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Foreigners take 5.7 tln won in dividend payments in 2015

All Headlines 10:58 March 01, 2016

SEOUL, March 1 (Yonhap) -- Foreign investors are estimated to have received 5.7 trillion won (US$4.6 billion) in dividend payments from their shareholdings in South Korea last year, data showed Tuesday.

According to the data compiled by industry tracker FnGuide, 710 companies from the country's main bourse and tech-heavy KOSDAQ market that close their books in December handed out 36.4 percent of the combined dividends to overseas investors.

Foreigners accounted for 37.9 percent of the dividends handed out by 361 listed firms on the main KOSPI market, up 5.7 percentage points on-year.

As for the KOSDAQ, overseas investors accounted for 11.2 percent of the combined dividends of 883.5 billion won rolled out by 349 companies.

Market behemoth Samsung Electronics Co. handed out the largest amount of dividends to foreigners estimated at 1.45 trillion won, followed by Shinhan Financial Group with 376 billion won.

Local carmakers also offered massive dividends to foreigners, with No. 1 Hyundai Motor Co. giving out 290 billion won, followed by Kia Motors Corp. with 176.5 billion won. Hyundai Mobis Co., a leading car parts producer and part of Hyundai Motor Group, provided 172.5 billion won in dividends.

colin@yna.co.kr
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