SK Hynix plans to issue a $12.1 billion dividend on huge gains from selling shares in Kioxia

Dong-A Ilbo, citing people familiar with the investment banking industry, reported that SK Hynix is ​​planning to sellJapan About 80% of the profits from Kioxia’s shareholding are returned to shareholders in the form of special dividends, amounting to approximately 16 trillion won (US$12.1 billion).

SK Hynix is ​​expected to announce this special dividend plan when it releases its third-quarter financial results on October 28.

It is estimated that SK Hynix made a profit of about 20 trillion won after deducting the original investment amount from the disposal of its investment in Kioxia in the first and second quarters.

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