KRX Dividend Stocks Spotlight Featuring 3 Yield Champions

In the last week, the South Korean market has stayed flat, but it is up 8.7% over the past year with earnings forecasted to grow by 29% annually. In this context of steady growth and promising forecasts, dividend stocks that offer reliable income streams and potential for capital appreciation stand out as attractive options for investors seeking stability and returns.

Top 10 Dividend Stocks In South Korea

Name	Dividend Yield	Dividend Rating
Kia (KOSE:A000270)	6.05%	★★★★★★
Kangwon Land (KOSE:A035250)	5.64%	★★★★★☆
HANYANG ENGLtd (KOSDAQ:A045100)	3.57%	★★★★★☆
Hansae (KOSE:A105630)	3.21%	★★★★★☆
KT (KOSE:A030200)	4.55%	★★★★★☆
JW Holdings (KOSE:A096760)	3.39%	★★★★★☆
Industrial Bank of Korea (KOSE:A024110)	6.77%	★★★★★☆
Kyung Nong (KOSE:A002100)	7.03%	★★★★★☆
ORION Holdings (KOSE:A001800)	4.58%	★★★★★☆
Samsung Fire & Marine Insurance (KOSE:A000810)	4.46%	★★★★★☆

Click here to see the full list of 76 stocks from our Top KRX Dividend Stocks screener.

Let's explore several standout options from the results in the screener.

NH Investment & Securities (KOSE:A005940)

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: NH Investment & Securities Co., Ltd. operates in wealth management, investment banking, trading, and equity sales both in South Korea and internationally, with a market cap of ₩4.77 trillion.

Operations: NH Investment & Securities Co., Ltd.'s revenue is primarily derived from sales (₩2.77 billion), trading (₩2.65 billion), and investment banking (₩0.86 billion).

Dividend Yield: 5.8%

NH Investment & Securities offers a dividend yield of 5.75%, placing it among the top 25% of dividend payers in South Korea. Despite being well-covered by earnings with a low payout ratio, the dividends are not supported by free cash flow and have been unreliable over the past decade due to volatility. The stock trades at 47.8% below its estimated fair value, suggesting potential for appreciation, but high non-cash earnings may affect quality perceptions.

• Dive into the specifics of NH Investment & Securities here with our thorough dividend report.
• Our valuation report unveils the possibility NH Investment & Securities' shares may be trading at a discount.

LG Uplus (KOSE:A032640)

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: LG Uplus Corp. is a telecommunications company offering a range of services primarily in South Korea, with a market cap of approximately ₩4.28 trillion.

Operations: LG Uplus Corp. generates its revenue from the LG U+ Division, contributing ₩13.40 billion, and the LG Hello Vision Division, adding ₩1.17 billion.

Dividend Yield: 6.5%

LG Uplus offers a dividend yield of 6.53%, ranking it in the top 25% of South Korean dividend payers. Despite a high cash payout ratio of 78.7%, dividends are covered by earnings with a reasonable payout ratio of 50.5%. However, its dividend history is unstable and has been volatile over five years, with significant annual drops exceeding 20%. The stock trades at a substantial discount to estimated fair value, indicating potential undervaluation despite its high debt levels.

• Click to explore a detailed breakdown of our findings in LG Uplus' dividend report.
• Our expertly prepared valuation report LG Uplus implies its share price may be lower than expected.

Cuckoo Holdings (KOSE:A192400)

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Cuckoo Holdings Co., Ltd. and its subsidiaries manufacture and sell electric heaters and daily necessities both in South Korea and internationally, with a market cap of ₩736.56 billion.

Operations: Cuckoo Holdings Co., Ltd. generates revenue from its Electric Heating Appliances segment, amounting to ₩797.73 billion.

Dividend Yield: 4.6%

Cuckoo Holdings provides a 4.64% dividend yield, placing it among the top 25% of South Korean dividend payers. Its dividends are well-covered by both earnings and cash flows, with payout ratios of 26.7% and 41.2%, respectively. Although the company has only paid dividends for five years, these payments have been stable and growing with minimal volatility. The stock's low price-to-earnings ratio of 5.8x suggests it may be undervalued compared to the broader market (11.2x).

• Click here and access our complete dividend analysis report to understand the dynamics of Cuckoo Holdings.
• Our expertly prepared valuation report Cuckoo Holdings implies its share price may be too high.

Summing It All Up

• Investigate our full lineup of 76 Top KRX Dividend Stocks right here.
• Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive.
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Interested In Other Possibilities?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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