[Featured Stock] Korean Re Drops Over 4% Early in Trading on Ex-Dividend Day
Korean Re is showing a decline of around 4% in the early trading session on the ex-dividend date, the 1st.
As of 9:57 AM on this day, the stock price of Korean Re is recorded at 7,820 KRW, down 4.28% compared to the previous trading day.
Hot Picks Today
"Quit Job to Start Life in Canada, Now Forced to Return Home"… Language School Closure Leaves Korean Students Stranded
- [Exclusive] "Oh, Oh! Why Is the Seatback Like This?" Hyundai Ioniq 9 Recalled in Korea: 15,000 Units Due to Power Seat Entrapment Risk
- "When Was the Last Time I Went?" With Fewer Visitors, 80% of Japan’s Neighborhood Bathhouses Disappear in 50 Years
- "Typical Italy? This Tour Package Sold 300% More"...Destinations Chosen by Koreans
- Hanwoo Can't Even Dream of This... "Melts in Your Mouth" as Wagyu Hits It Big in U.S. Supermarkets and Fast-Food Chains
Korean Re will pay a total cash dividend of 91 billion KRW based on 515 KRW per common share and a dividend yield of 6.3% as of the 2nd. The right to receive the dividend arises only if the stock is purchased at least two business days before the dividend record date. Since the 1st is the ex-dividend date when buying the stock does not entitle one to the dividend, the stock price is interpreted to be falling due to selling pressure.
![[Featured Stock] Korean Re Drops Over 4% Early in Trading on Ex-Dividend Day](http://www.asiae.co.kr/news/img_view.htm?img=2024102409305871420_1729729858.jpg)
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.
