Samsung Electronics today announced five further enhancements to its shareholder return program.

• For 2016 and 2017, the Company will allocate 50 percent of free cash flow (“FCF”) to shareholder returns, which is at the top of the 30-50 percent range announced in 2015.
• The Company will increase total dividends in 2016 by 30 percent compared with 2015, bringing the annual dividend amount to 4 trillion won. Taking into account the recent share buybacks and cancellations, this will result in a 36 percent rise in 2016 dividends per share, to 28,500 won.
• The remaining portion of 50 percent of FCF after the dividend payouts, plus 0.8 trillion won from 2015, will be used to repurchase shares starting at the end of January 2017. The repurchased shares will be cancelled.
• Samsung Electronics will initiate quarterly dividend payments starting in April 2017.
• The Company will seek to further enhance its capital allocation policy to improve shareholder returns beyond 2017.

https://news.samsung.com/global/samsung-electronics-announces-comprehensive-roadmap-to-enhance-long-term-shareholder-value-creation