Overview
Description
LG Household & Health Care is a South Korean company offering a range of consumer products, including cosmetics, personal care, and household goods. A key financial instrument associated with the company is its preferred stock. LG H&H Preferred Stock represents an equity stake that typically grants holders a priority claim on dividends, often at a specified rate. This class of stock may not carry voting rights like common stock, but investors commonly seek it for its potential steady income payouts due to the priority of dividend distribution.
The preferred shares play a significant role in LG H&H's capital strategy by providing an alternative source of equity financing, which can help mitigate dilution of common shareholders' stakes while appealing to investors desiring stable returns. Particularly in sectors like consumer goods, where LG Household & Health Care maintains a strong foothold through brands such as The History of Whoo and O HUI, preferred stock allows for financial flexibility. In the broader market context, LG H&H Preferred Stock adds depth to investment portfolios focused on stable, income-generating assets within the consumer goods industry, reflecting the company's robust market presence and financial health.
About
CEO
Ms. Jung Ae Lee
Employees
4325
Address
LG Gwanghwamun Building
58, Saemunan-ro Jongno-gu
Seoul
58, Saemunan-ro Jongno-gu
Seoul
Phone
82 8 0850 5330
Website
Instrument type
Common stock
Sector
Consumer Defensive
Industry
Household & Personal Products
Country
South Korea
MIC code
XKRX