Search results for Hanyang Securities
Finance
Capital markets also show economies of scale as big brokerages rush to boost capital
Competition among securities firms to bolster capital is spreading quickly, led by large brokerages, as more businesses link bigger capital bases to revenue growth. KB Securities decided on a 1 trillion won rights offering after earlier support from KB Financial Group. Similar moves include Korea Investment & Securities, Woori Investment & Securities and NH Investment & Securities, while Hanyang Securities also joined. The combined amount totals about 4.65 trillion won this year.
Finance
Securities firms step up shareholder returns as mid-sized brokers raise dividends
South Korean brokerages are stepping up shareholder returns as the industry enjoys a boom, with mid-sized firms increasingly raising dividends. Securities companies are announcing larger payouts ahead of regular shareholders’ meetings later this month. LS Securities, Hanyang Securities, Daol Investment & Securities and others disclosed higher dividends and payout ratios. The shift is seen as tied to the government’s corporate value-up policy and a push to strengthen shareholder returns, as well as tax benefits from separate taxation of dividend income introduced this year.
Finance
Brokerages join \'value-up\' boom with record shareholder returns
South Korean brokerages are announcing unusually large shareholder return policies ahead of annual meetings. Korea Investment Holdings approved a cash dividend of 8,690 won per common share, up 118.1% from a year earlier. Mirae Asset Securities combined cash and stock dividends and included a treasury share cancellation. Samsung Securities and Kiwoom Securities set high per-share dividends, while smaller firms such as Hanyang Securities and DB Securities posted high dividend yields.
