Korean Air to pay out dividends for 1st time since 2018

• Published date: 28 February 2023
• Publication title: The Korea Times

Korean Air Lines Co., South Korea's national flag carrier, said Monday it will pay out dividends for the first time in four years after reaping a record profit last year on the back of robust cargo flights.

Korean Air held a board meeting earlier and decided to deliver 750 won (US$0.58) per common share and 800 won per preferred share in dividends.

The payout will cost the company about 277.1 billion won.

Korean Air last handed out dividends in 2018 when it paid...