Lee Jae-yong Receives 399.3 Billion Won in Personal Dividends Alone... What If You Add the Three Samsung Heiresses?

[The Financial News] Dividend payouts by domestically listed companies increased 15.3% in just one year, expanding by more than 6 trillion won. Samsung Electronics Chairman Lee Jae-yong received 399.3 billion won in dividends last year, maintaining his position as the top individual dividend earner. Hyundai Motor Group Chairman Chung Euisun saw his dividends rise 13.1% from a year earlier and climbed to second place for the first time.
Leaders Index on the 24th released an analysis of dividend payments at 694 companies for which year-on-year comparison was possible, based on disclosures as of the 20th.
According to the results, Lee Jae-yong of Samsung Electronics ranked first in individual dividend income. He received 399.3 billion won in dividends last year, up 15.2% from 346.6 billion won the previous year.
He was followed by Hyundai Motor Group Chairman Chung Euisun. Chung received 197.6 billion won, an increase of 13.1% from 174.7 billion won a year earlier, putting him in second place among individual dividend recipients for the first time.
Chung’s father, Honorary Chairman Chung Mong-koo, received 165.9 billion won, down 12.3% from 189.2 billion won the previous year, making him the only one among the top 10 whose dividend income declined. The reduction in dividends from Hyundai Steel appears to have played a role.
The 4th to 6th spots were all taken by the three Samsung heiresses.
Hotel Shilla President Lee Boo-jin’s dividends rose 8.0%, from 148.3 billion won to 160.2 billion won. Hong Ra-hee, honorary director of the Leeum Museum of Art, saw her dividends increase 3.7%, from 146.6 billion won to 152.2 billion won. Samsung C&T executive director Lee Seo-hyun, who is in charge of corporate strategy, received 121.1 billion won, up 5.8% from 114.5 billion won.
Next came SK Group Chairman Chey Tae-won with 104 billion won, followed by Asan Foundation Chairman Chung Mong-joon and LG Group Chairman Koo Kwang-mo, who received 84 billion won and 79.6 billion won in dividends, respectively. Hankook & Company Chairman Cho Hyun-bum also made the top 10 with 65.9 billion won.
A total of seven companies paid out dividends exceeding 1 trillion won last year.
Samsung Electronics was the only company whose dividends surpassed 10 trillion won, distributing 11.1079 trillion won. This represents an increase of 1.2971 trillion won, or 13.2%, from the previous year.
Kia paid out 2.6425 trillion won in dividends, up 3.3% from 2.559 trillion won a year earlier, taking second place. Its affiliate Hyundai Motor distributed 2.6183 trillion won, a 16.8% decrease from 3.1478 trillion won the previous year.
SK hynix paid 2.0951 trillion won in dividends, a 37.8% jump from 1.5201 trillion won a year earlier, moving up to fourth place in dividend scale.
y27k@fnnews.com Seo Yoon-kyung Reporter