Dividend Policy
In order to increase shareholder value and give shareholders a chance to earn better returns, the LG Chem comprehensively considers investment, cash flow, financial structure, and dividend stability when determines its dividend payout. In this regard, on October 14, 2020, the LG Chem announced medium-to-long-term dividend policies as follows.

① We aim to maintain a dividend payout ratio of 30% or more based on consolidated financial statements net income (excluding one-time non-recurring income)
② We work to eliminate uncertainties due to spin-off and to increase shareholder value, with a cash dividend of at least KRW 10,000 per common share is promoted for the next three years (2020 ~ 2022) 

As described above, we will maintain a constant dividend payout ratio policy in the medium to long-term and continue to strive to increase corporate and shareholder value. In addition, we will communicate with the market by providing information on expected future dividends to be paid in the next year through conference calls at least once a year.
Dividend Summary for Last 10 Fiscal Years
(Face Value Per Share: 5,000 Won, Unit : KRW bn)
Dividend Summary for Last 10 Fiscal Years : 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011, 2010, 2009, Consolidated Net income, Total dividends, Dividend Payout Ratio (%), DPR at face (%), : Common, : Preferred, Dividend per share (won), : Common, : Preferred, Dividend Yield Ratio (%), : Common, : Preferred
Division 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Consolidated Net income 313 1,473 1,945 1,281 1,153 868 1,266 1,495 2,138 2,158
Total dividends 154 460 460 368 331 295 295 295 295 295
Dividend Payout Ratio (%) 151.84 49.02 31.24 23.65 28.73 28.73 33.93 23.26 19.71 13.78
DPR at face (%) Common 200 40 120 120 100 90 80 80 80 80
Preferred 201 41 121 121 101 91 81 81 81 81
Dividend per share (won) Common 10,000 2,000 6,000 6,000 5,000 4,500 4,000 4,000 4,000 4,000
Preferred 10,050 2,050 6,050 6,050 5,050 4,550 4,050 4,050 4,050 4,050
Dividend Yield Ratio (%) Common 1.2 0.6 1.7 1.5 1.9 1.3 2.1 1.4 1.2 1.2
Preferred 2.7 1.2 3.1 2.5 2.8 1.8 2.8 2.6 3.8 3.7