3 KRX Dividend Stocks Yielding Up To 5.2%

The South Korean market has climbed 1.4% in the last 7 days, despite a decline of 3.9% over the past 12 months, with earnings expected to grow by 29% per annum over the next few years. In this fluctuating environment, dividend stocks can offer a reliable income stream and potential for growth, making them an attractive option for investors seeking stability and returns.

Top 10 Dividend Stocks In South Korea

Name	Dividend Yield	Dividend Rating
Kia (KOSE:A000270)	5.57%	★★★★★★
Woori Financial Group (KOSE:A316140)	4.67%	★★★★★☆
HANYANG ENGLtd (KOSDAQ:A045100)	3.36%	★★★★★☆
Hansae (KOSE:A105630)	3.33%	★★★★★☆
KT (KOSE:A030200)	4.76%	★★★★★☆
JW Holdings (KOSE:A096760)	3.42%	★★★★★☆
Industrial Bank of Korea (KOSE:A024110)	7.08%	★★★★★☆
Kyung Nong (KOSE:A002100)	7.16%	★★★★★☆
Samsung Fire & Marine Insurance (KOSE:A000810)	4.48%	★★★★★☆
Tong Yang Life Insurance (KOSE:A082640)	7.03%	★★★★☆☆

Click here to see the full list of 75 stocks from our Top KRX Dividend Stocks screener.

Let's take a closer look at a couple of our picks from the screened companies.

TS (KOSE:A001790)

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

Overview: TS Corporation operates as a food company in South Korea with a market cap of ₩265.05 billion.

Operations: TS Corporation's revenue primarily comes from its segments: Feed (₩251.01 million), Livestock Distribution (₩369.01 million), and Food excluding Animal Feed Stuffs (₩772.98 million).

Dividend Yield: 3.9%

TS Corporation's dividend payments have increased over the past five years, with a current yield of 3.89%, placing it in the top 25% of South Korean dividend payers. The company's dividends are well-covered by both earnings (payout ratio: 37.9%) and cash flows (cash payout ratio: 36.6%). Recent earnings showed a slight decline, with net income at KRW 9.65 billion for Q2-2024 compared to KRW 10.57 billion a year ago, but the company announced a share buyback program worth up to KRW 10 billion to stabilize stock price and improve corporate value.

• Click to explore a detailed breakdown of our findings in TS' dividend report.
• Our valuation report here indicates TS may be overvalued.

Snt DynamicsLtd (KOSE:A003570)

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

Overview: Snt Dynamics Co.,Ltd. manufactures and sells precision machinery, with a market cap of ₩468.03 billion.

Operations: Snt Dynamics Co.,Ltd. generates its revenue from two main segments: the Machinery Business, which contributes ₩5.21 billion, and the Transportation Equipment Business, accounting for ₩555.04 billion.

Dividend Yield: 4.8%

Snt Dynamics Ltd. has a mixed dividend profile, having paid dividends for only five years with some volatility. Despite a high cash payout ratio of 89.4%, the dividends are well-covered by earnings (payout ratio: 25%). The company reported strong recent earnings growth, with net income rising to KRW 47.02 billion in Q2-2024 from KRW 8.98 billion a year ago, but future earnings are forecasted to decline by an average of 19.1% annually over the next three years.

• Click here and access our complete dividend analysis report to understand the dynamics of Snt DynamicsLtd.
• The analysis detailed in our Snt DynamicsLtd valuation report hints at an deflated share price compared to its estimated value.

Youngone Holdings (KOSE:A009970)

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

Overview: Youngone Holdings Co., Ltd. manufactures and sells apparel, footwear, gear, sportswear, and jackets in South Korea and internationally with a market cap of ₩1.04 trillion.

Operations: Youngone Holdings Co., Ltd. generates revenue primarily from the sale of apparel, footwear, gear, sportswear, and jackets both domestically and internationally.

Dividend Yield: 5.3%

Youngone Holdings has a solid dividend profile, with a low payout ratio of 12.2% and a cash payout ratio of 14%, indicating dividends are well-covered by both earnings and free cash flow. The company’s dividend yield is in the top 25% of South Korea's market at 5.27%. However, it has only paid dividends for five years, which may raise concerns about its long-term reliability despite stable payments during this period.

• Delve into the full analysis dividend report here for a deeper understanding of Youngone Holdings.
• Our valuation report unveils the possibility Youngone Holdings' shares may be trading at a discount.

Seize The Opportunity

• Unlock more gems! Our Top KRX Dividend Stocks screener has unearthed 72 more companies for you to explore.Click here to unveil our expertly curated list of 75 Top KRX Dividend Stocks.
• Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks.
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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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