South Korean Preferred: Hidden Cove Of Value In A Bull MarketRupert Hargreaves
South Korean preferred shares, have, for the majority of the last year or so, traded at a record historic discount to their common counterparts. However, within the last two months the preferred equity class has undergone some-what of a rerating, as surging levels of corporate cash boost the outlook for dividend payouts. In particular, according to data supplied by Bloomberg, at the end of November the preferred stock of the five largest listed South Korean companies was . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.