 77.3 billion won in dividend income. SK Group Chairman Chey Tae-won came third with dividend earnings worth 60.9 billion won.

A total of 27 major shareholders, mostly owners of family-run business conglomerates, or chaebol, of listed firms earned more than 10 billion won each in dividend income, according to the data.

(theinvestor@heraldcorp.com)

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