Latest news with #SKT
Yahoo
7 hours ago
- Business
- Yahoo
Tanger (SKT) Could Be a Great Choice
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns. Tanger (SKT) is headquartered in Greensboro, and is in the Finance sector. The stock has seen a price change of -12.69% since the start of the year. Currently paying a dividend of $0.29 per share, the company has a dividend yield of 3.93%. In comparison, the REIT and Equity Trust - Retail industry's yield is 4.52%, while the S&P 500's yield is 1.57%. Looking at dividend growth, the company's current annualized dividend of $1.17 is up 7.8% from last year. In the past five-year period, Tanger has increased its dividend 4 times on a year-over-year basis for an average annual increase of 7.18%. Any future dividend growth will depend on both earnings growth and the company's payout ratio; a payout ratio is the proportion of a firm's annual earnings per share that it pays out as a dividend. Right now, Tanger's payout ratio is 51%, which means it paid out 51% of its trailing 12-month EPS as dividend. SKT is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2025 is $2.24 per share, representing a year-over-year earnings growth rate of 5.16%. Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. It's important to keep in mind that not all companies provide a quarterly payout. Big, established firms that have more secure profits are often seen as the best dividend options, but it's fairly uncommon to see high-growth businesses or tech start-ups offer their stockholders a dividend. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, SKT is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of 3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tanger Inc. (SKT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
![[단독] 정부 '비화폰' 독점 계약 SKT...국정원 "현재까지 유심 해킹 피해 없어"](/_next/image?url=https%3A%2F%2Fwimg.heraldcorp.com%2Fnews%2Fcms%2F2025%2F05%2F22%2Frcv.YNA.20250520.PYH2025052011060001300_T1.jpg&w=3840&q=100)
![[단독] 정부 '비화폰' 독점 계약 SKT...국정원 "현재까지 유심 해킹 피해 없어"](/_next/image?url=https%3A%2F%2Fall-logos-bucket.s3.amazonaws.com%2Fkoreaherald.com.png&w=48&q=75){kind=small}
Korea Herald
22-05-2025
- Korea Herald
[단독] 정부 '비화폰' 독점 계약 SKT...국정원 "현재까지 유심 해킹 피해 없어"
"유심 정보 유출, 안보폰 안전성에 영향 없어" 지난 달 안보폰 전량 '유심 보호 서비스' 가입 안보폰 유심 교체 '권고'...의무 아냐 [코리아헤럴드=김아린 기자] SK텔레콤 해킹 사태의 파장이 계속되는 가운데, 국가정보원이 파악한 정부에서 사용하는 '비화폰'에 대한 피해 사례는 현재까지 없는 것으로 나타났다. 22일 국정원이 국회에 제출한 자료를 보면, 국정원은 SKT 유심(USIM) 정보 유출 사고로 인한 '비화폰' 피해 사례는 "지금까지 확인되지 않았다"고 밝혔다. 흔히 '비화폰'이라고 불리는 '안보폰'은 국정원, 군·국방부, 외교부, 대통령경호처, 과학기술정보통신부 등의 국가 안보와 관련된 기관에서 사용되는 것으로 알려졌다. 국정원은 "안보폰과 안보폰 운용을 위해 사용되는 서버의 보안 기능은 SKT 유심 정보와 무관하게 작동하고 있어, 이번 유심 정보 유출 사고가 안전성에 미치는 영향은 없다"고 진단하는 한편, "유심이 복제될 경우 일반폰과 마찬가지로 이동통신망 접속이 끊기는 등 피해가 발생할 수 있다"고 시인했다. 국정원에 따르면 정부가 사용하는 안보폰 단말기는 SKT가 단독으로 제조·보급하고 있다. SKT는 지난 2020년 4월 안보폰 사업 제안에 국내 통신사로 유일하게 참여해 적격성 평가를 거친 뒤 보급사로 선정됐다. 다만 안보폰 통신사의 경우 대부분의 기관에서 SKT를 선택하고 있으나, 여타 통신사 가입도 가능하다고 국정원은 전했다. 국정원은 유심 복제를 막기 위해 지난 달 29일 안보폰 전량을 SKT '유심 보호 서비스'에 가입 조치하고, 국방부 등 안보폰 사용 기관에 유심 교체 방침을 전달했다. 국정원 방침상 유심 교체는 권고 사항이며 의무는 아니지만, 대부분의 기관에서 단계적으로 안보폰 유심 교체 작업이 진행 중인 것으로 파악됐다. 국정원은 SKT 해킹 배후 규명과 관련해 "미국·영국·싱가포르 등 우방국 정보기관과 긴밀히 협력해 필요한 정보를 적극 수집하고 있다"고 했다. 그러면서 "안보폰 피해 발생 여부도 계속해서 추적하겠다"고 했다. (arin@ [Exclusive] No agents' phones affected by SKT hack to date: NIS No mobile phones used by officials working in the government's major security departments have been affected by the SK Telecom hack so far, according to a National Intelligence Service document seen exclusively by The Korea Herald. In the document dated Thursday, the NIS said no official phones used at the five government departments and agencies -- the NIS, Ministry of National Defense, Ministry of Foreign Affairs, Ministry of Science and ICT and the Presidential Security Service -- have suffered a data breach or other security incidents since the hack of the country's largest telecom provider first surfaced last month. Although no security incidents involving official phones have been detected to date, the NIS said it was monitoring for the possibility. According to the NIS, SK Telecom has been the sole manufacturer of official phones used by the South Korean government since April 2020. In the document, the spy service concluded that the security functions of the officials' phones should not, in principle, be affected by the SK Telecom hack. However, the NIS admitted that official phones, which have higher protection than normal phones, could be subject to universal subscriber identity module card duplications. To prevent possible security breaches, all of the official phones have been subscribed to SK Telecom's USIM protection services as of April 29, the NIS said. USIM cards on the official phones were also being replaced with new ones. The NIS said it was working closely with its counterparts in the US, UK and Singapore to investigate the perpetrators behind the telecom hack.
