The Korea Fund Declares $1.38 Dividend Per Share
Written by Emily J. Thompson, Senior Investment Analyst
Source: Businesswire
Updated: 1 hour ago0mins
- Dividend Announcement: The Korea Fund has declared a dividend distribution of $1.381724 per share, which includes a net investment income dividend of $0.437507 and a spillback income dividend of $0.944217, indicating the fund's stability in generating investment income.
- Tax Implications: The spillback income dividend represents the distribution of spillback income as of June 30, 2025, under Section 855 of the Internal Revenue Code, which may complicate tax treatment for shareholders.
- Repurchase Suspension: The fund has temporarily suspended its share repurchase program from December 12, 2025, to January 12, 2026, reflecting its liquidity management strategy during the distribution period.
- Investment Risk Advisory: The fund focuses on investments in the Korean stock market, facing risks such as currency fluctuations and lower market liquidity, which may increase stock price volatility, necessitating careful risk assessment by investors.
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Analyst Views on KF
Wall Street analysts forecast KF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KF is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About KF
The Korea Fund, Inc. (the Fund) is a closed-end, non-diversified management investment company. The Fund's investment objective is to seek long-term capital appreciation through investment in securities, primarily equity securities, of Korean companies. The Fund Primarily invests in equity securities listed on the Korea Stock Exchange. The Fund directly invests in foreign currencies or in securities that trade in, and receive revenues in, foreign currencies, or in derivatives that provide exposure to foreign currencies. It invests in various sectors, including automobile components, biotechnology, chemicals, construction & engineering, consumer staples distribution & retail, electronic equipment, instruments & components, entertainment, food products, industrial conglomerates, interactive media & services, marine transportation, oil, gas & consumable fuels, semiconductors & semiconductors equipment, and others. Its investment adviser is JPMorgan Asset Management (Asia Pacific) Limited.
About the author
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Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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