Foreign Investors Profit in S. Korea

Foreign investors have received almost 15 trillion won ($13 billion) in dividends from South Korea’s top 10 conglomerates over the past three years on the back of shareholder-friendly policies, industry data showed Sunday, Yonhap reported. According to the data compiled by industry tracker chaebul.com, Samsung Group, Hyundai Motor Group and eight other business groups have paid a combined 14.67 trillion won in dividends to foreign investors over the past three years. In 2014, foreign investors received a combined 4.24 trillion won in dividends from the country’s top 10 groups, but the figure surged to 4.78 trillion won in 2015 and an estimated 5.65 trillion won last year, the data showed.