Guide to Index
Other Series_KODI
Korea Dividend Stock Price Index (abbreviated as KODI) is an index devised to promote the stable market development by securing a long-term demand for securities and to create and promote the shareholder-oriented business culture, which is rooted in dividend payment.
Of the listed stocks on the KRX that have higher than regular standards for market leadership, liquidity, and progitability,50 stocks, which are considered to be the best in terms of dividend propensity, dividend yield and dividend reliability indicator, are selected as the constituents of KODI. The base date of the index is July 2nd, 2001, with the base index of 1,000 points. KODI is published from July 21, 2003.
Calculation
KODI is a market capitalization weighted index and is calculated as follows. However, in case of an individual constituent stock whose market capitalization exceed 10/100 of total market capitalization of the fifty constituent stocks, the number of listed shares of such stock are adjusted, so that the market capitalization of an individual stock does not exceed 10/100 of total market capitalization. Other calculations for market capitalization, treatment of preferred stocks, etc., are the same as for KOSPI.
Publication
KODI is updated on the KRX website every 10 seconds and is available in statistical KRX publication “KRX Review” on a daily, monthly, and yearly basis. In addition, past indices have been made available for investors retrospective to July 2, 2001.
- Contents Manager :
- Management Strategy Division/Index Development/SOHN YESEUL(051-662-2353)
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