Samsung Active Asset Management announced on the 18th that the KoAct Dividends Growth Active Exchange-Traded Fund (ETF) will distribute special dividends of 2.5% for the first time.
The ex-dividend date is on the 30th, and investors holding the KoAct Dividends Growth Active ETF until the previous day, the 29th, will receive the special dividends. The dividend payment date is August 4.
Samsung Active Asset Management explained that the background for the special dividends is due to its excellent revenue performance. Since its listing in February last year, the KoAct Dividends Growth Active has shown higher performance compared to the benchmark index, the KOSPI.
As of the 17th, this ETF recorded revenue rates of 8.8% for 1 month, 30.7% for 3 months, 32.4% for 6 months, and 20.8% for 1 year, achieving revenue rates that exceed the benchmark index by +0.56 percentage points (p) for 1 month, +1.49 p for 3 months, +5.90 p for 6 months, and +8.49 p for 1 year.
Recently, as the shareholder return policy to boost the domestic stock market has become more visible, it is evaluated that the investment strategy of the KoAct Dividends Growth Active has hit the mark.
KoAct Dividends Growth Active invests in dividend growth stocks with continuous dividend expansion, corporations with increasing shareholder returns, and firms with improving cash flow. It reviews the frequency of dividend payments and dividend yields, and checks the capacity for share buybacks to evaluate whether actual shareholder returns are growing.
KoAct Dividends Growth Active has a portfolio that invests in beneficiary stocks across various industries, including finance, chemicals, and electronics. The top sectors in terms of investment weight are the financial industry and holding companies. The included stocks consist of ▲DB Insurance (7.8%) ▲Hyundai Motor (5.4%) ▲Hyundai Elevator (4.7%) ▲Mirae Asset Life Insurance (4.2%), among a total of 44 companies with excellent cash flow and shareholder returns. The total expense is 0.5% per annum.
Nam Eun-young, head of the first management team at Samsung Active Asset Management, said, "In the case of general high-dividend stocks, since both earnings and dividend payouts are already high, even if a law on separate taxation of dividend income is passed, the increase in dividends may not be significant compared to existing levels. It is advisable to invest in dividend growth stocks that have the potential for dividend increases or holding companies that are likely to be re-evaluated while increasing their dividend payout ratio."
Nam emphasized, "In particular, to accurately and continuously select companies benefiting from government policies to invigorate the stock market, it is essential to conduct quantitative work to select investment targets based on key investment indicators, as well as qualitative efforts to individually identify companies that seek to increase shareholder return rates, so an active management style is more appropriate."
Meanwhile, the KoAct Dividends Growth Active ETF conducts quarterly dividends and paid approximately 1.5% in dividends last May.