Korea Fund Inc (NYSE:KF) announced an annual dividend on Monday, December 18th, Wall Street Journal reports. Stockholders of record on Tuesday, December 26th will be given a dividend of 0.2258 per share on Friday, January 5th. This represents a dividend yield of 0.51%. The ex-dividend date is Friday, December 22nd.

Shares of Korea Fund (KF) opened at $44.23 on Thursday. Korea Fund has a 52-week low of $31.52 and a 52-week high of $44.64. The company has a market capitalization of $253.87, a PE ratio of 339.11 and a beta of 0.66.

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About Korea Fund

The Korea Fund, Inc is a closed-end non-diversified management investment company. The Fund’s investment objective is to seek long-term capital appreciation through investment in securities, principally equity securities of Korean companies. The Fund enters into contracts that contain a range of representations that provide general indemnifications.

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