LG 2004 Annual Report Download - page 107

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LG Electronics Inc.
Notes to Non-Consolidated Financial Statements
December 31, 2004 and 2003
LG ELECTRONICS ANNUAL REPORT 2004
106
107
24. Dividends
Details of dividends declared for the years ended December 31, 2004 and 2003, are as follows:
Common stock
Preferred stock
(in millions of Korean won)
Dividend ratio (%)
25%
26%
2004 2003
Dividend amount
174,264
22,336
196,600
Dividend ratio (%)
30%
31%
Dividend amount
208,220
26,631
234,851
The Company’s dividend payout ratio for the years ended December 31, 2004 and 2003, is computed as follows:
The Company’s dividend yield ratio for the years ended December 31, 2004 and 2003, is computed as follows:
Dividend per share (A)
Market price as of
balance sheet date (B)
Dividend yield ratio ((A)/(B))
(in Korean won)
Common stock
1,250
58,600
2.13%
2004 2003
Preferred stock
1,300
25,950
5.01%
Common stock
1,500
64,100
2.34%
Preferred stock
1,550
36,000
4.31%
The diluted securities outstanding as of December 31, 2004, are as follows:
(in millions of Korean won, except per share amounts)
Total dividends (A)
Net income (B)
Dividend payout ratio ((A)/(B))
(in millions of Korean won, except for ratios)
2004
234,851
1,545,954
15.19%
2003
196,600
662,824
29.66%
Diluted security
Foreign currency denominated
convertible bonds, issued in 2003
Foreign currency denominated
convertible bonds, issued in 2004
Face value
339,796
(US$287.5)
296,975
(US$250.0)
Conversion period
September 12, 2003
through July 28, 2006
May 18, 2005
through May 7, 2007
Number of shares
of common
stock to be issued
4,920,464 shares
3,049,221 shares
Conversion price
68,900
per share
96,869
per share