Fund dividend payouts surpassed 51 trillion won last year on booming stock market, up 6.87% from 2023

According to Financial News, strong performance in the domestic stock market last year pushed fund dividend payouts to more than 51 trillion won.
Korea Securities Depository (KSD) announced on the 5th that fund dividends totaled 51.2188 trillion won last year, an increase of 6.87% from the previous year. Dividends from publicly offered funds rose 10.46%, while those from private funds grew 6.25%.
Reinvested dividends amounted to 28.6232 trillion won, resulting in a reinvestment rate of 55.88%. The reinvestment rate was 90.71% for publicly offered funds and 49.49% for private funds. For private funds, the reinvestment rate was relatively low because a large share of dividends came from real estate and special asset funds, where reinvestment is difficult.
New fund formations reached 84.2943 trillion won last year, up 19.11% from 70.7677 trillion won a year earlier. Liquidation distributions totaled 44.1169 trillion won, an increase of 16.62% from 37.8308 trillion won in the previous year.
Based on the initial size of newly launched funds, publicly offered funds increased by 87.64%, while private funds grew by 14.64%. For liquidation distributions, publicly offered funds fell 12.62%, whereas private funds rose 18.87%.
The number of funds that paid dividends came to 2,942 publicly offered funds and 17,034 private funds, up 17.45% and 8.01%, respectively.


koreanbae@fnnews.com Bae Han-geul Reporter