The Korea Fund, Inc. (KF)
Financial Services · NYQ
Fundamentals
Valuation and ratings
The Korea Fund, Inc. trades at USD59.44, which is 132% below the USD137.72 our discounted cash flow model puts on the business. On that measure alone it screens as undervalued, though a DCF is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 75 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 2.9 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
KF dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2025 | USD1.38 | 1 |
| 2024 | USD0.454 | 1 |
| 2022 | USD3.32 | 1 |
| 2021 | USD9.11 | 1 |
| 2020 | USD0.526 | 1 |
| 2019 | USD0.071 | 1 |
| 2018 | USD5.23 | 1 |
| 2017 | USD4.03 | 1 |
| 2016 | USD0.328 | 1 |
| 2015 | USD4.35 | 1 |
| 2011 | USD5.45 | 1 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
About The Korea Fund, Inc.
The Korea Fund, Inc. is a closed-ended equity mutual fund launched and managed by Allianz Global Investors U.S. LLC. The fund invests in the public equity markets of Korea. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of companies. It employs fundamental analysis with a bottom-up stock picking approach, focusing on such factors as price-to-earnings ratios, dividend yields, and earnings-per-share growth to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI Korea 25/50 Index. It uses 'Grassroots Research' to make its investments. The Korea Fund, Inc. was formed on August 29, 1984 and is domiciled in the United States.
KF passes 6 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is The Korea Fund, Inc. (KF) undervalued?
Against our discounted cash flow estimate of USD137.72, KF at USD59.44 is 132% below fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
What is KF's P/E ratio?
KF trades at 2.9 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does The Korea Fund, Inc. (KF) pay a dividend?
Yes. The Korea Fund, Inc. yields 0.70% at the current share price. It has paid USD1.38 per share over the trailing twelve months. It has paid a dividend in each of the last 2 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.