SGI announces quarterly dividend for 2 consecutive quarters

Seoul Guarantee Insurance (SGI) said Wednesday that it has decided on a quarterly dividend of 573 won ($0.42) in cash per common share. The dividend per share is set at approximately 1.3 percent of the stock price, with the total dividend payout amount of about 40 billion won. The record date for the dividend is Nov. 18 and the payment date is scheduled for Dec. 2. Following a dividend payout of 30 billion won in the previous quarter, SGI confirmed a quarterly cash dividend for the second consecutive quarter. In August, the company unveiled its "corporate value enhancement plan and implementation status for 2026," setting a target of over 200 billion won in shareholder returns for this year — representing a shareholder return ratio of at least 50 percent — and became the first in the industry to implement quarterly dividends. Both the dividend and the dividend per share have increased slightly compared to the previous quarter. Quarterly dividends are expected to provide shareholders with faster access to cash, creating more opportunities generating returns, including expanded chances