[Infostock Daily= Reporter An Hoe Hyun] KB Securities maintained its investment opinion 'Buy' and target stock price of 36,000 won for KT on the 16th, saying that we should pay attention to its favorable shareholder return policy, such as deciding to pay dividends exceeding market expectations.
"KT announced on the 8th that it will pay a dividend of KRW 1,350 per share, which exceeds market expectations, and its shareholder return per share, which combines shareholder dividends and its own stock purchases, is around KRW 2,500," the company analyzed.
KB Securities expects dividends per share of KT to reach KRW 1,700 as of 2023.
"Among the three carriers, KT is the most active carrier in developing enterprise-oriented 5G solutions," the company said, adding, "KT will expand its edge cloud center across the country and use it in campuses, smart shipyards and smart factory solutions."
Reporter An Hoe Hyun ahh@infostock.co.kr