Korea Herald
21-05-2025
- Korea Herald
Who hacked S. Korea's largest telecom, and why? Growing concerns the SKT data breach wasn't just about money
Some suspect a sophisticated Chinese hacking group may be behind the attack, raising potential alarms over cyber security Nearly three years before South Korea's largest telecom provider knew anything was wrong, hackers had already broken into SK Telecom's internal systems. This detail emerged from a briefing this Monday by the government's public-private joint investigation team, which is probing one of the country's most serious cybersecurity breaches in recent memory. The attackers first embedded malware on June 15, 2022, according to the investigation. That software remained hidden until last month, when over 9 gigabytes of sensitive SIM-related data tied to approximately 25 million subscribers, including customers of SKT's budget MVNO carriers, was suddenly exfiltrated. Among the leaked data were 21 types of subscriber-related information, including identification numbers and SIM authentication credentials. What hasn't been confirmed, however, is whether call records or other highly sensitive personal communications data were taken. SK Telecom has said its call detail records (CDRs) are encrypted, but encryption alone may not be enough, warns Professor Kim Seung-joo of Korea University's Graduate School of Information Security. 'Even encrypted data is vulnerable if the keys aren't securely managed,' he said in a separate media interview on Tuesday. 'The same thing happened to nine US telecoms last year.' CDRs are highly valuable in state-backed cyber operations. Unlike credit card data, they reveal patterns of communication and movement, making them ideal for tracking public officials and institutions, he explained. The malware discovered on SK Telecom's servers included BPFdoor, a backdoor tool also used by Salt Typhoon, the Chinese-linked group behind the attacks on AT&T, Verizon and T-Mobile. South Korean investigators have not confirmed the attribution, but suspicion is growing. Professor Lim Jong-in, a cyber defense expert at Korea University, told local radio on Wednesday morning that he suspects the Chinese hacking group Red Mansion may be behind the intrusion. They are known for APT-style cyberattacks -- operations that are typically slow-moving, well-funded and thus conducted by nation-state actors rather than ordinary cybercriminals. APT stands for Advanced Persistent Threat. 'Their yearslong persistence and stealth tell you this wasn't just about stealing data for profit,' said Professor Yum Heung-yeol, another cybersecurity scholar at Soonchunhyang University, according to a local media report on Wednesday. 'To compromise a core telecom operator without any spies or insider cooperation is not something amateur hackers can do.' So far, no customers have reported cloned phones, suspicious charges or extortion attempts. That silence and the long-term nature of the breach, the experts have all said, makes financial motives unlikely. 'We are looking into multiple possibilities, including whether the attack was to steal data or to establish long-term access to deeper systems,' said Ryu Jae-myeong, director-general of network policy at the ICT Ministry involved in the joint investigation team.
