(MENAFN) According to a South Korean regulatory filing, the country's largest automaker Hyundai Motor plans to raise dividend payment from next year, Xinhua reported.
Hyundai will lift dividend payment for 2014, paid in early 2015, and consider ways of returning corporate profits to shareholders, such as interim dividend, from 2015, the company said in a statement.
The carmaker is reportedly mulling a 30-50 percent hike in its annual dividend. Hyundai paid out USD1.8 per common share in early 2014. The hike would increase the annual dividend to 2,500-3,000 won.
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