Corporate Logo(source: kiamedia.com)
Kia(000270) is seeing a drop in its stock price on the ex-dividend date, which refers to the day when an investor loses the right to receive a dividend.
As of 9:33 AM on the 18th, Kia's stock is trading at 95,700 won, down 3% from the previous trading day.
This decline is attributed to the ex-dividend date effect. The record date for Kia’s year-end dividend is set for the 19th, meaning shareholders must own the stock by two trading days before that date to be eligible for the dividend. Accordingly, today marks the ex-dividend date when the right to receive the dividend expires.
However, analysts are advising investors to consider buying on dips, expecting Kia to stabilize its stock price through share buybacks if volatility arises. Daishin Securities, on the 17th, recommended maintaining focus on Kia as a potential buy during times of volatility due to the ex-dividend date effect.
Kim Gwi-yeon, an analyst at Daishin Securities, noted, "On the day of last year’s ex-dividend date, the stock fell 7%, but over the following month, the stock saw an 8% increase in returns." Kim added, "This year, we expect the stock to be supported by share buybacks starting on the 20th and momentum from the CEO Investor Day on the 9th of next month."
*[KOSPI]Kia(000270) is a leading domestic automobile manufacturer, with a diverse lineup including Morning, Stinger, K9, Sorento, and EV9, and is expanding its Purpose-Based Mobility(PBV) and service businesses aiming to provide sustainable mobility solutions. The market capitalization is 39 trillion 290.1 billion won(as of March 17, 2025, closing price).
Corporate Logo(source: kiamedia.com)
Kia(000270) is seeing a drop in its stock price on the ex-dividend date, which refers to the day when an investor loses the right to receive a dividend.
As of 9:33 AM on the 18th, Kia's stock is trading at 95,700 won, down 3% from the previous trading day.
This decline is attributed to the ex-dividend date effect. The record date for Kia’s year-end dividend is set for the 19th, meaning shareholders must own the stock by two trading days before that date to be eligible for the dividend. Accordingly, today marks the ex-dividend date when the right to receive the dividend expires.
However, analysts are advising investors to consider buying on dips, expecting Kia to stabilize its stock price through share buybacks if volatility arises. Daishin Securities, on the 17th, recommended maintaining focus on Kia as a potential buy during times of volatility due to the ex-dividend date effect.
Kim Gwi-yeon, an analyst at Daishin Securities, noted, "On the day of last year’s ex-dividend date, the stock fell 7%, but over the following month, the stock saw an 8% increase in returns." Kim added, "This year, we expect the stock to be supported by share buybacks starting on the 20th and momentum from the CEO Investor Day on the 9th of next month."
*[KOSPI]Kia(000270) is a leading domestic automobile manufacturer, with a diverse lineup including Morning, Stinger, K9, Sorento, and EV9, and is expanding its Purpose-Based Mobility(PBV) and service businesses aiming to provide sustainable mobility solutions. The market capitalization is 39 trillion 290.1 billion won(as of March 17, 2025, closing price).