Samsung Active Asset Management to Pay 1% Special Distribution for KoAct Dividend Growth Active
The 'KoAct Dividend Growth Active' Exchange Traded Fund (ETF) by Samsung Active Asset Management will pay an additional special distribution of about 1% on top of its regular monthly distribution.
According to Samsung Active Asset Management on July 29, the KoAct Dividend Growth Active ETF will provide a per-share distribution of 290 won, which is equivalent to a total distribution yield of about 1.5% by adding a special distribution of 1% to the regular monthly yield of about 0.5%. To be eligible for this distribution, investors must purchase the ETF by the end of today, which is the trading day before the ex-dividend date. The ex-dividend date is July 30, and the scheduled payment date is August 4.
This special distribution is based on stable fund performance. The KoAct Dividend Growth Active ETF has posted a return of 45.45% year-to-date, with a 1-year return of 83.34%. It has continued to deliver steady results even amid increasing stock market volatility.
The KoAct Dividend Growth Active ETF invests in companies that implement proactive shareholder return policies, including future profit growth, dividend increases, and active share buybacks and cancellations. Its main holdings currently include Samsung Electronics preferred shares (22.15%), SK hynix (19.38%), HD Hyundai Heavy Industries (4.18%), KB Financial Group (3.49%), and SK Square (2.79%). It is broadly diversified in companies with high dividend growth potential, focusing on the semiconductor sector as well as telecommunications, apparel, and shipbuilding. The total annual expense ratio is 0.5%.
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Ji Sungjin, a manager at Samsung Active Asset Management, stated, "KoAct Dividend Growth Active is managed with a strategy of investing in companies where profits and dividends grow together," emphasizing that "the semiconductor sector, which is currently experiencing rapid profit growth, is also expected to see concurrent growth in dividends."
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