Daishin Securities will submit key agenda items, including a dividend decision, to its upcoming regular shareholders meeting.

Daishin Securities said on March 10 it held a board meeting on March 9 and decided to place on the shareholders meeting agenda items including cash and in-kind dividend decisions. The items will be finalised after approval at the regular shareholders meeting on March 24 and a board resolution.

Daishin Securities resolved to pay dividends of 1,200 won per common share, 1,250 won per preferred share and 1,200 won per 2우B. The total dividend is about 94.4 billion won. The dividend record date is March 27.

Daishin Securities set the period through 2028 as a "capital expansion period" and plans to focus on strengthening equity capital and bolstering business competitiveness. A key focus is building a capital base with a view to entering the super-sized investment banking business.

It set the period through 2030 as an "earnings expansion period" and presented a target of achieving a consolidated return on equity of 10 percent.

The strategy is to create a virtuous cycle by increasing earnings through capital expansion and then strengthening shareholder returns. It said that after the capital expansion is completed, capacity for returns could increase further alongside earnings growth.

Starting this year, it will also push for tax-free dividends using capital reserves. The aim is to reduce the tax burden for individual shareholders and raise the effective dividend yield.

The board also put forward other items including approval of financial statements for the 2025 fiscal year, approval of plans to hold and dispose of treasury shares, and the appointment of directors. The director appointment agenda includes the reappointment of Vice Chairman Hongseok Yang (양홍석) and the appointment of Executive Vice President Seung-wook Jin (진승욱) as a registered director.

Minwook Jung (정민욱), head of management planning at Daishin Securities, said, "We will maintain a stable dividend policy while building a foundation for growth through capital strengthening and bolstering business competitiveness." He added, "We will enhance profitability and corporate value and also expand shareholder returns."