LG Display Co., Ltd. Form 6-K Summary
Business Context and Reporting Period
This Form 6-K was filed by LG Display Co., Ltd. (NYSE: LPL) on January 26, 2022. The filing reports a corporate action taken by the Board of Directors regarding the approval of cash dividends for the period ending December 31, 2021.
Key Financial Metrics
The filing focuses exclusively on dividend distribution details and does not provide comprehensive financial statements such as revenue, profit, cash flow, margins, debt, or liquidity metrics.
- Total Cash Dividend Amount: KRW 232,580,205,000
- Cash Dividend per Common Share: KRW 650
- Dividend Ratio to Market Value: 2.8% (based on the one-week average closing share price prior to two transaction days before the record date)
- Record Date: December 31, 2021
Material Changes
The filing does not contain comparative financial data or material changes in operating performance versus prior periods. The primary event is the Board's ratification of the dividend payment.
Guidance, Outlook, and Contingencies
Management Commentary and Conditions:
- The dividend payment is subject to approval at the Annual General Meeting of Shareholders scheduled for March 2022.
- The final amount is contingent upon the audit results of the independent auditor.
- Payment is expected to be made within one month following the Annual General Meeting.
Key Facts for Investor Verification
- Confirm the outcome of the Annual General Meeting of Shareholders in March 2022 regarding dividend approval.
- Verify the final dividend amount after the independent auditor's review.
- Monitor the actual payment date, which is expected within one month of the shareholder meeting.