SK Hynix weighs $12.1 billion special dividend, newspaper says
SK Hynix weighs $12.1 billion special dividend, newspaper says SEOUL, Oct 26 (Reuters) - SK Hynix 000660.KS is considering a special dividend of about 16 trillion won ($12 billion), funded by gains from selling its stake in Japanese memory chip maker Kioxia 285A.T, South Korean newspaper Dong-A Ilbo reported on Monday.
The newspaper said the company could unveil the plan alongside third-quarter earnings on Wednesday.
SK Hynix could not be reached for comment outside of normal business hours.
($1 = 1,323.6000 won)
(Reporting by Hyunjoo Jin and Joyce Lee; Editing by Tom Hogue)
((joyce.lee@tr.com))