Search results for Hanyang Securities
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.
People
Shinhan Investment CEO Lee Seon-hoon joins youth gambling eradication campaign
Shinhan Investment & Securities said on Tuesday its CEO, Lee Seon-hoon, joined a relay campaign led by the Seoul Metropolitan Police Agency to eradicate illegal youth gambling. The campaign is a society-wide movement launched to raise awareness of the risks of illegal cyber gambling targeting teenagers and to prevent gambling-related crime. Lee nominated Park Chang-hoon of Shinhan Card and Kim Byung-chul of Hanyang Securities to join next.