SK Hynix exploring additional shareholder return plans

SK Hynix confirmed its quarterly dividend will be 375 won per share, equivalent to approximately 1.8 Chinese renminbi. The company also stated it is actively researching additional shareholder return plans aimed at enhancing shareholder value. Details regarding these measures are expected to be finalized and announced within the third quarter.

The semiconductor manufacturer has seen rising revenues, driven by strong demand for memory chips fueled by the artificial intelligence boom. However, shareholders have not seen significant returns from this market upswing, as Korean companies typically maintain low dividend payout ratios. Shareholder pressure has intensified, particularly after SK Hynix's listing in the U.S. through American Depositary Shares (ADS).

Adding complexity, SK Hynix has distributed substantial performance bonuses to its employees in recent years. Questions from shareholder groups about whether these bonuses have encroached upon their entitled profits have led to investigations involving the company's CEO.