Isehara Machines (2) – Part 2

Secretary Seon-Hye Yee brought another cup of jujube tea to Gun-Ho's office and served it to the internal auditor. The internal auditor took a sip of the tea and said to Gun-Ho, "Since we are now a public company, we should distribute dividends, shouldn't we, sir?"

"I think we should. How much do you think would be adequate?"

"I'm not sure, sir. We will have to see the year-end financial statement to be certain about the amount for dividends, but my guess is that each shareholder will probably get about 350 won per share."

Gun-Ho, who was always good and quick at mental computation, took out a calculator this time.

"Assuming we make net earnings of 10 billion won this year… since the total number of stocks issued is 26 million, that will make it 384.6 won to be exact."

The internal auditor took the calculator that Gun-Ho just used, and he calculated something and said, "GH Mobile owns 9 million shares, so it will receive 3.46 billion won as a dividend this year then."