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Samsung shareholders approve 79% increase in dividend

Friday 14 March 2014 | 08:53 CET | News
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Shareholders of Samsung Electronics approved a 79 percent increase in the company's dividend for 2013, to KRW 14,300 per common share and KRW 14,350 per preference share. This includes the interim dividend of KRW 500 per share paid last August. The company's board also agreed to conduct a review with the aim of "significantly" increasing the amount of free cash flow returned to shareholders for 2014, Samsung said in a statement after the AGM. CEO Oh-Hyun Kwon said the company expects the difficult economic conditions to continue this year, while market competition will intensify. Samsung will

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Categories: Mobile & Wireless
Companies: Samsung
Countries: World
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