Asian Dividend Gems: Hyundai Elevator
Hyundai Elevator Co (017800 KS)'s share price has been moving higher on the back of higher dividends and a beneficiary of the potential economic co-operations between North and South Korea.
Hyundai Elevator currently has a dividend yield of 8%, which is one of the highest dividend yields among Korean companies with more than 2 trillion won in market cap.
There have been some initial discussions about increased economic co-operation between North and South Korea. Hyundai Elevator is a key beneficiary in such a scenario.
Keep reading with a 7-day free trial
Subscribe to Asian Dividend Stocks to keep reading this post and get 7 days of free access to the full post archives.