The Korea Times🇰🇷
Which Korean stocks offer highest dividend yields this year?
DividendsEarnings
High-dividend stocks are drawing renewed attention as Korea enters the year-end payout season with the KOSPI confined to a narrow range, analysts said Sunday. According to financial data provider FnGuide, Korea District Heating Corp. is expected to offer the highest dividend yield this year among listed companies covered by at least three brokerages. The company is projected to pay 6,520 won ($4.69) per share this year, up 363 won from 6,157 won a year earlier, translating into an estimated dividend yield of 8.69 percent. Dividend yield is calculated by dividing the dividend per share by the share price. AJ Networks, a rental service group, ranked next, with an estimated dividend of 343 won per share and a dividend yield of 8.33 percent. Brokerage stocks also featured prominently, buoyed by a strong first-half market rally and a sharp improvement in earnings. NH Investment & Securities is expected to pay a dividend of 2,031 won per share, up 731 won from a year earlier, giving a dividend yield of 7.99 percent.
South Korea
