Hyundai Motor Co., South Korea's top automaker, is expected to determine the amount of its first-ever interim dividend payout this week, the latest in a series of measures to appease shareholders, industry sources said Wednesday.
  

The amount and timetable for its interim dividend payout will be determined during a board meeting to be held in the middle of this week, according to the sources.
  

This would mark the first time for Hyundai Motor to deliver interim dividend to its shareholders, in line with the company's efforts to raise its dividend payment to the global standard.
  

Hyundai Motor paid 3,000 won ($2.6) per share in dividends to common shareholders late last year, which was 54 percent higher than it paid the year before. Earlier this year, it said that it is actively considering paying interim dividends.
  

Market experts expect that Hyundai Motor will likely determine the amount of the interim dividend payout at around 1,000 won apiece.
  

Hyundai Motor has been pushing to employ shareholder friendly measures ever since its stock prices plunged in the wake of its purchase of a plot of land for its new headquarters in southern Seoul by paying around 10 trillion won, for which it was under fire for spending too much on real estate.
  

Weighed by unfavorable market conditions along with investors worries over the cash spending on land, Hyundai Motor shares fell below 130,000 won apiece recently for the first time in over five years. (Yonhap)