010950 - S-Oil Corporation

010950 Summary
Energy
Stock Price & Overview
₩157,300 +9,400 (+6.36%) Close · Sep 4, 2026 KST
KOSPI | ₩KRW | Close: ₩157,300  ≈ US$112  ·  Market cap ₩17.7tn (≈ $12.6bn)

010950 Dividend Summary

Dividend per share, FY2025₩330Yield at last close0.21%
Yield reported by the company (FY-end)0.30%Payout ratio (consolidated)21.8%
Total cash dividends₩38.5bnEarnings per share₩1,519
Consecutive years paid (on file)5DPS growth, 5-year CAGR
Dividend decisions filed in 20263Preferred share DPS₩355
Per-share and payout figures are the company's own, from the dividend section of its DART annual report. 'Yield at last close' divides that per-share amount by the latest KRX close; the company-reported yield uses the fiscal-year-end price.

010950 Dividend History

Fiscal yearDPS (common)ChangeYield (FY-end)PayoutTotal cash ₩bnEPSDPS (preferred)
FY2025₩330+164.0%0.30%21.8%38.5₩1,519₩355
FY2024₩125-92.6%0.20%14.6₩-1,659₩150
FY2023₩1,700-69.1%2.40%20.9%198.0₩8,149₩1,725
FY2022₩5,500+44.7%6.20%30.4%640.4₩18,075₩5,525
FY2021₩3,8004.30%32.1%442.5₩11,840₩3,825
FY20200.1₩-6,839₩25
FY2019₩200-73.3%0.20%35.7%23.4₩561₩225
FY2018₩750-87.3%0.70%33.9%87.4₩2,216₩775
FY2017₩5,900-4.8%4.70%55.1%687.0₩10,706₩5,925
FY2016₩6,200+158.3%7.31%59.9%721.9₩10,353₩6,225
FY2015₩2,400+1,500.0%2.97%44.3%279.5₩5,422₩2,425
FY2014₩1500.30%17.6₩-2,473₩175
Annual totals per fiscal year, interim and year-end combined, as reported in the annual report filed the following March. A year-end dividend for FY2025 is paid in April 2026.

010950 Dividend Decisions (filings)

All filings »
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S-Oil refiles its interim dividend to correct a mistyped preferred yield

This is a corrected version of the interim dividend S-Oil declared the day before. The substance is unchanged: ₩800 per share on both common and preferred stock, ₩93.1bn in total, record date August 25 and payment September 15. The correction is one number — the market-price yield on the preferred class, filed as 0.0% and restated as 1.3%. The stated reason is simply "typographical correction." Against S-Oil's 2025 net income of about ₩177bn, this single interim payment absorbs more than half a year's earnings, which says more about how weak 2025 refining margins were than about any change in dividend policy. Against the ₩17.0tn market capitalization it is about 0.5%.

Dividend08/11/26kstock explained
₩93.1bn≈ $67m
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S-Oil declares ₩800 a share for both common and preferred, ₩93.1 billion total

The original August 10 declaration of S-Oil's interim dividend, superseded the next day by a corrected filing that fixed a mistyped preferred yield. Terms: ₩800 per share on common stock and ₩800 on the preferred class, ₩93.1bn altogether, with ₩3.07bn of that going to preferred holders. Record date August 25, payment September 15. The total excludes 184,080 treasury preferred shares the company holds itself. For a refiner that earned ₩236bn of operating profit on ₩34.2tn of revenue in 2025 — a margin under one percent — a ₩93bn distribution is a substantial commitment against a thin earnings base.

Dividend08/10/26kstock explained
₩93.1bn≈ $67m
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S-Oil sets August 25 as the record date for its ₩800 interim dividend

The date-fixing half of S-Oil's August 10 interim dividend decision. It names August 25, 2026 as the record date for determining who receives the ₩800 per share payment declared in the companion filing, cites Article 45 of the company's articles of incorporation as the basis, and confirms that holders are identified by record date alone without any closing of the share register. Five outside directors attended and none were absent. No amount appears in this document; it exists to pin the date to the calendar so the exchange and the settlement system can work backwards from it.

Dividend08/10/26kstock explained
A Korean dividend arrives as two filings: the board's cash-dividend decision (amount, record date, payment date) and, for year-end dividends, a shareholder-register closing notice.

How Korean dividends work

  • Record date and amount. Traditionally the record date was the fiscal year-end (December 31) and the amount was only set at the board meeting and AGM in February–March, so investors bought before knowing the payout. Under the 2023 procedure reform, companies that amended their articles now fix the amount first and set the record date afterwards; many large caps have adopted this, others still use the year-end date.
  • Ex-dividend. KRX settles T+2, so a share goes ex-dividend one business day before the record date. Year-end dividends are paid within a month of the AGM that approves them, typically April.
  • Interim and quarterly dividends need a provision in the articles; a minority of large companies pay quarterly, most pay once a year.
  • Withholding tax. Korea withholds 22% (20% plus local tax) from non-resident holders by default; the Korea–US treaty lowers it to 15% (10% for a corporate holder of at least 10%), subject to your broker filing the treaty paperwork. Residents pay 15.4%.
  • Preferred shares (“우선주”) usually carry a slightly higher per-share dividend than common shares and no vote.

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What a US investor should know

  • Trading hours09:00–15:30 KST — 20:00–02:30 US Eastern the night before.
  • Daily limitKorean stocks can move at most ±30% in a session before trading halts.
  • Getting exposureKRX shares are not directly tradable in most US brokerage accounts. The usual routes are Korea ETFs or an international account.
  • ReportingKorean issuers file to DART, not the SEC. Half-year and quarterly reports land about 45 days after period end.