#SKHynixToDiscloseShareholderReturnInQ3 BofA expects both Samsung Electronics and SK Hynix to announce concrete details on shareholder returns.
For Samsung specifically, the shareholder return program — utilizing 50% of FCF — would take three main forms:
(1) A special dividend of over KRW 30tn to be paid in Q3 or Q4
(2) Share buybacks of over KRW 40tn in 1H 2027
(3) A year-end dividend of KRW 30tn scheduled for payment in April 2027
Separately, there would also be over KRW 30tn in share buybacks for employee compensation.
For SK Hynix, BofA likewise expects 50% of FCF to be returned to shareholders, but with greater weight on buybacks than on cash dividends — for example, over KRW 40tn in share buybacks and over KRW 20tn in cash dividends.$SKHYNIX
$ICNT
$SAMSUNG
For Samsung specifically, the shareholder return program — utilizing 50% of FCF — would take three main forms:
(1) A special dividend of over KRW 30tn to be paid in Q3 or Q4
(2) Share buybacks of over KRW 40tn in 1H 2027
(3) A year-end dividend of KRW 30tn scheduled for payment in April 2027
Separately, there would also be over KRW 30tn in share buybacks for employee compensation.
For SK Hynix, BofA likewise expects 50% of FCF to be returned to shareholders, but with greater weight on buybacks than on cash dividends — for example, over KRW 40tn in share buybacks and over KRW 20tn in cash dividends.$SKHYNIX
$ICNT
$SAMSUNG