Yahoo Finance KRX Dividend Stocks Offering Yields From 4% To 9.8%
The South Korean market has shown resilience with a modest annual increase of 5.2% and is projected to see earnings grow by 29% annually. In this context, dividend stocks, particularly those offering yields between 4% and 9.8%, can be appealing for investors looking for steady income in a stable market environment.
Top 10 Dividend Stocks In South Korea
Name | Dividend Yield | Dividend Rating |
Kia (KOSE:A000270) | 4.34% | ★★★★★★ |
NH Investment & Securities (KOSE:A005940) | 6.33% | ★★★★★☆ |
Shinhan Financial Group (KOSE:A055550) | 4.43% | ★★★★★☆ |
Industrial Bank of Korea (KOSE:A024110) | 7.16% | ★★★★★☆ |
KT (KOSE:A030200) | 5.37% | ★★★★★☆ |
LOTTE Fine Chemical (KOSE:A004000) | 4.50% | ★★★★★☆ |
KB Financial Group (KOSE:A105560) | 3.87% | ★★★★★☆ |
HANYANG ENGLtd (KOSDAQ:A045100) | 3.00% | ★★★★★☆ |
Kyung Nong (KOSE:A002100) | 4.81% | ★★★★★☆ |
Samyang (KOSE:A145990) | 3.29% | ★★★★☆☆ |
Click here to see the full list of 69 stocks from our Top KRX Dividend Stocks screener.
Here we highlight a subset of our preferred stocks from the screener.
GOLFZON NEWDIN HOLDINGS
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: GOLFZON NEWDIN HOLDINGS Co., Ltd. operates in the golf, sports, health, and lifestyle sectors both domestically in South Korea and internationally, with a market capitalization of approximately ₩157.15 billion.
Operations: GOLFZON NEWDIN HOLDINGS Co., Ltd. generates revenue primarily from its golf, sports, health, and lifestyle segments across various domestic and international markets.
Dividend Yield: 4.4%
GOLFZON NEWDIN HOLDINGS has a relatively short dividend history, with only five years of payments but shows promising signs with a low payout ratio of 22.8% and cash payout ratio of 49.7%, indicating that dividends are well covered by both earnings and cash flows. Despite this, the company's profit margins have declined from 17.1% to 7.3% year-over-year, potentially impacting future dividend sustainability. Recently, the firm announced a share repurchase program for up to ₩15 billion aimed at stabilizing stock prices and enhancing shareholder value, valid until December 24, 2024.
LX International
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: LX International Corp. operates as a global trading company based in Korea, with a market capitalization of approximately ₩1.08 trillion.
Operations: Unfortunately, the provided text does not include specific details about the revenue segments of LX International Corp., so I'm unable to summarize this aspect of their business operations.
Dividend Yield: 4%
LX International Corp. reported a decrease in net income to KRW 80.2 billion from KRW 125.3 billion year-over-year, alongside a slight sales increase to KRW 3,776.1 billion in Q1 2024. Despite this, the company's dividend sustainability is questionable due to its unstable dividend track record over the past seven years and volatile payments within that period. However, dividends are currently well-supported by both earnings and cash flows with payout ratios of 60% and 20% respectively, coupled with a competitive yield of 4.01%. Analysts predict a potential stock price increase of 35.5%.
BNK Financial Group
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: BNK Financial Group Inc. operates as a financial services provider offering a range of products and services both domestically in South Korea and internationally, with a market capitalization of approximately ₩2.68 billion.
Operations: BNK Financial Group Inc. generates its revenue through various financial products and services offered in South Korea and abroad.
Dividend Yield: 9.8%
BNK Financial Group's dividend profile shows a mixed picture. Dividends are supported by earnings with a current payout ratio of 48.7%, and this is expected to remain manageable in three years at 27.9%. The company has increased its dividends over the past five years, though it has a short history of dividend payments under ten years, hinting at potential instability. Recently, BNK repurchased shares for KRW 12.99 billion, slightly reducing outstanding shares which could impact future dividend commitments.
Seize The Opportunity
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include KOSDAQ:A121440 KOSE:A001120 and KOSE:A138930.
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