S. Korean nat'l pension fund in push to increase dividend payments by Namyang Dairy
- 5 years ago
Last month, Korea's biggest institutional investor, the National Pension Service, made its first moves as an active shareholder.
Now it's doing it again -- planning to push a major dairy company, Namyang, to pay more dividends.
Since last year, the NPS has had a policy of acting to raise profitability at the companies it has a stake in... and enhance value for shareholders.
The NPS has a 6-point-6 percent share in Namyang Dairy.
The company has been criticized for paying small dividends despite its high earnings.
Now it's doing it again -- planning to push a major dairy company, Namyang, to pay more dividends.
Since last year, the NPS has had a policy of acting to raise profitability at the companies it has a stake in... and enhance value for shareholders.
The NPS has a 6-point-6 percent share in Namyang Dairy.
The company has been criticized for paying small dividends despite its high earnings.