SK Telecom halts Q3 2025 dividend; future returns tied to cash flow

Rhea-AI Filing Summary

SK Telecom Co., Ltd. announced it will not distribute any cash dividends for the third quarter of 2025. The decision reflects the company’s recent results of operations and changes in the business environment, and was confirmed following management’s report to the board of directors on October 29, 2025.

The company stated it plans to continue shareholder return efforts to enhance shareholder and corporate value, taking into account future improvements in cash flow and financial conditions. Forward‑looking statements caution that actual outcomes may differ due to risks and uncertainties.

Positive

• None.

Negative

• No cash dividend for Q3 2025, citing operating results and business environment; timing of future distributions depends on cash flow and financial conditions.

Insights

Equity income & corporate actions analyst

SK Telecom skips Q3 2025 dividend; future returns tied to cash flow.

SK Telecom disclosed it will not pay a cash dividend for the third quarter of 2025, citing operating results and a shifting business environment. The decision was confirmed after a management report to the board on October 29, 2025, and announced on October 30, 2025.

For dividend-focused holders, a missed quarterly payout is an immediate income impact. The company indicates shareholder returns will continue, but contingent on future cash flow and financial conditions, which introduces uncertainty around near-term distributions.

The filing does not quantify financial metrics or a timeline for reinstatement. Actual impact will depend on subsequent performance and disclosures regarding cash generation and capital allocation in upcoming periods.

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 OF

THE SECURITIES EXCHANGE ACT OF 1934

FOR THE MONTH OF OCTOBER 2025

Commission File Number: 333-04906

SK Telecom Co., Ltd.

(Translation of registrant’s name into English)

65, Euljiro, Jung-gu

Seoul 04539, Korea

(Address of principal executive office)

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 ☐

Decision Not to Distribute Dividends for the Third Quarter of 2025

On October 30, 2025, SK Telecom Co., Ltd. (the “Company”) announced that it will not distribute any cash dividends for the third quarter of 2025 in light of the Company’s results of operations and changes in the business environment. Such decision was confirmed following the management’s report to the Company’s board of directors on October 29, 2025. The Company plans to continue its shareholder return efforts to enhance shareholder and corporate value, taking into account future improvements in cash flow and financial conditions.

Cautionary Statement Regarding Forward-Looking Statements

The material above contains forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore you should not place undue reliance on them. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results or performance to be materially different from any future results or performance expressed or implied by such forward-looking statements. We do not make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein is, or shall be relied upon as, a promise or representation, whether as to the past or the future. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events. Additional information concerning these and other risk factors are contained in our latest annual report on Form 20-F and in our other filings with the U.S. Securities and Exchange Commission.

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.

SK TELECOM CO., LTD.
(Registrant)
By:		/s/ Hee Jun Chung
(Signature)
Name: Hee Jun Chung
Title:  Vice President

Date: October 30, 2025

FAQ

What did SK Telecom (SKM) announce regarding its Q3 2025 dividend?

The company announced it will not distribute any cash dividends for the third quarter of 2025.

Why is SK Telecom not paying a Q3 2025 cash dividend?

It cited its results of operations and changes in the business environment.

When was the decision on the Q3 2025 dividend confirmed?

It was confirmed following management’s report to the board of directors on October 29, 2025.

Did SK Telecom comment on future shareholder returns?

Yes. It plans to continue shareholder return efforts, considering future cash flow and financial conditions.

What caution did SK Telecom include with this announcement?

It provided forward-looking statements noting risks and uncertainties that could lead to different outcomes.

What form did SK Telecom use to disclose this update?

A Form 6-K report as a foreign private issuer.