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Posco (PKX.N)

PKX.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

POSCO says annual cash dividend for FY 2016
Wednesday, 25 Jan 2017 03:06am EST 

POSCO <005490.KS> : Says it will pay annual cash dividend at 5,750 won/share for FY 2016 . Says total dividend amount is 459.99 billion won .Says dividend payable to shareholders of record on Dec. 31, 2016.  Full Article

POSCO to pay quarterly dividend as 1,500 won/share
Thursday, 4 Aug 2016 04:41am EDT 

POSCO <005490.KS>: Says it will distribute 1,500 won per share as quarterly dividend to shareholders recorded on June 30 . Says dividend will be paid on Aug. 24 .Says total dividend amount is 120 billion won.  Full Article

Posco to pay quarterly dividend of 1,500 won per common share
Thursday, 4 Aug 2016 04:29am EDT 

Posco <005490.KS>: Says to pay a quarterly dividend of 1,500 won per common share Further company coverage: [005490.KS] (Reporting By Se Young Lee) ((Vincentsy.Lee@thomsonreuters.com;)).  Full Article

POSCO says posts equity method losses from Australia's Roy Hill mine in Q2
Thursday, 21 Jul 2016 03:50am EDT 

South Korea steel giant Posco <005490.KS> says: To pay quarterly dividend from Q2 . Sees demand for shipbuilding steel falling sharply next year . Recorded 14.4 billion won ($12.67 million) in equity method losses from Australia's Roy Hill iron ore mine in Q2 ($1 = 1,136.5800 won) (Reporting by Hyunjoo Jin) ((hyunjoo.jin@thomsonreuters.com ; 82-2-3704-5685; Reuters Messaging: hyunjoo.jin.thomsonreuters.com@reuters.net)).  Full Article

POSCO M-TECH signs 18.03 bln won contract with POSCO
Monday, 27 Jun 2016 01:05am EDT 

POSCO M-TECH CO.,LTD. <009520.KQ>: Says it signs an FeMn factory operation & maintenance contract with POSCO<005490.KS> .Says contract price of 18.03 billion won.  Full Article

POSCO M-TECH signs 14.7 bln won contract with POSCO
Wednesday, 22 Jun 2016 11:10pm EDT 

POSCO M-TECH CO.,LTD. <009520.KQ>: Says it signs an Fe-Si factory operation & maintenance contract with POSCO<005490.KS> .Says contract price of 14.7 billion won.  Full Article

Fuelcell Energy announces Asian market update
Thursday, 26 May 2016 08:30am EDT 

Fuelcell Energy Inc : Commencement of construction of a 20 megawatt fuel cell park in seoul, south korea . Project owner of 20 megawatt fuel cell park is noeul green energy co., ltd .Fuelcell energy announces asian market update.  Full Article

POSCO to merge with wholly owned subsidiary
Sunday, 21 Feb 2016 05:14pm EST 

POSCO:To merge with a wholly owned subsidiary, POSCO Green Gas Technology Co., Ltd, which is engaged in the manufacture and sale of synthetic natural gas.Merger effective date of May 1 and registered date of May 16.The company will survive and the subsidiary will be dissolved after the merger.  Full Article

POSCO declares annual cash dividend for 2015
Thursday, 28 Jan 2016 02:14am EST 

POSCO:To pay annual cash dividend of 6,000 won per share for 2015.Dividend payment on April 11, to shareholders of record on Dec. 31, 2015.Total dividend amount 479,973,888,000 won.  Full Article

POSCO issues 2016 revenue outlook below analysts' estimates
Thursday, 28 Jan 2016 01:47am EST 

POSCO:Sees revenue of 24,300 bln won for 2016.2016 revenue of 62,442.40 bln won - Thomson Reuters I/B/E/S.  Full Article

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UPDATE 1-POSCO Q4 operating profit up 40 pct, but misses estimates

* Sees 54.8 trln won 2017 revenue; slight rise in global demand