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02826K

215,500 KRW
6.5
2.93%
Last update Jun 10, 3:00 PM KST
Market closed
Day range
208,000
219,500
Previous close
222,000
Open
216,000
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Samsung C&T Corporation Preferred
215,500.00
6.50K
2.93%

Overview

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Description

Samsung C&T Corporation Preferred shares represent a unique equity class within Samsung C&T Corporation, one of South Korea's leading conglomerates. Primarily, these preferred shares offer shareholders a higher claim on assets and earnings than common shares, often providing dividends that can be either fixed or floating. While lacking voting rights, preferred shareholders typically receive dividend payments before common shareholders, aligning with the company's strategy to ensure attractive investor returns. Samsung C&T is a vital player in diverse sectors ranging from construction and trading to engineering and textiles. The corporation is well-regarded for its global engineering projects, essential commerce operations, and production of cutting-edge materials. The preferred shares are significant in the market, reflecting Samsung C&T’s robust financial health and potential for stable, albeit limited, growth. They appeal to investors seeking dividend income within the robust South Korean economy, while contributing to the diversified portfolio of Samsung C&T, amplifying its market stance both domestically and internationally.

About

CEO
Mr. Chi Hun Choi
Employees
7884
Address
26 Sangil-ro 6-gil
Gangdong-gu
Seoul, 05288
Phone
82 2 2145 5114
Website
Instrument type
Preferred stock
Sector
Industrials
Industry
Engineering & Construction
Country
South Korea
MIC code
XKRX
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