HANARO K High Dividend ETF to Pay First Monthly Dividend
NH-Amundi Asset Management announced on September 26 that it will pay the first monthly dividend for HANARO K High Dividend since its transition to a monthly distribution structure.
HANARO K High Dividend switched its distribution cycle from quarterly to monthly through a renewal last month and reduced the total expense ratio to 0.07% to enhance investors' actual returns.
With the distribution cycle now on a monthly basis, monthly dividends will be paid starting this month. The scheduled dividend for this month is 62 KRW per share. Based on the previous day's closing price, this represents a 0.36% yield, or an annualized yield of 4.33%.
Investors wishing to receive the dividend can purchase HANARO K High Dividend shares before the market closes today to receive the dividend on October 2.
HANARO K High Dividend is an ETF that invests in domestic high-dividend stocks and was listed in 2019. It invests in the top 40 stocks by dividend yield among those that have paid cash dividends for three consecutive years and have not reduced their dividend amount compared to three years ago.
As a result of this structure, the annual dividend has increased every year: 365 KRW in 2020, 400 KRW in 2021, 505 KRW in 2022, 525 KRW in 2023, 555 KRW in 2024, and 650 KRW accumulated from January to August 2025.
Low volatility is another feature. Volatility is managed by limiting the maximum number of stocks per sector to eight. In fact, over the past four years, annual volatility has been 1 to 4 percentage points lower than the KOSPI200 index each year.
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Kim Seungcheol, Head of ETF Investment at NH-Amundi Asset Management, stated, "We aim to provide stable monthly dividends by considering both expected and confirmed dividend payments from constituent companies," and added, "As the stock market environment related to dividends is becoming more shareholder-friendly, we expect stable distributions going forward."
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