Kangwon Land’s board of directors holds final dividend payout for 2023

The board of directors of Kangwon Land, South Korea’s Kangwon Land Casino Resort (pictured), on Friday recommended a final dividend of 930 won (US$0.706) per share for the year ended Dec. 31, 2023.

This represents a 5.6% dividend based on the current market price of the company’s shares, the company said.

According to the data submitted to the Korea Exchange, the total annual dividend for 2023 is approximately KRW 188.55 billion.

The dividend above will be approved at the company’s general shareholders’ meeting on March 28, and if approved, it is likely to be paid on April 26.

Kangwon Land Casino Resort is based on an upland area about 150 kilometers (93 miles) from Seoul, the capital of Korea.

Kangwon Land is the only casino company in the country that can provide services to domestic players, but it recently said it will also market to foreign players.

Kangwon Land’s net profit attributable to owners grew 9.3% year-on-year in 2023 to 345.15 billion won, up 198.5% from 2022.

BY: 카지노사이트

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