Dividend Policy

Dividend Policy Graph

(Unit : KRW Bil.)

Dividend Policy List
Division 2020 2021 2022 2023 2024
Dividend Rate 24% 26% 26% 0% 6%
Dividend 96 110 110 0 25
Net Income 312 408 339 △482 246
Payout Ratio 30.80% 27.00% 32.50% 0.00% 10.4%
Dividend Yield 3.40% 3.10% 5.70% 0.00% 1.6%
Dividend Type cash cash cash cash cash
Dividend Per Share 1,200 1,300 1,300 0 300

□ Our company has disclosed the mid-to-long term dividend policy as follows in relation to the disclosure obligation on February 14th.

※ GS E&C would like to provide guidance on our dividend policy for the next 3 years(FY2024 to FY2026) to enhance predictability for shareholders and other investors.

  <Mid-to-Long Term Dividend Policy>

  - Our dividend policy aims to reflect the characteristics of a construction company by distributing at least 20% of adjusted net income attributable to controlling shareholders based on the consolidated financial statements.
  - Currency related gains and losses will be excluded when calculating the adjusted net income attributable to controlling shareholders based on the consolidated financial statements.
  - The medium-to-long term dividend policy may be subject to change based on comprehensive considerations of the business environment and the company's financial situation. Detailed information regarding dividends for each fiscal year will be determined through resolutions by the Board of Directors or equivalent.