Mirae Asset Management Modifies Distribution Method for TIGER REIT Real Estate Infrastructure ETF
Mirae Asset Management has announced a change in the distribution method for the 'TIGER REIT Real Estate Infrastructure' ETF, transitioning to an equal payout structure of approximately KRW 33 per share monthly. This decision aids in building a consistent record of distribution dividends, allowing for a more accurate calculation of the expected distribution rate. For the current year, the distribution rate is projected at around 9%, reflecting positive expectations for annual dividends and stock price increases within the REITs sector.
The TIGER REIT Real Estate Infrastructure ETF stands as the largest of its kind in South Korea, featuring a diverse portfolio of high-quality real estate investments. The robust 5-year track record enhances the credibility among investors, enabling them to predict a reasonable distribution rate. Furthermore, the dividend guidance for its holdings, alongside the dividends received earlier this year, suggests increased stability and predictability for future distributions.
Related ETF
Related News
Mirae Asset REITs Real Estate ETF Switches to Equal Distribution of Dividends - SBS BizMirae Asset Global Investments announced today (26th) that it is changing the distribution method of its 'TIGER REITs Real Estate Infrastructure' ETF to equal payments. Originally, the ETF had varying monthly dividends due to the characteristic of REITs (Real Estate Investment Trusts) stocks having dispersed dividend record dates each month, but it will now be distributed equally at around 33 won per share.…
Related ETF
Mirae Asset Management Changes Distribution Method of 'TIGER REITs Real Estate Infrastructure' - E-TodayMirae Asset Management announced on the 26th that starting this month, the distribution method for the 'TIGER REITs Real Estate Infrastructure ETF' will be changed to an equal distribution method.
Related ETF