About Korea Equity Fund (NYSE:KEF)
Korea Equity Fund, Inc. is a non-diversified, closed-end management investment company. The Fund's investment objective is to seek long-term capital appreciation through investments primarily in equity securities of South Korean companies. Under normal circumstances, the Fund will invest approximately 80% of its total assets in such securities. The Fund invests in various industries, including electronic appliances and components, insurance, transportation equipment, financing business, other products, media and entertainment, wholesale, and iron and steel. The Fund's manager is Nomura Asset Management U.S.A. Inc. The Fund's investment advisor is Nomura Asset Management Co., Ltd. The Fund's investment sub-advisors are Nomura Asset Management Hong Kong Limited and Nomura Asset Management Singapore Limited.
Industry, Sector and Symbol:
- Annual Dividend: $0.07
- Dividend Yield: 1.0%
- Outstanding Shares: 9,740,000
Frequently Asked Questions for Korea Equity Fund (NYSE:KEF)
What is Korea Equity Fund's stock symbol?
Korea Equity Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "KEF."
How often does Korea Equity Fund pay dividends? What is the dividend yield for Korea Equity Fund?
Korea Equity Fund declared a special dividend on Monday, June 19th. Investors of record on Monday, June 26th will be paid a dividend of $2.1347 per share on Thursday, June 29th. The ex-dividend date is Friday, June 30th. View Korea Equity Fund's Dividend History.
Who are some of Korea Equity Fund's key competitors?
Some companies that are related to Korea Equity Fund include GSV Capital Corp (GSVC), StoneCastle Financial Corp (BANX), Horizon Technology Finance Corporation (HRZN), KCAP Financial (KCAP), Ithaca Energy (IAE), Capitala Finance Corp. (CPTA), Alcentra Capital Corp. (ABDC), American Capital Senior Floating (ACSF), Harvest Capital Credit Corporation (HCAP), Malaysia Fund (MAY), Full Circle Capital Corp (FULL), GLI Finance Ltd (GLIF), Andalas Energy and Power PLC (ADL), Helios Advantageome Fund (HAV) and MCG Capital Corp (MCGC).
Who are Korea Equity Fund's key executives?
Korea Equity Fund's management team includes the folowing people:
- Rodney A. Buck, Independent Chairman of the Board
- Yutaka Itabashi, President, Director
- Neil Daniele, Chief Compliance Officer, Secretary
- Maria R. Premole, Vice President
- Takeshi Toyoshima, Vice President
- Amy J. Marose, Treasurer
- Kelly So Young Lee, Assistant Treasurer
- David B. Chemidlin, Independent Director
- E. Han Kim, Independent Director
- Marcia L. MacHarg, Independent Director
How do I buy Korea Equity Fund stock?
Shares of Korea Equity Fund can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Korea Equity Fund's stock price today?
One share of Korea Equity Fund stock can currently be purchased for approximately $7.04.
How big of a company is Korea Equity Fund?
Korea Equity Fund has a market capitalization of $68.57 million.
How can I contact Korea Equity Fund?
Korea Equity Fund's mailing address is 309 W 49th St, NEW YORK, NY 10019-7316, United States. The financial services provider can be reached via phone at +1-800-8330018.
