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SK Hynix to announce shareholder-return measures amid report of $12 billion dividend
Reuters says SK Hynix will announce shareholder-return measures October 28; Bloomberg, citing DongA Ilbo, reports a possible $12 billion dividend.
TLDR
Reuters reports SK Hynix said it will announce shareholder-return measures with its quarterly results on October 28. Bloomberg, citing DongA Ilbo, reports the chipmaker plans a special dividend of about 16 trillion won ($12 billion), returning about 80% of gains from selling down its stake in Japan’s Kioxia. Reuters describes the dividend as under consideration.
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