How much dividend tax is withheld?
Korean residents face 15.4% (income 14% + local 1.4%) withholding on dividend income. If your annual financial income (interest + dividends) is ≤₩20M, this 15.4% settles it as separate taxation. US dividends are first withheld 15% in the US, then reconciled in Korea. This simulator shows pre-tax amounts, so your actual receipt is roughly 0.85× of what's displayed.
Where does the dividend data come from?
It uses Yahoo Finance's trailing 12-month actual distributions, refreshed every 5 minutes with a 15–20 minute delay. For each stock, share count = allocated amount ÷ FX rate ÷ current price, and annual dividend = shares × trailing 12-month distributions. Since it's based on the past 12 months, future dividends aren't guaranteed and can rise or fall with company earnings and policy.
Are US dividends taxed twice?
It looks like double taxation but is adjusted. The US first withholds 15% (Korea-US tax treaty), and when Korea taxes it again as dividend income, the tax already paid to the US is subtracted via the foreign tax credit. As a result, within the ≤₩20M separate-taxation band the effective rate is about 15.4%. Above ₩20M it becomes comprehensive taxation combined with other income, where the rate can rise further.
What is the ₩20M comprehensive taxation threshold?
If annual financial income (interest + dividends) exceeds ₩20M, the excess is combined with other comprehensive income (salary, business) and taxed at 6–45% progressive rates (comparative taxation applies the larger amount). At ≤₩20M, a 15.4% withholding settles it. Scaling up dividends past this line can sharply raise your rate, so when building a high-yield portfolio, check in advance whether total annual dividends exceed ₩20M.
Do monthly-dividend ETFs really pay every month?
ETFs/REITs like JEPI, O (Realty Income), parts of SCHD, and QYLD pay monthly distributions. However, the amount isn't constant each month, and payout frequency varies by ticker (monthly/quarterly/semi-annual). This simulator divides the trailing 12-month total by 12 to show a 'monthly average,' which can differ from a specific month's actual deposit. To smooth monthly cash flow, investors often mix tickers with staggered payout schedules.
What is the ex-dividend date and why does it matter?
The ex-dividend date is when the right to a dividend disappears, and the price typically drops by about the dividend amount that day. So receiving a dividend coincides with the price falling by that much — it's not 'free money' but closer to cashing out part of your own asset. You must buy and hold before the record date to receive it; 'dividend capture' (buying right before and selling right after) rarely pays off after price drops and taxes.
How exactly is the monthly dividend calculated?
For each stock, share count = allocated amount (₩) ÷ USD/KRW rate ÷ current price (fractional shares assumed), and annual dividend (USD) = shares × trailing 12-month distributions. This is converted to KRW at the current rate, then divided by 12 for the monthly average. FX is fixed at the current USD/KRW, so future FX changes when you actually receive dividends aren't reflected. All figures are pre-tax.
SCHD or JEPI — which is better?
They differ in character. SCHD is a 'dividend growth' ETF that raises payouts yearly — its current yield is lower, but the yield on your original cost grows over a long hold. JEPI pursues 'high yield + reduced volatility' via covered-call option premiums, but its price upside is limited. SCHD is commonly chosen in the accumulation phase, while JEPI suits the drawdown phase of pulling cash flow from already-built assets.
Are 10%+ yield ETFs like JEPQ and QYLD safe?
A high yield isn't automatically good. These use covered-call strategies, selling away their holdings' upside via options and distributing that premium like a dividend. In effect, you receive a high payout in exchange for 'giving up price appreciation,' so in a bull market total return can lag a plain ETF, and the NAV (principal) may erode gradually. Look beyond headline yield and judge the tradeoff from a 'total return (dividend + price)' perspective.
How do I adjust the weights?
Small handles sit between stocks on the donut chart. Drag a handle (mouse or mobile touch) to shift weight between the two adjacent stocks; the weighted average yield and monthly/annual dividends recalculate in real time. Adding or removing stocks, or changing the investment amount, updates results instantly. Quickly test combinations to find the balance between your target monthly dividend, yield, and diversification.