Yahoo
17-05-2025
- Business
- Yahoo
Retail investors account for 59% of SKY Network Television Limited's (NZSE:SKT) ownership, while institutions account for 32%
The considerable ownership by retail investors in SKY Network Television indicates that they collectively have a greater say in management and business strategy 41% of the business is held by the top 25 shareholders 32% of SKY Network Television is held by Institutions AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. To get a sense of who is truly in control of SKY Network Television Limited (NZSE:SKT), it is important to understand the ownership structure of the business. We can see that retail investors own the lion's share in the company with 59% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). Institutions, on the other hand, account for 32% of the company's stockholders. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time. In the chart below, we zoom in on the different ownership groups of SKY Network Television. See our latest analysis for SKY Network Television Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. SKY Network Television already has institutions on the share registry. Indeed, they own a respectable stake in the company. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of SKY Network Television, (below). Of course, keep in mind that there are other factors to consider, too. Hedge funds don't have many shares in SKY Network Television. Accident Compensation Corporation, Asset Management Arm is currently the largest shareholder, with 11% of shares outstanding. For context, the second largest shareholder holds about 6.3% of the shares outstanding, followed by an ownership of 5.1% by the third-largest shareholder. On studying our ownership data, we found that 25 of the top shareholders collectively own less than 50% of the share register, implying that no single individual has a majority interest. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. Our most recent data indicates that insiders own less than 1% of SKY Network Television Limited. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. It seems the board members have no more than NZ$3.1m worth of shares in the NZ$346m company. Many investors in smaller companies prefer to see the board more heavily invested. You can click here to see if those insiders have been buying or selling. The general public, who are usually individual investors, hold a substantial 59% stake in SKY Network Television, suggesting it is a fairly popular stock. This level of ownership gives investors from the wider public some power to sway key policy decisions such as board composition, executive compensation, and the dividend payout ratio. It's always worth thinking about the different groups who own shares in a company. But to understand SKY Network Television better, we need to consider many other factors. Take risks for example - SKY Network Television has 2 warning signs we think you should be aware of. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Korea Herald
30-04-2025
- Business
- Korea Herald
SK Telecom scrambles to restore trust after massive data breach
Hit by 'worst-ever' hack, telecom giant loses 70,000 users in just two days South Korea's leading mobile carrier SK Telecom is facing mounting fallout from a recent hacking incident, with more than 70,000 users switching to rival providers in just two days after the company began offering free USIM card replacements. Amid growing concerns that the data breach could spill over into the financial sector, South Korean financial authorities on Wednesday launched an emergency response team and tightened security protocols. According to industry sources, 35,902 SK Telecom users switched to other major carriers Tuesday, following 34,132 users who switched Monday. During the same period, SKT gained only 11,991 new users. 'If we include those who moved to budget mobile carriers, the actual scale of the exodus is likely even higher,' an industry official said. Roughly 60 percent of users who left SKT migrated to KT, while most of the remaining subscribers switched to LG Uplus. SK Telecom CEO Ryu Young-sang acknowledged the severity of the cyberattack Wednesday, calling it 'the worst hacking incident in the history of the telecommunications industry,' during a parliamentary hearing held by the National Assembly's Science, ICT, Broadcasting and Communications Committee. When Rep. Park Jeong-hun of the People Power Party asked whether the severity of the incident was due to a breach of a system once considered virtually impenetrable, Ryu admitted it was. He added that it will take at least three months to completely replace USIM cards for the company's roughly 25 million subscribers. 'I sincerely apologize once again for the recent cyber incident. Our initial response was lacking in many ways. We will do everything we can to restore trust and resolve the situation,' Ryu said. He noted that SKT's USIM Protection Service offers a comparable level of security and that both he and SK Group Chairman Chey Tae-won are using the service without replacing their USIM cards. Regarding the possibility of additional data leaks beyond the three Home Subscriber Servers confirmed to have been breached, Ryu said further confirmation would depend on an ongoing joint investigation by government and private sector experts. Earlier in the day, the Financial Services Commission and the Financial Supervisory Service held a joint meeting with key financial infrastructure institutions and industry associations to coordinate risk prevention measures in response to the SKT data leak. According to the authorities, no signs of fraudulent activity had been detected so far. However, FSC Secretary-General Kwon Dae-young urged financial institutions to remain vigilant, warning that a spillover into financial systems could cause serious damage. 'We will operate a dedicated emergency response center and require financial institutions to report daily on any irregularities,' Kwon said. 'Special attention must be given to vulnerable groups, such as the elderly, to ensure no one is left exposed.' He also instructed key financial infrastructure providers to strengthen their cybersecurity protocols. The cyberattack — confirmed to have resulted in the leak of about 9.7 gigabytes of data after an SK Telecom server was infected with malware on April 18 — is delivering a significant blow to the telecom giant. While SKT still leads its competitors in subscriber numbers — with KT at 13.3 million and LG Uplus at 10.9 million — the company is expected to face major financial burdens, including regulatory fines and legal costs, as users prepare to file a class action lawsuit. Four SKT subscribers have already filed a lawsuit with the Seoul Central District Court, each seeking 10 million won ($7,300) in damages over the data breach. An online community organizing a class action lawsuit has amassed around 50,000 members. Shinhan Securities estimated that the cost of USIM card replacement alone could reach up to 200 billion won, based on an average replacement cost of 4,000 won per card for the entire subscriber base of 25 million.
