Samsung Asset Management Launches Monthly Dividend ETF Investing in Taiwanese Tech Companies
Samsung Asset Management has launched and listed the 'KODEX Taiwanese Tech High Dividend Dow Jones' ETF, which provides monthly dividends and invests in Taiwanese tech companies. The ETF follows an index methodology developed from SCHD, a prominent US dividend ETF, tailored to the unique characteristics of Taiwan's industry and tech sector. Thanks to Taiwan's dividend-friendly government policies, the average dividend yield in the Taiwanese stock market stands at 4%, higher than those of the US and South Korea. This newly launched ETF is expected to offer a monthly dividend yield of around 5-7% annually, leveraging the global competitiveness and growth potential of Taiwanese tech firms.
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'Taiwan version SCHD released'... Samsung Asset Management lists Korea's first 'Taiwan monthly dividend' ETF - Maeil Business Newspaper'KODEX Taiwan Tech High Dividend Dow Jones' listed, expected to yield monthly distribution income of 5-7% per year
Samsung Asset Management to List Korea's First 'Taiwan Version SCHD' ETF - Money TodayA unique investment product focused solely on Taiwan, which invests in the rapidly growing global semiconductor industry while also pursuing high monthly distribution returns purely from dividends, is being launched. Samsung Asset Management announced on the 23rd that it will list the 'KODEX Taiwan Tech High Dividend Dow Jones' ETF, a monthly distribution type ETF investing in Taiwanese tech companies. The 'KODEX Taiwan Tech High Dividend Dow Jones' ETF follows the index approach of America's representative dividend ETF, SCHD...