Payout ratio (배당성향)

The share of a year's net profit that a company pays out as cash dividends.
Also known as: Cash dividend payout ratio

What it is

Payout ratio = total cash dividends ÷ net profit. A company earning KRW 100bn that pays KRW 30bn in dividends has a 30% payout ratio. Korean annual reports disclose it, usually on a consolidated basis.

How to read it

A higher ratio means more of the profit goes back to shareholders; a lower ratio means more is reinvested or used to pay down debt. Banks, telecoms and utilities tend to be higher; growth industries lower.

What to keep in mind

Above 100% the company paid out more than it earned, which is hard to sustain. A one-off profit drop can spike the ratio, so check whether dividends per share have held or grown over several years.

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This explanation is general information, not investment advice. Rules reflect September 2026 and may change; check official exchange and broker notices.