SK hynix Says It Is Reviewing Additional Shareholder Returns
Photo: TokenPost
SK hynix is expected to return 80% of gains from selling part of its stake in Japanese NAND maker Kioxia to shareholders through a special dividend, a payout the South Korean chipmaker may outline with its third-quarter results Wednesday, Oct. 28. The distribution is expected to be based on gains from the stake sales. The estimated per-share payment is about 15 times SK hynix’s annual regular dividend and 61 times a quarterly payment. Whether to pay it in installments remains under review. SK hynix has not confirmed the payout.
Source: TokenPost
