SEOUL: Korea Gas Corp., the world's biggest importer of liquefied natural gas, may guarantee a minimum dividend payment to support its shares, which last month fell to a one-year low on concern South Korea will reduce gas prices.
Korea Gas, which has pledged to redistribute half its profit to shareholders, plans to pay at least 1,700 won (US$1.70) per share this year, even if earnings fall as a result of tariff cuts, Jeong Yong Seb, an assistant manager at the Seongnam, Korea- based company's finance team, said yesterday.
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