Shinyoung Securities said it announced a mid- to long-term shareholder return policy for Hanssem, maintaining its target stock price of 135,000 won and its investment opinion of "buy.".
"Hanssem announced its mid- to long-term shareholder return policy on the 22nd," said Shinyoung Securities Co. "The policy was announced unusually quickly in about a month since the board of directors' resolution to sign a stock trading contract with IMM Samo Fund on Oct. 25.".
"Hanssem plans to pay quarterly dividends from the first quarter of next year after revising its articles of association at an extraordinary shareholders' meeting on Dec. 8, and plans to pay a minimum annual dividend payout ratio of 50 percent from the first quarter of next year," Shinyoung Securities said.
"The expected controlling net profit based on next year's consensus is 94.3 billion won, which is about 47 billion won if 50 percent is applied.". Shinyoung Securities explained, "The estimated remodeling sales this year is about 900 billion won, with a 30% share of the domestic remodeling market and annual sales of 5 trillion won.".
Reporter Lee Dong-hoon usinvestmentidea2020@gmail.com
