Shinhan Asset Management Initiates Monthly Dividend Payout for Palantir ETFs

Shinhan Asset Management recently announced the initiation of monthly dividend payments for its 'SOL Palantir Covered Call OTM Bond Hybrid' and 'SOL Palantir US Treasury Covered Call Hybrid' ETFs. The former ETF offers a dividend of 230 KRW per share, equivalent to an annualized dividend rate of 26.28%, while the latter distributes 150 KRW per share at an annualized rate of 17.16%.
These ETFs invest in the leading global AI software firm, Palantir, utilizing a covered call strategy to pursue stable capital gains and monthly dividend yields. This strategy provides tax benefits on option premium profits, particularly attractive for pension account investments. Palantir's recent expansion in the AI software sector and its growing base of government and corporate clients further enhances its appeal as an underlying asset for these ETFs.
Both ETFs present attractive yield opportunities through stable monthly dividends, coupled with a favorable tax structure. In particular, the 'SOL Palantir Covered Call OTM Bond Hybrid' ETF offers a relatively high dividend yield, adding to its investor appeal. Such details provide crucial insights for investors considering these ETFs.
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Shinhan Asset Management, Palantir Covered Call ETF First Dividend… Annual Distribution Rate 17-26% - SBS BizShinhan Asset Management announced that the 'SOL Palantir Covered Call OTM Bond Mix' and 'SOL Palantir US Treasury Covered Call Mix' ETFs, launched last April, will pay their first monthly dividends today (2nd). The distribution per share is 230 won for the covered call OTM bond mix product and 150 won for the US Treasury covered call mix, with an annualized distribution rate (based on the closing price as of May 28)…
SOL Palantir Covered Call ETFs First Monthly Dividend Payment...Annualized Distribution Rate of 26.28% - Financial NewsShinhan Asset Management announced that it will pay the first monthly dividend on October 2 for the 'SOL Palantir Covered Call OTM Bond Mix' and 'SOL Palantir US Treasury Covered Call Mix' ETFs launched last April. The SOL Palantir Covered Call OTM Bond Mix ETF involves partial participation in Palantir's stock price increase and generates an annual yield of 18% through option premiums...
Shinhan Asset Management to Pay First Monthly Dividends for Two 'SOL Palantir Covered Call' ETFs - DailyanShinhan Asset Management is set to pay the first monthly dividends for its 'SOL Palantir Covered Call OTM Bond Mixed' and 'SOL Palantir US Treasury Covered Call Mixed' ETFs, which were launched this April. According to Shinhan Asset Management, these ETFs will pay their first monthly dividends on the 2nd. The expected distribution per share for 'SOL Palantir Covered Call OTM Bond' is not yet detailed.