Samsung Electronics is to pay 13 trillion won worth of dividends to shareholders, the largest number ever.
According to the Financial Supervisory Service's electronic disclosure system on Friday, Samsung Electronics will pay 354 per share for the existing settlement dividends (355 won for preferred shares) and 1578 won per share for special dividends. Accordingly, the total amount of dividends for Samsung Electronics, which includes regular settlement dividends and special dividends, is amounted to 13 trillion 124.3 billion won.
The amount of dividends received by the family and the largest shareholder exceeds 1 trillion won. As of the end of last year, the late Chairman Lee Kun-hee owned 4.18% of Samsung Electronics' common stocks and 0.08% of preferred stocks, receiving a dividends worth 746.2 billion won. It all went to his heirs, including Vice Chairman Lee Jae-yong.
In addition, Vice-Chairman Lee owns 0.70% of Samsung Electronics' common stocks and of Hong Rahee, former Director of Leeum owns 0.91% . Vice-Chairman Lee receives 125.8 billion won, and former Director Hong receives 162 billion won.
The National Pension Service, a major shareholder, also collects more than 1 trillion won in dividends. As of the end of last year, the National Pension Service, which owns a 10.70% stake, received a total of 1 trillion 250.3 billion won, including 1 trillion 233.9 billion in common stocks and 16.4 billion won in preferred stocks.
The amount of dividends allocated to foreign companies is estimated to be around 7.74 trillion won. As of the end of last year, foreign companies’ stakes in common and preferred shares of Samsung Electronics were 55% and 79%, respectively.
The total amount of dividends paid to individual investors who own Samsung Electronics stocks through the so-called “Donghak Ant” is expected to be about 800 billion won. Each person is expected to receive an average of 350,000 won. As of the end of last year, minor individual shareholders who owned Samsung Electronics' common stocks totaled 2145317, with a 6.48% stake. Individual investors have a 17% stake in preferred stocks.
The amount of dividends allocated to foreign investors is estimated at 7.74 trillion won. Usually, foreign dividends are often used as funds for domestic stock investment. Therefore, it is expected that the buying of stocks with good performance prospects could become concentrated. There is also a possibility that the dividends will be reinvested in Samsung Electronics.