SK hynix Announces 25% Increase in Dividend Payouts by 2027.

Seoul: SK hynix Inc. has unveiled plans to increase its dividend payouts by 25 percent per share by 2027, aiming to enhance corporate value amidst its rapid expansion in the artificial intelligence (AI) chip market. This announcement, made on Wednesday, is part of a broader strategy to align shareholder returns with the company's growth and financial stability.According to Yonhap News Agency, SK hynix's new shareholder return program will see annual dividends rise from the current 1,200 won to 1,500 won (US$1.08) per share over the next three years. The company projects a total annual dividend payout of approximately 1 trillion won, signaling a commitment to long-term prosperity in collaboration with shareholders. Kim Woo-hyun, vice president and chief financial officer at SK hynix, emphasized the importance of these policies in a statement, highlighting the intention to match the company's growth trajectory with shareholder benefits.The company's strategy comes at a time when it is rapidly increasing its presence in the high bandwidth memory (HBM) sector, a crucial element for AI accelerators. SK hynix's latest HBM3E products are currently supplied to U.S. AI chip giant Nvidia Corp., reinforcing its leadership position in the industry and surpassing its rival Samsung Electronics Co.