LG.Philips to pay $0.8 per share in dividends

SEOUL Jan 15 (Reuters) - Display maker LG.Philips LCD Co Ltd (034220.KS) said on Tuesday it would pay 750 won ($0.802) per share in year-end dividends for a total 268.4 billion won, its first ever dividend payment.

LG.Philips shares ended 3.O4 percent higher 45,750 won, overperforming the wider market's .KS11 1.07 percent fall after announcing record quarterly profits after the close on Monday.

LG Philips was formed as a joint venture in 1999 between South Korea's LG Electronics (066570.KS) and Philips (PHG.AS) of the Netherlands. ($1=934.7 WON) (Reporting by Lee Jin-joo; Editing by Keiron Henderson)