HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Exchange
Disclosure Title : Mid-Long term dividend policy
1.
Details of the policy
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Return 30~50% of annual free cash flow to shareholders
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Target global auto industry peers’ level of payout ratio
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Explain rapid changes in dividend amount in the future
2.
Others:
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The above is subect to change depending on future business environment.