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Meritz Financial Group Inc., through its subsidiaries, provides various financial services in South Korea. The company offers fire, marine, long-term, automobile, and general insurance products, as well as credit financing, asset management, etc.; and securities and OTC derivatives investment/brokerage and trading, trust, and investment consulting and discretion services. It is also involved in the provision of car financing, personal loan, and corporate financing services; real estate investment trusts management services; and commissioned management of investment trusts. The company was founded in 2007 and is based in Seoul, South Korea.

Meritz Financial Dividend Announcement

Meritz Financial announced a annually dividend of ₩2360.00 per ordinary share which will be made payable on 2024-04-05. Ex dividend date: 2023-12-27
Meritz Financial annual dividend for 2023 was ₩2360.00
Meritz Financial's trailing twelve-month (TTM) dividend yield is 2.31%
Meritz Financial's payout ratio for the trailing twelve months (TTM) is 21.63%
Meritz Financial's dividend growth over the last five years (2018-2023) was 38.09% year

Meritz Financial Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-12-27₩2360.00annually2024-04-05
2022-12-28₩105.00annually2023-03-31
2021-12-29₩210.00annually2022-04-11
2020-12-29₩900.00annually2021-04-09
2019-12-27₩550.00annually2020-03-27
2018-12-27₩470.00annually2019-03-29
2017-12-27₩520.00annually2018-03-30
2016-12-28₩300.00annually
2015-12-29₩155.00annually
2014-12-29₩85.00annually
2013-12-27₩85.09annually
2013-03-28₩70.91annually

Meritz Financial Dividend per year

Meritz Financial Dividend growth

Meritz Financial Dividend Yield

Meritz Financial current trailing twelve-month (TTM) dividend yield is 2.31%. Interested in purchasing Meritz Financial stock? Use our calculator to estimate your expected dividend yield:

Meritz Financial Financial Ratios

P/E ratio8.48
PEG ratio1.17
P/B ratio2.16
ROE25.45%
Payout ratio21.63%
Current ratio0.55
Quick ratio0.55
Cash Ratio0.06

Meritz Financial Dividend FAQ

How much is the next Meritz Financial dividend?
Meritz Financial's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Meritz Financial dividend. The next Meritz Financial dividend will be released in December.
When is Meritz Financial dividend paid?
Meritz Financial pays dividends on a annually basis. The specific dates may vary each year but are generally around December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Meritz Financial pay?
The specific amount of Meritz Financial dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Meritz Financial's dividend history.
Does Meritz Financial stock pay dividends?
Yes, Meritz Financial does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Meritz Financial's dividend history.
How much dividend does Meritz Financial pay?
Meritz Financial paid ₩0.0 in 2024, ₩2360.0 in 2023, ₩105.0 in 2022, ₩210.0 in 2021, and ₩900.0 in 2020.
How often does Meritz Financial pay dividends?
Meritz Financial typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around December.
What is Meritz Financial's dividend yield?
The current dividend yield for Meritz Financial is 2.31%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Meritz Financial's exact dividend yield.
When does Meritz Financial go ex dividend?
Meritz Financial's ex-dividend date for the latest dividend was on 2023-12-27. Meritz Financial typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Meritz Financial dividend paid?
Meritz Financial pays dividends on a annually basis, typically around December, but the exact dates can vary each year.
Will Meritz Financial increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Meritz Financial will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Meritz Financial dividend per share?
Meritz Financial paid ₩0.0 per share in 2024 and ₩2360.0 per share in 2023. The amount of dividend per share that Meritz Financial pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Meritz Financial a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Meritz Financial a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Meritz Financial a dividend stock?
Yes, Meritz Financial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Meritz Financial a good dividend stock?
Whether Meritz Financial is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Meritz Financial has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Meritz Financial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Meritz Financial pay dividends monthly?
Meritz Financial typically pays dividends on a annually basis.
Does Meritz Financial pay dividends quarterly?
Meritz Financial currently pays dividends on a annually basis.
Has Meritz Financial ever paid a dividend?
Yes, Meritz Financial has a history of paying dividends to its shareholders. Meritz Financial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Meritz Financial dividend stocks?
To buy Meritz Financial you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Meritz Financial stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Meritz Financial pay dividends 2024?
Meritz Financial pays dividends on a annually basis. 2024 dividend payments are in 2024-04-05. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Meritz Financial increase its dividend in 2024?
Decisions regarding Meritz Financial dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Meritz Financial dividend overview you can look into the above table of dividend history.
How Meritz Financial dividend works?
The Meritz Financial dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Meritz Financial's dividend process works:

1. Determination of Dividend: Meritz Financial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Meritz Financial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Meritz Financial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Meritz Financial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Meritz Financial dividends paid?
Meritz Financial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Meritz Financial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Meritz Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Meritz Financial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Meritz Financial pay dividends?
Meritz Financial typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Meritz Financial pay dividends?
The general pattern is that Meritz Financial pays dividends around December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Meritz Financial dividend safe?
The safety of Meritz Financial's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Meritz Financial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Meritz Financial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.