The Korea Securities Depository said it will have to buy the company's shares by the 26th to receive dividends from listed corporations that have settled in December.
To be eligible for dividends from listed corporations in December settlement, they must hold stocks as of December 31, because if they are purchased, they will be settled two business days later, not on the day of trading, reflecting their holdings in shareholder securities accounts.
The Korea Securities Depository emphasized that the last day to hold stocks within this year is the 26th, except for two business days from the 30th, as the 31st is the closing day of the stock market.
If you buy it on the 27th, a day later than the 26th, the stock payment will be made on January 2nd next year, so you will not be able to be recognized for holding stocks as of the end of this year.
The Korea Securities Depository also said that in some cases, the company has changed its articles of association to set the dividend base date for settlement on a date other than December 31, and that the company should confirm the base date by public announcement and buy it two business days in advance.
In the case of holders of real stock certificates, the right to dividends can only be recognized by electronic registration in the securities company's account by the 31st, or by writing their names on the real stock certificates and registering them in the shareholders' list.
If real sovereignty is not subject to electronic registration, you must visit the transfer agency by the 31st to transfer your title or visit a securities company branch by the 27th to receive your account.
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