[Click eStock] "iMarketKorea, Dividend Yield Surpassing Deposit Interest Rates"

On the 17th, IBK Investment & Securities analyzed that dividend attractiveness and the issue of industrial complex development in the United States will be key factors determining the future stock price of iMarket Korea.

Researcher Geonjae Lee of IBK Investment & Securities introduced, "iMarket Korea is one of the few domestic companies that pays quarterly dividends, distributing 150 KRW per share each quarter, totaling 600 KRW annually."

He continued, "In line with the global trend of interest rate cuts, the Bank of Korea recently lowered the base rate by 0.25 percentage points (P) from 3.5% to 3.25%, the first cut in 38 months," and predicted, "The dividend attractiveness of iMarket Korea will increase compared to before."

He emphasized, "The current stock price of iMarket Korea is 8,420 KRW, and with an annual dividend receipt of 600 KRW, an approximate dividend yield of 7.2% is expected."

The researcher explained, "Following the expansion strategy of its largest client into the United States, iMarket Korea is also developing a Korean-style industrial complex by purchasing a 260,000-pyeong site in Taylor City, Texas, becoming the first Korean company to do so in the U.S." He added, "The 260,000-pyeong site has already increased in value due to the relocation of global companies to Texas," and expressed expectations that "this will become a new growth engine through direct development and operation, not just simple land sales."