HMM dangles dividends for first time since 2011

After achieving a second consecutive record high profit in 2021, HMM is offering dividends for the first time in 11 years.

The dividends, totalling US$240 million or 48 cents per share, were proposed on 14 March and will be put up for approval at a shareholders’ meeting on 29 March.

This works out to a dividend yield of 2.2% per share, which is higher than the average market dividend rate of 2.1% paid by the 100 largest companies listed on the Korea Composite Stock Price Index for the past three...

https://container-news.com/hmm-dangles-dividends-for-first-time-since-2011/

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