Korea / Special Sits, Pairs, Index Rebalancing, Clepsydra Capital

Sanghyun Park

I investigate special situations, pairs, and index rebalancing trades in Korea.

Korea / Special Sits, Pairs, Index Rebalancing

Yearend Dividend Play on Korean Stocks with High Yield/Borrow Rate

Targetable Names on KOSPI for Dividend Arbitrage: DPS Estimates & Current Basis

Points to Consider for FTSE Review Trading in Korea: SK Telecom & SungEel Hitech

Korea Dividend Stocks: +4% Yearend Yield & +50% YoY Growth with +₩10B ADTV

Clepsydra Capital

Investigate special situations, pairs, and index rebalancing trades in Korea.

Event-Driven

<ul>
<li>Trading for price gain by building a position 2-3 weeks before the dividend record date and selling it before the ex-dividend date provides better performance than directly aiming at dividends.</li>
<li>There are signs that this pattern will repeat itself this year. Already, local financial stocks have outperformed the market this month.</li>
<li>Even from now, we can consider building an outright long position on these dividend stocks in a basket and getting out before (or at) the dividend record date.</li>
</ul>


Trading for price gain by building a position 2-3 weeks before the dividend record date and selling it before the ex-dividend date provides better performance than directly aiming at dividends.
There are signs that this pattern will repeat itself this year. Already, local financial stocks have outperformed the market this month.
Even from now, we can consider building an outright long position on these dividend stocks in a basket and getting out before (or at) the dividend record date.


Korea Investment Holdings Co, Ltd. (071050 KS)

Korea Dividend Stocks: Yearend Trading Approach

Samsung Securities

Korea Dividend Stocks: Yearend Trading Approach