Samsung Display will pay out dividends for the first time since its establishment in 2012, according to the Korean press. The move will result in Samsung Electronics receiving approximately 5.6 trillion won ($4.2 billion) in dividends.
During a shareholders’ meeting this week, Samsung Display decided to distribute 25,400 won ($18.61) per share in dividends, totaling 6.65 trillion won ($4.9 billion). Samsung Electronics, the biggest shareholder of Samsung Display with an 84.8% stake, is laughing all the way to the bank. Apparently, Samsung Electronics requires substantial cash reserves to fund its significant investments in the semiconductor industry,.
