Shareholder Structure

NameNumbers of SharesStake
Kakao4,946,82120.97
Kakao Entertainment4,554,22019.31
HYBE2,212,2379.38
Treasury Stock722,2793.06
Others11,153,96547.28
Total23,589,522100
* 2024.06.30

(Unit: Shares, %)

Dividend Payments

Division20192020202120222023
Par value per share (KRW)500500500500500
Dividend per share (KRW)2001,2001,200
Total payout47284281
Net income (Consolidated)(162)(803)1,332820826
Net income (Parent)123(300)610687649
Payout ratio (Consolidated)3.5%34.6%34.0%
Payout ratio (Parent)7.7%41.3%43.3%
Dividend yield0.3%1.6%1.3%
* Dividend yield is based on annual Business Report for the respective year.

(Unit: KRW 100M)

Shareholder Return Policy

2023 – 2025
  1. SM Entertainment will carry out the following, maintaining net debt/expected annual EBIT ratio of 0.5~1.0x (based on standalone financial statements)
  2. Make investments established in the business plan in advance, reserving some cash in preparation for potential investment,
  3. Secure financial resources for shareholder return to the extent that net debt does not exceed the target net debt,
  4. And use this for shareholder return.
  5. In addition, if the financial resources for shareholder return are lower than 30% of standalone net income, 30% of standalone net income will be returned to shareholders.

※ Announced on Feb 7th, 2024
※ SM Entertainment plans to re-announce the shareholder return policy every three years or when needed.

2022 – 2024
  1. SM Entertainment has established a shareholder return policy to enhance shareholders’ value.
  2. SM Entertainment will return at least 20% of standalone net income to shareholders for three years(FY2022-FY2024).

※ Announced on Jan 20th, 2023
※ SM Entertainment plans to re-announce the shareholder return policy every three years.