Shareholder Return Policy
Shareholder Return Policy
With the establishment of Mid- to Long-Term Shareholder Return Policy, Hyundai Motor aims to maximize the shareholder value. With transparent dividend policy quarterly dividend, and treasury share cancellation, HMC seeks to strengthen shareholder-freindly policies.
Hyundai Motor's Mid- to Long-Term Shareholder Return Policy
Dividend Policy
Payout Ratio ≥ 25%
Ensure the predictability and transparency in dividend policy by setting minimum payout ratio.
Quarterly dividend
Implementation of Quarterly Dividends
Change from semi-annual dividends to quarterly dividends
Cancellation of Treasury Shares
Cancellation of Treasury Shares (3%) within 3 years
Strengthen shareholder value and trust through cancellation of treasury shares.
Dividend Details
(Unit: 100 Million Won)
| Category | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|
| Total Dividend | 10,795 | 10,795 | 10,662 | 10,535 | 7,855 | 13,007 | 18,304 | 29,987 |
| Net Income (Controlling Interset) | 54,064 | 40,328 | 15,081 | 29,800 | 12,244 | 49,424 | 73,644 | 119,617 |
| Dividend Payout Ratio | 20% | 26.8% | 70.7% | 35.4% | 55.1% | 26.3% | 24.9% | 25.1% |
| Dividend Yield(%) | Common: 2.8 Preferred 1: 4.2 Preferred 2: 4.0 Preferred 3: 4.5 |
Common: 2.6 Preferred 1: 4.4 Preferred 2: 4.0 Preferred 3: 4.6 |
Common: 3.3 Preferred 1: 5.7 Preferred 2: 5.4 Preferred 3: 6.0 |
Common: 3.3 Preferred 1: 5.4 Preferred 2: 4.9 Preferred 3: 5.5 |
Common: 1.6 Preferred 1: 3.4 Preferred 2: 3.4 Preferred 3: 3.5 |
Common: 2.4 Preferred 1: 5.0 Preferred 2: 4.9 Preferred 3: 5.2 |
Common: 4.5 Preferred 1: 8.8 Preferred 2: 8.8 Preferred 3: 9.1 |
Common: 4.7 Preferred 1: 7.4 Preferred 2: 7.3 Preferred 3: 7.5 |
Dividend History
(Units: Won)
| Dividend record date | Dividend payment date | Common share | Preferred series 1 | Preferred series 2 | Preferred series 3 |
|---|---|---|---|---|---|
| 2024.03.31 | 2024.05.14 | 2,000 | 2,000 | 2,000 | 2,000 |
| 2024.02.29 | 2024.04.19 | 8,400 | 8,450 | 8,500 | 8,450 |
| 2023.09.30 | 2023.11.14 | 1,500 | 1,500 | 1,500 | 1,500 |
| 2023.06.30 | 2023.08.14 | 1,500 | 1,500 | 1,500 | 1,500 |
| 2022.12.31 | 2023.04.21 | 6,000 | 6,050 | 6,100 | 6,050 |
| 2022.06.30 | 2022.08.09 | 1,000 | 1,000 | 1,000 | 1,000 |
| 2021.12.31 | 2022.04.22 | 4,000 | 4,050 | 4,100 | 4,050 |
| 2021.06.30 | 2021.08.10 | 1,000 | 1,000 | 1,000 | 1,000 |
| 2020.12.31 | 2021.04.23 | 3,000 | 3,050 | 3,100 | 3,050 |
| 2019.12.31 | 2020.04.17 | 3,000 | 3,050 | 3,100 | 3,050 |
| 2019.06.30 | 2019.08.09 | 1,000 | 1,000 | 1,000 | 1,000 |
| 2018.12.31 | 2019.04.19 | 3,000 | 3,050 | 3,100 | 3,050 |
| 2018.06.30 | 2019.08.14 | 1,000 | 1,000 | 1,000 | 1,000 |
※ Due to the change in the Articles of Incorporation at the 55th Annual General Meeting, the dividend record date is set after the dividend announcement since 2023.