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Hyundai appeases shareholders with plumper dividends

Following a disappointing 2014 and muted sales projections for this year, Hyundai is increasing its annual dividend by 54%, but is it enough to appease concerned shareholders?

Hyundai has been grabbing headlines with hefty investment plans, an expensive new Seoul headquarters and innovative retail approaches, but the latest financial results cast a decided shadow over the OEM. For 2014, its sales revenue rose 2.2% to Won 89.26tr (US$82.3bn), but operating profit fell 9.2% to Won 7.55tr and net profit contracted 14.9% to Won 7.65tr.

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