[6-K] POSCO Holdings Inc. American Current Report (Foreign Issuer)

Rhea-AI Filing Summary

POSCO Holdings Inc. (PKX) filed a Form 6-K to notify investors of a procedural change in how quarterly dividend record dates are set following an amendment to its Articles of Incorporation approved at the March 2025 AGM. Previously, the record dates were fixed at the end of March, June, and September. Going forward, the record date will be the specific date approved by the Board of Directors (BoD), allowing investors to know the exact dividend amount before committing capital.

The company confirmed that the record date for the FY2025 second-quarter dividend will be determined at the BoD meeting scheduled for August 2025. Therefore, shareholders listed on the registry at the end of June 2025 will not automatically qualify for the Q2 dividend; eligibility hinges on being on the shareholder registry as of the BoD-designated date. Dividend declaration, payment amounts, and distribution decisions remain subject to future BoD resolutions.

Positive

• Enhanced dividend transparency: Investors will know dividend amounts prior to the record date, helping capital-allocation decisions.

Negative

• Increased timing uncertainty: Shareholders must monitor BoD announcements to ensure eligibility, adding administrative complexity.

Insights

Corporate Governance Expert

TL;DR: POSCO gives its board flexibility on dividend record dates; impact largely procedural.

The shift from calendar-based to board-determined record dates modernises POSCO’s dividend governance, aligning with global best practices that prioritise transparency of payable amounts before the ex-date. While this promotes fairness and may reduce pricing inefficiencies around expected dividends, it introduces timing uncertainty until the BoD decision in August 2025. Because the filing does not alter payout policy or signal payout levels, the disclosure is operational rather than financial. Investor impact is neutral unless the BoD materially changes dividend size or timing, information that is explicitly deferred.

Portfolio Manager

TL;DR: Administrative change; no cash‐flow effect yet, keep an eye on August BoD.

From a portfolio perspective, today’s 6-K does not revise earnings outlook, payout ratios, or cash deployment plans. The only actionable insight is that index trackers and dividend-capture funds must monitor the August BoD meeting for the definitive Q2 record date. Liquidity or valuation should remain unaffected until the actual dividend amount is declared. Consequently, the event is non-material in the near term.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15D-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of June, 2025

Commission File Number: 1-13368

 

 

POSCO HOLDINGS INC.

(Translation of registrant’s name into English)

 

 

POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, Korea, 06194

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒    Form 40-F ☐

 

 

 

Other Management Information(Voluntary Disclosure)

 

1. Title	  	Notice on the Quarterly Dividend Record Date following the amendment to the Articles of Incorporation
 	 
2. Details	  	1. In order to practice advanced dividend distribution procedures of ‘determining dividends before the record date’ enabling investors to invest after checking dividend amounts to receive, the record date for the quarterly dividends has changed from ‘At the end of March, June, and September each year’ to ‘the date determined by the resolution of the Board of Directors’ through amendment of the Articles of Incorporation at the Annual General Meeting of Shareholders held on March 2025.   (Before revision) At the end of March, June, and September each year   (After revision) The record date determined by the resolution of the Board of Directors   2. The record date for the Company’s 2nd quarter dividends for FY2025 is to be determined at the Board of Directors meeting in August 2025. Please be informed that being listed on the Company’s registry of shareholders as of the end of June in 2025 does not grant entitlement to 2nd quarter dividends. Shareholders must be listed on the registry as of the 2nd quarter dividend record date for FY2025 to be eligible to receive quarterly dividend.
 	 
3. Decision Confirmation) Date	  	June 19, 2025
 
4. Other references useful for making investment decisions
 
- Details such as whether to distribute dividends and dividends size are decided at the Board of Directors.
 	 
Title and date of other disclosure related to this one	  	‘The Results of the 57th Ordinary General Meeting of Shareholders’ disclosed on March 20, 2025

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

	 		 		 	POSCO HOLDINGS INC.
	 		 		 	(Registrant)
Date: June 20, 2025	 		 	By	 	/s/ Han, Young-Ah
	 		 		 	(Signature)
	 		 		 	Name: Han, Young-Ah
	 		 		 	Title: Senior Vice President

FAQ

Why did POSCO Holdings (PKX) change its quarterly dividend record date procedure?

To allow investors to see declared dividend amounts before the record date and adopt a more flexible, board-driven schedule.

When will the Q2 2025 dividend record date be set for PKX?

August 2025, at the Board of Directors meeting.

Does being a shareholder at the end of June 2025 ensure receipt of the Q2 2025 dividend?

No. Eligibility depends on being on the shareholder registry as of the BoD-designated date, not 30 June 2025.

Were dividend amounts or payout ratios disclosed in this Form 6-K?

No. Dividend size and whether to distribute remain subject to a future BoD resolution.

Is the change expected to affect POSCO’s total dividend payout?

The filing does not discuss payout levels; it solely addresses the timing mechanism.