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Samsung may boost dividend by 50%

  • Looking to boost returns to shareholders amid a slump in earnings, Samsung Electronics (OTC:SSNLF, OTC:SSNGY) is considering increasing its full-year dividend by as much as 50%. A final decision will be made by its board at the end of January.
  • The dividend announcement comes less than a month after the electronics maker said it will buy back $2B of stock amid a company-wide restructuring.
  • Samsung paid out 14,300 won ($13) per share in dividends last year.

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Samsung Electronics Co., Ltd.