Koreans Earn over $270 Million in Foreign Dividends

  • By Hong Jun-ki

    June 28, 2021 12:47

    More than 3 million Koreans now own foreign stocks and pocketed over US$270 million in dividends last year.

    According to the Korea Securities Depository, Korean retail investors were paid $274 million in dividends from foreign companies in 2020, the first time they surpassed $200 million and up nine-fold from 2011.

    They own $47.1 billion worth of foreign stocks, up by more than $32 billion from late 2019. Hasbro, the toy company that makes Marvel action figures, paid the most dividends to Korean retail investors last year at $9 million.

    Until 2019, Japanese and Chinese businesses paid the most dividends to Korean retail investors. In 2017, Japanese petrochemical company Eneos paid the most with $4.97 million. In 2018 and 2019, China's Ping An Insurance ranked at the top with $5.4 million and $3.4 million.

    In the first five months of this year, Korean investors already pocketed another $128.62 million from foreign companies led by Apple ($10.1 million), AT&T ($7.92 million) and Hasbro ($6.45 million).

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