Part 1 Introduction
Abstract
Why Dividend policy
Dividend policy is important for investors because it is connected to the enterprise value directly. Recently, it is too much low that investors get profits from dividend payouts as compared with other countries. Dividend policy which creates value to the company and shareholders should be decided with consideration of future investment opportu
2. 배당의 종류
배당은 현금으로 지급되는 것이 보통이지만, 현금이 아닌 주식으로 지급된다거나 이미 발행된 주식을 매입한다거나 또는, 주식의 분할을 통해서 배당을 하게 되는 경우도 있다. 현금으로 지급되는 배당을 현금배당(cash dividend)이라 하며, 현금 이외의 자산으로 지급되는 배당을 비현금
Dollar return / LG U+
100개 구매 가정
Dividend=294.0517*100=29400.17
Capital gain=(7400-7210)*100=19000
Total dollar return=29400.17+19000=48400.17
Total cash if stock is sold=(7210*100)+48400.17=769400.17
Check=7400*100+29400.17=769400.17
Dollar return / SKT
100개 구매 가정
Dividend=8276.514*100=827651.4
Capital loss=(141500-172500)*100=-3100000
Total dollar return=827651.
▪ Company as entering a new stage of
rapid growth / large dividend
would be inappropriate.
▪ Importance of making a strong public
gesture showing that management
believed that Gainesboro had turned
the corner and was about to return to
the level of growth and profitability
seen in the 1980s and ‘90s
▪ Confounding question about the stock
dividends), 건설기간이 장기에 걸치는 대규모사업에 대하여 인정되는 건설이자지급, 미국에서 인정하고 있는 광업회사와 같이 소모성 자산 (Wasting assets) 을 소유하고 있는 회사의 회사자본분배 등을 포함하는 광의의 개념으로 나누어 볼 수 있다. 그러나 통상 배당이란 협의의 개념을 의미한다. 배당지급
is probably due to increase sales in global market with innovative products such as Soul and tiger-nose grilled family looking vehicles like Lotze and Sorrento. From 2008-2009, no dividend was yielded by Ssangyong Motors, and in 2010, due to retained earnings is maintaining negative balance; no dividend will be given this year. Only Renault Samsung Motors had minus growth in earnings per share.
investment amount. If this ratio is high, that means it is more valuable to invest. And you can have more dividend if you invest the company that has high EPS. If two companies' EPS ratio is same, the company that invest less capital did more effective job. Hyundai took the first rank in EPS ratio in 2008, and 2009. Hyundai's EPS in 2009 is increased twice than in 2008, it's because of the
Component of Shareholders’ Equity in a Corporation
Stock – Authorized, Issued, and Outstanding
Authorized shares
shares of stock that are available to issue per its corporate charter
Issued shares
shares of stock that have been offered and sold to shareholders
Outstanding shares
shares of stock that are owned by stockholders
Treasury shares
shares of
구분 2004년 말 2005년 말 2006년 말 2007년 말
㈜ LG 36% 36% 35% 31%
외국인 투자자 33% 40% 42% 37%
국내 개인 및 기관 투자자 31% 24% 23% 32%
공정거래법상 일반 지주회사인
㈜LG는 상장 자회사인 LG전자의
지분을 30% 이상 보유해야 함
1. 배당 수익률이 매우 낮다고 감소 추세다.
2. 시중금리에 비해서 배
Late 1997 after the financial crisis due to interlayer polarization in the labor market share decline, the difficult living and low incomes continue to increase. since 2007 the global financial crisis, rising unemployment, income polarization, deterioration of family income, inflation, Household debt and interest burden due to increased sales of credit by various factors, including difficulties i