[Edaily Reporter Kim Hyung-il ] iFamilySC Co., Ltd.(114840), which operates the color cosmetics brand “Rom&,” has decided to pay a quarterly dividend to enhance shareholder value.

On the 13th, iFamilySC Co., Ltd. announced that it held a board of directors meeting and decided to pay a cash dividend of 111 won per common share. The total dividend amount is 1,837,460,000 won, and the dividend yield is 1.24%.

This dividend is for the second quarter of this year, with the record date set for the 28th. The dividend is scheduled to be paid on September 14. The dividend was finalized by a board resolution without requiring separate approval from a shareholders’ meeting.

The total dividend amount was calculated based on 16,553,659 shares—the total number of issued shares (16,681,385) minus 127,726 treasury shares. iFamilySC Co., Ltd. does not apply differential dividends to its common stock.

The dividend yield of 1.24% was calculated based on the arithmetic average of the closing prices on the KOSDAQ market over the one-week period preceding the trading day immediately prior to the decision to pay the quarterly dividend.

iFamilySC Co., Ltd. operates a cosmetics business centered on the color cosmetics brand Rom&, and this quarterly dividend marks a continuation of its shareholder return policy.