Shinhan Asset Management Lists New 'SOL Korea High Dividend ETF'
Shinhan Asset Management has newly listed the 'SOL Korea High Dividend ETF' on the stock exchange in response to recent governmental policy changes and tax reforms. This high dividend equity ETF incorporates strategies such as separation taxation benefits on dividend income, dividend cuts, and share buybacks, making it an attractive choice for investors. The ETF comprises 20 companies selected for their high dividend yields and strong financial health, along with 10 companies recognized for high performance in dividend cuts and share buybacks. The first dividend distribution is scheduled for November 17, with an anticipated annual dividend yield of 6.68%.
A key differentiator for this ETF is its focus on selecting companies that have implemented dividend cuts, a strategy that sets it apart from other dividend-focused products. Shinhan Asset Management has designed the fund to maximize tax benefits by allowing additional weighting for companies that receive such advantages during stock weight allocation. This results in the ability to set a maximum weighting of up to 7% per company. These strategic decisions are expected to enhance the long-term value of the assets, providing an appealing outlook for investors.
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Shinhan Investment Management, New Listing of SOL Korea High Dividend ETF - meconomynews.comShinhan Asset Management announced on the 23rd that it will list a monthly dividend product 'SOL Korea High Dividend' ETF (Exchange-Traded Fund), which reflects the new government's policy changes and tax reform characteristics, on the securities market. This ETF is a high-dividend ETF that incorporates dividend income separate taxation, reduced dividend benefits, and the effect of share buybacks in its strategy. It selects 20 stocks with high expected dividend yields from companies with healthy dividend growth and financial structures, and adds 10 more companies with excellent reduced dividend implementation and share buyback yields to form a portfolio of 30 stocks. Top portfolio stocks include Woori Financial Group, Hana Financial Group, Kia, Hyundai Motor, and Shinhan.
Shinhan Asset Management, New Listing of SOL Korea High Dividend ETF - ETodayShinhan Asset Management has listed the 'SOL Korea High Dividend Exchange Traded Fund (ETF)' on the 23rd, reflecting the latest dividend trends such as changes in new government policies and tax reform.
Shinhan Asset Management Lists New 'SOL Korea Dividend ETF' - Metro NewspaperShinhan Asset Management has introduced a monthly dividend exchange-traded fund (ETF) in response to changes in the domestic dividend investment environment and government policy trends. The company announced that it will list the monthly dividend product 'SOL Korea High Dividend' ETF on the securities market on the 23rd. The ETF offers benefits such as separate taxation on dividend income and reduced dividend benefits, and