Hyundai, Kia's dividend payout ratios lag far behind global peers
Jan 25, 2015
Despite their recent announcements to pay higher cash dividends to investors, South Korea's two leading carmakers, Hyundai Motor Co. and Kia Motors Corp., lag far behind global rivals in terms of payout ratio, data showed Sunday.Last week, Hyundai said it will pay a cash dividend of 3,000 won ($2.77) per share to its shareholders, up 54 percent from what it paid a year earlier. It would cost the company around 817.3 billion won in total.Its sister Kia also raised its cash dividend payout to 3,00