The Korea Fund, Inc. (NYSE:KF – Get Free Report) announced an annual dividend on Friday, January 1st. Investors of record on Tuesday, December 23rd will be given a dividend of 0.9442 per share on Monday, January 12th. This represents a dividend yield of 124.0%. The ex-dividend date is Tuesday, December 23rd.
The Korea Fund Price Performance
NYSE:KF opened at $35.55 on Friday. The Korea Fund has a one year low of $18.15 and a one year high of $37.69. The firm has a 50-day moving average of $34.80 and a 200-day moving average of $30.33.
The Korea Fund Company Profile
The Korea Fund, Inc (NYSE: KF) is a closed-end management investment company that provides U.S. investors with focused exposure to the South Korean equity market. Established in 1953, it is one of the oldest U.S. funds dedicated to investing in Korean securities. The Fund is domiciled in Delaware and trades on the New York Stock Exchange, offering investors access to a broad range of companies operating in one of Asia’s leading economies.
The Fund’s primary business activity is the acquisition of common stocks and American depositary receipts issued by companies that are either domiciled in South Korea or derive a significant portion of their revenues from Korean operations.
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