Samsung Shareholder Returns Surge 70T Won via Dividends and Buybacks

Bank of America projects Samsung Electronics will deploy 50% of free cash flow for a 30T won special dividend and 40T won buyback, signaling aggressive capital return.

Woofun AI reports that Bank of America anticipates Samsung Electronics will allocate 50% of its free cash flow toward shareholder returns. The bank forecasts a special dividend exceeding 30 trillion won in the third or fourth quarter, alongside a share repurchase program valued at over 40 trillion won in the first half of 2027. An annual dividend of 30 trillion won is expected in April 2027, with an additional 30 trillion won earmarked for employee compensation buybacks.

Regarding SK Hynix, Bank of America expects a similar 50% free cash flow return policy.

However, the allocation will favor share buybacks over cash dividends. The bank projects SK Hynix will spend more than 40 trillion won on repurchases and over 20 trillion won on dividends.