- Investing Ideas
- /
- Top Dividend Stocks
Top South Korean (KOSPI) Dividend Stocks
UPDATED Jul 06, 2022
What are the best South Korean (KOSPI) Dividend Stocks?
According to our Simply Wall St analysis these are the best South Korean dividend companies. We look for companies with high quality dividends and healthy balance sheets to find the top Dividend Stocks.
Our criteria to find Top Dividend Companies
High Yield
- Companies with a high dividend yield are more attractive due to the higher expected income for each dollar invested.
- Yields vary between markets, so we focus on the top dividend payers in each market.
What do we look for?
- Is the yield in the top 25% of the market's dividend payers.
Consistent Dividends
- Companies with a strong track record of paying a consistent and growing dividend are the most attractive.
- If the dividend has been cut substantially in the past, then it's difficult to be confident about future payments.
What do we look for?
- Has the dividend been stable over the last 10 years.
- Has the dividend grown over the last 10 years.
Dividend Cover
- Ideally the company doesn't pay out all of its earnings, neglecting future growth.
- If a company is unable to afford its dividend, then it will probably lead to a dividend cut and share price erosion.
What do we look for?
- Are dividends covered by earnings.
- Are dividends forecast to be covered by earnings in the future.
Healthy Balance Sheet
- Investors want to make sure the company is positioned to cover its debts. Repayments on debt typically take priority over shareholder return initiatives.
What do we look for?
- Does the company have a manageable level of debt.
- Is the company able to cover its interest repayments.
4 companies meet this criteria in the South Korean market
LX Semicon Co., Ltd. operates as a semiconductor company in South Korea and internationally.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
High Dividend: A108320's dividend (5.68%) is in the top 25% of dividend payers in the KR market (3.23%)
Notable Dividend
Rewards
Trading at 80.6% below our estimate of its fair value
Earnings are forecast to grow 12.94% per year
Earnings grew by 210.2% over the past year
Risks
No risks detected for A108320 from our risks checks.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Notable Dividend
High Dividend: A049770's dividend (2.3%) is low compared to the top 25% of dividend payers in the KR market (3.23%).
Future Dividend Coverage
Rewards
Trading at 81.7% below our estimate of its fair value
Earnings are forecast to grow 33.11% per year
Risks
Profit margins (1.7%) are lower than last year (2.6%)
Has a high level of debt
JLS Co.,Ltd., together with its subsidiaries, provides English education programs through off-line educational institutes in South Korea and internationally.
Dividend Criteria
Earnings Coverage
Future Dividend Coverage
High Dividend: A040420's dividend (7.2%) is in the top 25% of dividend payers in the KR market (3.23%)
Notable Dividend
Growing Dividend
Stable Dividend
Rewards
Trading at 84.7% below our estimate of its fair value
Earnings are forecast to grow 9.34% per year
Earnings grew by 38.3% over the past year
Risks
Does not have a meaningful market cap (â‚©110B)
Dividend Criteria
Earnings Coverage
Future Dividend Coverage
High Dividend: A352700's dividend (6.98%) is in the top 25% of dividend payers in the KR market (3.23%)
Notable Dividend
Growing Dividend
Stable Dividend
Rewards
Trading at 70.8% below our estimate of its fair value
Earnings are forecast to grow 4.12% per year
Risks
High level of non-cash earnings
Less than 3 years of financial data is available