Hyundai, Kia lag behind overseas rivals in dividend payouts
Aug 5, 2014
South Korea's top two automakers -- Hyundai Motor Co. and Kia Motors Corp. -- lagged behind their overseas rivals last year in terms of dividend payout ratio, one of the reasons for their low valuations, data showed on Tuesday.Hyundai Motor, the country's top automaker, paid 6.2 percent of its net profit to shareholders last year, higher than the 6 percent ratio posted in 2012, according to the data compiled by Meritz Securities Co.Hyundai's dividend payout ratio, a percentage of earnings a comp