SOL Korea High Dividend ETF Posts Substantial Initial Monthly Dividend
Shinhan Asset Management's 'SOL Korea High Dividend' ETF has exceeded expectations in just a month and a half since its listing, announcing an initial monthly dividend of 95 KRW per share. This ETF has rapidly gained popularity among investors since its debut in September, with an initial monthly distribution rate of approximately 0.86%, ranking it among the highest in domestic high dividend ETFs.
Retail investors have shown significant interest in this product, with net purchase amounts reaching 21.5 billion KRW on the first listing day and a cumulative net purchasing amount of 112.5 billion KRW to date. This performance is attributed to strategic dividend policies like the separation of dividend income taxation, reduced dividends, and treasury stock cancellation, offering considerable benefits to investors.
The portfolio includes notable financial and manufacturing companies such as Woori Financial Group, Hana Financial Group, Shinhan Financial Group, Hyundai Motor, KIA, KT&G, Samsung Life, and Samsung Fire & Marine, ensuring high stability. This composition secures dividend stability and provides long-term investment attractiveness.
As of now, the 'SOL Korea High Dividend ETF' boasts a net asset value of 147 billion KRW, a 14-fold increase from its initial launch of 10 billion KRW, signaling promising future growth potential.
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SOL Korea High Dividend ETF, 95 KRW per Share Dividend…Monthly Yield 0.86% - Hans EconomyHans Economy = Choi Cheon-uk, Reporter | Shinhan Asset Management announced on the 17th that the 'SOL Korea High Dividend ETF', which was listed in September, would pay a dividend of 95 KRW per share, marking its first monthly dividend payment. The monthly yield is around 0.86%, placing it at the top among major domestic high dividend ETFs. This product actively reflects the government's latest dividend policy stance, such as the separate taxation of dividend income. It has garnered attention since its listing day, with individual investors' net purchases amounting to 21.5 billion KRW. As of the 14th, the cumulative net purchase amount by individual investors stands at 112.5 billion KRW, maintaining its overwhelming lead among domestic high dividend ETFs.
Shinhan Asset Management 'SOL Korea High Dividend', First Monthly Dividend Payment... Individual Net Purchase of 110 Billion Won - Metro NewspaperShinhan Asset Management's 'SOL Korea High Dividend' ETF, which is conducting its first monthly dividend, was ranked at the top among high-dividend ETFs in terms of monthly distribution rate. Shinhan Asset Management announced that the 'SOL Korea High Dividend' ETF, listed last September, will pay its first monthly dividend on the 17th. The expected distribution amount is 9 per share.
SOL Korea High-Dividend ETF Pays its 'First Monthly Dividend'... Distribution Rate at 0.86% - Financial NewsShinhan Asset Management announced on the 17th that the 'SOL Korea High-Dividend Exchange-Traded Fund', listed in September, will pay its first monthly dividend. Kim Jung-hyun, head of the ETF business at Shinhan Asset Management, mentioned that the SOL Korea High-Dividend ETF swiftly reflects changes in domestic dividend policy enhancements and aims to maximize the actual dividend yield...
Shinhan Asset Management, First Monthly Dividend for 'SOL Korea High Dividend' - EdailyShinhan Asset Management announced that it will distribute the first monthly dividend for the 'SOL Korea High Dividend' ETF on the 17th. The scheduled distribution is 95 won per share, calculated based on one and a half months since its listing. The monthly distribution rate is approximately 0.86%, ranking among the top in major domestic high-dividend ETFs. ...