00:02Korean shareholder returns just hit a record short pause the share prices did
00:08not follow listed companies committed forty three point two trillion one about
00:14thirty one billion dollars in cash dividends in the first half Treasury
00:19share cancellations past acquisitions for the first time last year Japan raised
00:23payouts before Korea did and the results split sharply by earnings growth it's
00:29Thursday August 27th here's what investors are watching in Korea today the
00:34Korea exchange released first half dividend decisions on August 26th a
00:39revised commercial act took effect in March requiring newly acquired Treasury
00:43shares to be cancelled within one year in principle separate taxation of dividend
00:48income for high payout companies landed alongside it pushing shareholder returns
00:53to the top of the market agenda here's what the numbers show forty three point
00:59two trillion one about thirty one billion dollars is the first half
01:02dividend total against fifty point nine trillion one roughly thirty seven
01:07billion dollars for all of last year Treasury share cancellations reached twenty
01:12one point four trillion one last year more than four times the level two years
01:16earlier and above acquisitions of twenty point one trillion one matter of fact
01:22telecom services carry the highest payout ratio at forty six point four percent
01:26while semiconductors sit lowest at fifteen point five percent on SK securities data
01:34semiconductors still ranked first on earnings momentum at 100 points with
01:38securities at 81 and insurance at seventy seven the cost be closed at six
01:43thousand eight hundred eight point two one up sixty five point four seven points with
01:48the one at one thousand three hundred eighty four point eight zero per dollar NTT has
01:53raised its dividend for sixteen straight years yet its shares are up about seven percent this
01:58year trailing the index so what does this mean for investors tracking Korea today earlier we said
02:05Japan raised payouts before Korea did here's what that actually means for you payout policy
02:10sets a floor while earnings momentum decides the re-rating and Japan's bank index rose roughly
02:16five-fold in four years because profits recovered with the payouts posco holdings and hyundai motor both
02:23expanded returns and still failed to re-rate so screening on yield alone is the weaker trade
02:30watch second-half payout decisions from banks and insurers sitting near 28 and 29 percent watch
02:36cacao's shareholder return roadmap against its artificial intelligence spending watch the one near
02:431385 the level shaping foreign flows that's today's ai prism securities daily this episode was produced
02:52with ai assistance based on sole economic daily reporting and reviewed by a human editor ai prism is a
02:59one ifra award-winning series we'll be back tomorrow
댓글