Shareholder Return Policy
With the establishment of Mid- to Long-Term Shareholder Return Policy, Hyundai Motor aims to maximize the shareholder value. With transparent dividend policy quarterly dividend, and treasury share cancellation, HMC seeks to strengthen shareholder-freindly policies.
Hyundai Motor's Mid- to Long-Term Shareholder Return Policy
Dividend Policy
Payout Ratio ≥ 25%
Ensure the predictability and transparency in dividend policy by setting minimum payout ratio.
Quarterly dividend
Implementation of Quarterly Dividends
Change from semi-annual dividends to quarterly dividends
Cancellation of Treasury Shares
Cancellation of Treasury Shares (3%) within 3 years
Strengthen shareholder value and trust through cancellation of treasury shares.
Dividend Details
(Unit: Billion won)
| Category | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|
| Total Dividend | 10,795 | 10,795 | 10,662 | 10,535 | 7,855 | 13,007 | 18,304 | 29,987 |
| Net Income (Controlling Interset) | 54,064 | 40,328 | 15,081 | 29,800 | 12,244 | 49,424 | 73,644 | 119,617 |
| Dividend Payout Ratio | 20% | 26.8% | 70.7% | 35.4% | 55.1% | 26.3% | 24.9% | 25.1% |
Dividend History
(Units: Won)
| Dividend record date | Dividend payment date | Common share | Preferred series 1 | Preferred series 2 | Preferred series 3 |
|---|---|---|---|---|---|
| 2024.03.31 | 2024.05.14 | 2,000 | 2,000 | 2,000 | 2,000 |
| 2023.09.30 | 2023.11.14 | 1,500 | 1,500 | 1,500 | 1,500 |
| 2023.06.30 | 2023.08.14 | 1,500 | 1,500 | 1,500 | 1,500 |
| 2022.12.31 | 2023.04.21 | 6,000 | 6,050 | 6,100 | 6,050 |
| 2022.06.30 | 2022.08.09 | 1,000 | 1,000 | 1,000 | 1,000 |
| 2021.12.31 | 2022.04.22 | 4,000 | 4,050 | 4,100 | 4,050 |
| 2021.06.30 | 2021.08.10 | 1,000 | 1,000 | 1,000 | 1,000 |
| 2020.12.31 | 2021.04.23 | 3,000 | 3,050 | 3,100 | 3,050 |
| 2019.12.31 | 2020.04.17 | 3,000 | 3,050 | 3,100 | 3,050 |
| 2019.06.30 | 2019.08.09 | 1,000 | 1,000 | 1,000 | 1,000 |
| 2018.12.31 | 2019.04.19 | 3,000 | 3,050 | 3,100 | 3,050 |
| 2018.06.30 | 2019.08.14 | 1,000 | 1,000 | 1,000 | 1,000 |
※ Due to the change in the articles of incorporation of the 55th regular