TIMEFOLIO Korea Plus Dividend Active ETF Announces First Special Dividend of the Year

On July 16, TIMEFOLIO Asset Management announced that the 'TIMEFOLIO Korea Plus Dividend Active ETF' will pay a special dividend of 0.5% as of the end of this month.

The TIMEFOLIO Korea Plus Dividend Active ETF became the first ETF last year to pay special dividends twice a year, achieving a distribution yield of up to 8% annually. As of July 15, including monthly dividends, the ETF has risen by approximately 47% over the past three months. The fund achieved high returns by effectively employing an active strategy focused on high-dividend stocks such as securities and holding companies.

By timely including key stocks such as Kiwoom Securities, Mirae Asset Securities, Doosan Enerbility, and Samyang Foods, the ETF continues to reach new record highs.

Following the passage of the Commercial Act amendment, discussions on introducing separate taxation for dividend income have accelerated, bringing renewed attention to securities, holding companies, financial, and telecommunications sectors as leading stocks. The National Assembly is currently discussing a plan to separately tax dividends from listed companies with a payout ratio of 35% or higher, apart from comprehensive income tax. As a result, further increases in corporate dividends and stock prices are anticipated.

The special dividend will be paid in early August. The ex-dividend date is July 30, and investors who hold the ETF until the day before the ex-dividend date will be eligible for the special dividend.

Kim Namui, Head of the ETF Strategy Division at TIMEFOLIO Asset Management, stated, "Following last year, we have strengthened practical cash returns to investors by conducting the first special dividend this year based on excellent management performance," and emphasized, "We will continue to build trust as an ETF that actively adapts to changing market conditions and allows investors to secure more guaranteed returns."