[Featured Stocks] Leading Telecom Stocks... SK, KT, LG All on the Rise "Dividends & Earnings"

[Asia Economy Reporter Lee Seon-ae] Telecommunications stocks are all showing an upward trend on the 26th.

As of 9:44 AM, SK Telecom is trading at 265,500 KRW, up 4.73% from the previous day. LG Uplus and KT are also trading higher at 12,300 KRW and 28,150 KRW, up 1.24% and 1.08% respectively compared to the previous day.

In the case of SK Telecom, expectations for corporate governance improvement appear to be maturing. On this day, NH Investment & Securities raised its investment opinion on SK Telecom to 'Buy' and increased the target price to 340,000 KRW, stating that the spin-off is an event that can attract both investors seeking stable dividend yields and those interested in ICT business growth. Researcher Ahn Jae-min said, "We expect a concrete announcement to be made in May and anticipate completing the spin-off and re-listing within the year," adding, "The combined value of SK Telecom after the spin-off is expected to be 27.3 trillion KRW, higher than the current market capitalization."

KT is gaining attention for both improved earnings and dividend appeal, raising expectations for a stock price rebound. According to FnGuide, KT's average earnings consensus for the first quarter of this year is 6.056 trillion KRW in revenue and 390.3 billion KRW in operating profit. These figures represent increases of 3.85% and 1.88% respectively compared to the same period last year. Shin Eun-jung, a researcher at DB Financial Investment, stated, "Assuming a 10% annual growth in separate net profit, the dividend yield based on the current stock price reflecting this is in the 5.4% range," adding, "Among the three telecom companies, KT has the highest dividend appeal."

This content was produced with the assistance of AI translation services.