Analyst Summary
- KT Corp set March 31, 2025, as the record date for its quarterly dividend.
- The purpose of setting the record date is to determine shareholders entitled to receive the quarterly dividend.
- The decision on the payment and amount of the quarterly dividend will be resolved by the Board of Directors.
- An amendment to Article 49-2 of the Articles of Incorporation will be voted on at the AGM on March 31, 2025, to allow the Board of Directors to set the record date for quarterly dividends starting from the second quarter of 2025.
Potential Implications
Stock Price
- The announcement of a quarterly dividend and the setting of a record date could positively influence investor sentiment and potentially increase the stock price.
- The amendment to the Articles of Incorporation, allowing the Board of Directors to determine the record date for dividends, may provide more flexibility and could be viewed favorably by investors.