Shinhan Asset Management Pays 60 Won September Dividend for SOL Korea High Dividend

Amid rising volatility in the domestic stock market, Shinhan Asset Management’s flagship high-dividend exchange-traded fund (ETF)—which takes a comprehensive approach to shareholder return factors such as potential for dividend increases and share buybacks and cancellations—has paid out its September distribution.

On September 16, Shinhan Asset Management announced that the 'SOL Korea High Dividend' ETF paid a September distribution of 60 won per share. Based on the closing price on September 13, the day before the ex-dividend date, the monthly distribution rate was 0.46%, with an annualized distribution rate of 5.34%.

This product does not simply invest in companies with high current dividend yields, but instead builds its portfolio through a thorough analysis of dividend reductions, share buybacks and cancellations, and changes in shareholder return policies including tax benefits on dividend income. Its distinguishing feature is that, in a period of rising oil prices and interest rates—causing increased market volatility—it aims to provide both regular cash flow through dividends and take advantage of corporate re-ratings driven by enhanced shareholder returns.

Thanks to this differentiated management strategy, its returns have also been strong. According to the Korea Exchange, as of September 15, the ETF’s year-to-date return was 20.6%, and its net asset value amounted to 535.9 billion won.

Kim Junghyun, Head of the ETF Business Group at Shinhan Asset Management, said, “Recently, the domestic and global stock markets have become highly sensitive to external factors such as oil prices and interest rates, leading to a growing number of investors focusing on the ability of companies to generate profits and pay dividends.” He added, “SOL Korea High Dividend is a product that closely tracks trends in corporate dividend policies relating to regulatory changes such as tax benefits on dividend income, along with dividend reductions and share buybacks and cancellations, offering investors an attractive option to secure monthly cash flow while participating in the expanded shareholder return and dividend stock repricing of Korean companies.”

This product is available not only through standard brokerage accounts but also within pension savings and retirement pension accounts (IRP and DC plans). Depending on investment objectives, the monthly distribution can be used as living expenses or reinvested to increase holdings.

Meanwhile, in addition to ‘SOL Korea High Dividend,’ Shinhan Asset Management oversees a variety of domestic dividend ETF offerings, such as the ‘SOL Financial Holdings Plus High Dividend’—which focuses on financial holding companies—and the ‘SOL Dividend Payout Top Picks Active,’ which selectively includes companies with superior dividend track records.

This content was produced with the assistance of AI translation services.