00:02Korean brokers now pay overseas dividends on Saturdays and holidays.
00:08One paid $9.8 million that way in a year, and rivals are piling in.
00:13It's Wednesday, October 14th. Here's what investors are watching in Korea today.
00:18Payouts landing on Korean holidays used to wait for the next business day.
00:22Kakaopay securities moved first, adding Saturdays last September.
00:27Toss, NH Investment, and Kiwoom have since followed.
00:30Here's what the numbers show.
00:32$9.8 million went out across 61 Saturday and holiday payouts in one year.
00:38Saturdays took 44 of those payouts, about 72%, and 48% of the money.
00:44January 1st alone delivered $1.67 million, the biggest single day.
00:50Separately, Mireille Asset Securities won about 44% of September's subscriptions
00:55for retirement account retail government bonds.
00:58So, what does this mean for global market watchers?
01:01Earlier, we said rivals are piling in. Here's what that actually means for you.
01:06As overseas investing widens, brokers now compete on details like payout timing.
01:11Watch whether NH and Kiwoom add Saturday payouts.
01:15Watch whether next New Year's Day beats that record.
01:18And watch Toss' new holiday bond payouts.
01:21That's today's AI Prism, Securities Daily.
01:24This episode was produced with AI Assistants based on Seoul Economic Daily reporting
01:29and reviewed by a human editor.
01:32AI Prism is a Juan Ifra award-winning series.
01:35We'll be back tomorrow.
