Korea District Heating Corporation leads this year’s dividend stocks with estimated 8.69% yield

  • Korea District Heating Corp. ranked first in projected dividend yield among covered stocks.
  • 8.69% reflects an estimated 6,520-won dividend and a 75,000-won closing price.
  • FnGuide identified 29 companies with projected dividend yields of at least 5%.

Korea District Heating Corp. has the highest projected dividend yield among stocks covered by at least three brokerage estimates, at 8.69%, based on an expected dividend per share of 6,520 won and a closing price of 75,000 won on the 17th. AJ Networks ranks second at 8.33%, followed by NH Investment & Securities at 7.99% and Samsung Securities at 7.98%. Webzen, SOOP, Cheil Worldwide, Kiwoom Securities and Korea Investment Holdings also rank among the leading high-yield stocks, while 29 companies are projected to offer yields of at least 5%. The estimated dividends for Korea District Heating, AJ Networks, NH Investment & Securities and Samsung Securities are all higher than last year’s payouts. Investors are also weighing earnings sustainability, as several high-yield companies are expected to report lower operating profit. Separate taxation for qualifying dividend-paying companies and a high-interest-rate environment are adding to the appeal of cash-generating stocks.

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