MarketBeat Community Rating for Korea Equity Fund (NYSE KEF)MarketBeat's community ratings are surveys of what our community members think about Korea Equity Fund and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Korea Equity Fund (NYSE:KEF) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Analysts' Consensus Price Target: ||N/A|
Consensus Price Target History for Korea Equity Fund (NYSE:KEF)
Analysts' Ratings History for Korea Equity Fund (NYSE:KEF)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Korea Equity Fund (NYSE:KEF)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Korea Equity Fund (NYSE:KEF)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Korea Equity Fund (NYSE:KEF)
|Most Recent Dividend:||6/29/2017|
|Dividend Growth:||-41.10% (3 Year Average)|
Dividend History by Quarter for Korea Equity Fund (NYSE KEF)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Korea Equity Fund (NYSE KEF)
Institutional Ownership Percentage: 67.88%
Insider Trades by Quarter for Korea Equity Fund (NYSE KEF)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/21/2017||Investors General Part Bulldog||Major Shareholder||Buy||45,200||$9.54||$431,208.00|| |
|6/15/2017||Bulldog Investors, Llc||Major Shareholder||Buy||3,700||$9.51||$35,187.00|| |
|6/12/2017||Bulldog Investors, Llc||Major Shareholder||Buy||50,000||$9.53||$476,500.00|| |
|6/7/2017||Bulldog Investors, Llc||Major Shareholder||Buy||250,000||$9.53||$2,382,500.00|| |
|6/6/2017||Bulldog Investors, Llc||Major Shareholder||Buy||100,500||$9.54||$958,770.00|| |
|5/3/2017||Investors General Part Bulldog||Major Shareholder||Buy||25,600||$9.08||$232,448.00|| |
|4/28/2017||Bulldog Investors, Llc||Major Shareholder||Buy||6,396||$8.96||$57,308.16|| |
|4/24/2017||Value Offshore Fund Ltd. Full||Major Shareholder||Buy||10,000||$8.78||$87,800.00|| |
|4/18/2017||Value Offshore Fund Ltd. Full||Major Shareholder||Buy||10,000||$8.61||$86,100.00|| |
|4/13/2017||Bulldog Investors, Llc||Major Shareholder||Buy||20,500||$8.58||$175,890.00|| |
|4/11/2017||Bulldog Investors, Llc||Major Shareholder||Buy||7,432||$8.51||$63,246.32|| |
|4/10/2017||Value Offshore Fund Ltd. Full||Major Shareholder||Buy||7,432||$8.51||$63,246.32|| |
|4/3/2017||Bulldog Investors, Llc||Major Shareholder||Buy||10,362||$8.78||$90,978.36|| |
|3/29/2017||Bulldog Investors, Llc||Major Shareholder||Buy||22,700||$8.66||$196,582.00|| |
|3/24/2017||Bulldog Investors, Llc||Major Shareholder||Buy||25,500||$8.70||$221,850.00|| |
|3/22/2017||Bulldog Investors, Llc||Major Shareholder||Buy||4,300||$8.62||$37,066.00|| |
|3/21/2017||Bulldog Investors, Llc||Major Shareholder||Buy||906||$8.65||$7,836.90|| |
|3/10/2017||Bulldog Investors, Llc||Major Shareholder||Buy||12,500||$8.19||$102,375.00|| |
|3/8/2017||Bulldog Investors, Llc||Major Shareholder||Buy||1,400||$8.06||$11,284.00|| |
|3/7/2017||Bulldog Investors, Llc||Major Shareholder||Buy||50,402||$8.13||$409,768.26|| |
|3/1/2017||Bulldog Investors, Llc||Major Shareholder||Buy||55,300||$8.24||$455,672.00|| |
|2/22/2017||Bulldog Investors, Llc||Major Shareholder||Buy||57,500||$8.29||$476,675.00|| |
|2/17/2017||Bulldog Investors, Llc||Major Shareholder||Buy||62,246||$8.19||$509,794.74|| |
|2/14/2017||Bulldog Investors, Llc||Major Shareholder||Buy||7,400||$8.20||$60,680.00|| |
|2/9/2017||Bulldog Investors, Llc||Major Shareholder||Buy||48,900||$8.18||$400,002.00|| |
|2/8/2017||Bulldog Investors, Llc||Major Shareholder||Buy||50,000||$8.14||$407,000.00|| |
|5/31/2013||E. Han Kim||Director||Buy||5,000||$8.55||$42,750.00|| |
|4/29/2013||Rodney A Buck||Director||Buy||2,000||$8.56||$17,120.00|| |
Latest Headlines for Korea Equity Fund (NYSE KEF)
Korea Equity Fund (NYSE KEF) Chart for Tuesday, November, 21, 2017