Cash Dividend of KRW 250 per Share: Dividend Yield 8.5% and Tax-Exempt Benefit Maximizing Shareholder Value
ILWOUL GML declared a cash dividend of KRW 250 per share, totaling approximately KRW 4.66 billion, representing a market dividend yield of 8.5%.
The dividend will be paid from retained earnings created by reducing capital reserves of KRW 80 billion, and is tax-exempt under relevant tax laws.
Record date is December 31, 2025; payment date is April 17, 2026; approved at the 20th annual general meeting.
Based on the current stock price of KRW 2,440, the dividend yield is approximately 10.25%, which is very high and signals strong shareholder return policy, positively impacting the stock outlook.
[AI Summary]This dividend decision provides a high-yield, tax-exempt payout through capital reserve conversion, significantly enhancing shareholder value. With a market yield of 8.5% and an effective yield over 10% at current price, it strengthens investment appeal.
KOSDAQ Filing Information
Filing: [Correction of Description] Decision on Cash and Stock Dividends