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SK Hynix weighs $12.1 billion special dividend, newspaper says

SK Hynix weighs $12.1 billion special dividend, newspaper says

- 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))

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