NI Steel Declares Quarterly Cash Dividend of 75 Won Per Share with 2.47% Market Dividend Yield
NI Steel announced a quarterly cash dividend of 75 won per share, approved by the board on July 20, 2026. The total dividend amount is 2,114,047,800 won excluding 412,813 treasury shares, with a record date of June 30, 2026.
The market dividend yield is 2.47% based on the average closing price of the prior week, and payment is scheduled for August 10, 2026. The dividend was finalized without a shareholder meeting.
[AI Summary]NI Steel's quarterly dividend decision reflects a stable shareholder return policy, with an annualized yield of approximately 9.9% if sustained. The dividend amount represents 2.4% of market cap, indicating manageable financial impact.