ESG Vision
FST continuously strives towards the sustainable development based on ESG Management.
Corporate Governance
FST actively take responsibility through the establishment of a transparent governance structure.
01Dividend Policy
In accordance with the articles of incorporation, dividends may be declared through resolutions of the board of directors and approval at the general meeting of shareholders. We are committed to gradually expanding dividends with the goal of enhancing shareholder value. In the future, we will strive to ensure that appropriate dividends are distributed by considering various factors such as ongoing investments for the company's sustainable growth, financial structure, market value of the stock, dividend scales of similar industries, dividend stability, management performance, and cash flow situations.
02Provisions related to dividends
The Company allocates retained earnings before disposal for each fiscal year as follows
- Disposition of Profit
- ① Legal reserve for profit(legal reserve under the Commercial Act)
- ② other legal reserves
- ③ dividends
- ④ discretionary reserves
- ⑤ other amounts for the disposition of retained earnings
① Profits can be distributed in cash and in shares.
- 이익배당
- ① In the case of distributing profits in the form of shares, when the company issues multiple types of shares, the shareholders' meeting resolution may allow the distribution in other types of shares.
- ② Dividends under paragraph 1 shall be paid to shareholders or registered pledgees as of the end of each fiscal year according to the shareholder registry at the time.
① The right to claim dividend payments becomes extinct if not exercised within 5 years.
- Statute of Limitations for the Claim of Dividend Payment
- ② Dividends extinguished due to the completion of the statute of limitations in paragraph 1 belong to the company.
03Dividend Status
| Dividend Status | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|
| Dividend Classification | Year-End Dividend | Year-End Dividend | Year-End Dividend |
| Dividend Type | Cash Dividend | Cash Dividend | Cash Dividend |
| Dividend per Share (KRW) | 50 | 100 | 130 |
| Common Stock (KRW) | 19,596,452 | 19,596,452 | 19,713,306 |
| Dividend Yield (%) | 0.2 | 0.62 | 0.41 |
| Dividend Payout Ratio (%) | -5.41 | 4.8 | 9.08 |
| Total Dividend Amount (Billion KRW) | 10 | 19 | 26 |
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