SK Telecom Declares Annual Cash Dividend

Sk Telecom ( (SKM) ) has provided an update.

On February 11, 2025, SK Telecom’s Board of Directors resolved to issue an annual cash dividend of 1,050 Korean Won per common share for the fiscal year 2024. This decision reflects a market dividend rate of 1.9% and involves a total payout of 223.53 billion Korean Won. The announcement also highlighted interim dividends previously paid throughout 2024 and indicated that the dividend payment date will be set within one month of the yet-to-be-determined general meeting of shareholders. The decision underscores SK Telecom’s commitment to returning value to shareholders, and the dividend rate is calculated based on the average closing price of the company’s common stock on the KOSPI Market.

More about Sk Telecom

SK Telecom Co., Ltd. is a leading telecommunications company based in Seoul, South Korea. The company primarily offers wireless communication services and is a major player in the Korean market, focusing on mobile, internet, and media services.

YTD Price Performance: 1.98%

Average Trading Volume: 231,160

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $8.04B

Learn more about SKM stock on TipRanks’ Stock Analysis page.