- The progress on Korea Electric Power's tariff rate adjustment has been much slower than expected, and rising environmental costs could be a drag on the company's bottom line going forward.
- Korea Electric Power is likely to resume dividend payments this year as it returns to profitability, and the company's dividend payout ratio could be higher than what the market expects.
- Korea Electric Power trades at 0.20 times P/B and 9.4 times consensus forward FY 2021 P/E, and it offers a consensus forward FY 2020 dividend yield of 3.1%.
For further details see:
Korea Electric Power: Tariff Rate Adjustment And Environmental Costs In The Spotlight