The company said it will raise its quarterly cash dividend by 5%, from $1.30 to $1.36 per share, or $5.44 on an annualized basis.

8-KOther EventsFiled Sep 19, 2024Period of report Sep 19, 2024Summary published (UTC) Oct 29, 2026

Key points

AI summary

The company said it will raise its quarterly cash dividend by 5%, from $1.30 to $1.36 per share, or $5.44 on an annualized basis.
The company said the increased dividend will be payable on November 12, 2024 to stockholders of record as of October 31, 2024, contingent upon formal declaration by the board of directors at its regular meeting in October.
The company said the announcement marks 21 consecutive years of dividend increases and reflects its policy of returning all free cash flow to its owners over time.
The company filed the news release on the dividend increase as Exhibit 99 to this Form 8-K under Item 8.01, Other Events, dated September 19, 2024; the release includes a forward-looking statements notice.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Plan to Raise Quarterly Cash Dividend by 5%

The company said it will raise its quarterly cash dividend by 5%, from $1.30 to $1.36 per share, or $5.44 on an annualized basis.

Source · Based on the filing body and exhibits

Dividend Payment Date and Record Date

The company said the increased dividend will be payable on November 12, 2024 to stockholders of record as of October 31, 2024, contingent upon formal declaration by the board of directors at its regular meeting in October.

Source · Based on the filing body and exhibits

21 Consecutive Years of Dividend Increases and Return of Free Cash Flow

The company said the announcement marks 21 consecutive years of dividend increases and reflects its policy of returning all free cash flow to its owners over time.

Source · Based on the filing body and exhibits

Dividend Increase Disclosure Format and Outlook Notice

The company filed the news release on the dividend increase as Exhibit 99 to this Form 8-K under Item 8.01, Other Events, dated September 19, 2024; the release includes a forward-looking statements notice.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

Unauthorized scraping, data storage and database creation prohibited

Without prior written consent, you must not crawl or scrape data compiled and organized by Chickstock or its analysis and summaries, or collect them repeatedly or in bulk for storage, ingestion or database creation. Repurposing, redistribution, sale and use to build other services are also prohibited.

Unauthorized use may result in access restrictions, demands to stop infringement and delete copies, and claims for damages. Violations of applicable law may also give rise to criminal liability.

Uses permitted by law, the Terms of Service or a separate agreement remain subject to their respective scope. Rights in individual source materials, including original filings, remain with their respective rights holders.