Shinhan Financial Group Co., Ltd. provides financial products and services in South Korea and internationally. The company operates through six segments: Banking, Credit Card, Securities, Life Insurance, Credit, and Others. It offers retail banking services, including demand, savings, and fixed deposit-taking; checking accounts; mortgage and home equity, and retail lending; electronic banking and automatic teller machines (ATM); and bill paying, payroll and check-cashing, currency exchange, and wire fund transfer services. The company also provides corporate banking services, such as investment banking, real estate financing, overseas real estate and development project financing, infrastructure and structured financing, equity/venture investments, mergers and acquisitions consulting; securitization and derivatives services comprising securities and derivative products, and foreign exchange trading; and working capital loans and facilities loans. In addition, it is involved in treasury and investment activities in international capital markets consisting of foreign currency-denominated securities trading, foreign exchange trading and services, trade-related financial services, international factoring services, and foreign banking operations. Further, the company offers trust account management, securities brokerage, and asset management services, as well as leasing and equipment financing, savings banking, loan collection and credit reporting, collective investment administration, private equity investment, and financial system development services. As of December 31, 2021, it operated a network of 784 service centers; 5,234 ATMs; 7 cash dispensers; and 85 digital kiosks. Shinhan Financial Group Co., Ltd. was founded in 1982 and is headquartered in Seoul, South Korea.
Shinhan Financial Dividend Announcement
• Shinhan Financial announced a quarterly dividend of $0.30 per ordinary share which will be made payable on 2024-11-15. Ex dividend date: 2024-09-30
• Shinhan Financial annual dividend for 2024 was $1.61
• Shinhan Financial annual dividend for 2023 was $0.93
• Shinhan Financial's trailing twelve-month (TTM) dividend yield is 4.01%
• Shinhan Financial's payout ratio for the trailing twelve months (TTM) is 27.83%
• Shinhan Financial's dividend growth over the last five years (2018-2023) was -7.78% year
• Shinhan Financial's dividend growth over the last ten years (2013-2023) was 3.97% year
Shinhan Financial Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-30 | $0.30 | quarterly | 2024-11-15 |
| 2024-06-28 | $0.30 | quarterly | 2024-08-16 |
| 2024-03-27 | $0.31 | quarterly | 2024-05-17 |
| 2024-03-20 | $0.30 | quarterly | 2024-04-12 |
| 2024-02-22 | $0.40 | quarterly | 2024-08-12 |
| 2023-09-28 | $0.31 | quarterly | 2023-11-10 |
| 2023-06-29 | $0.31 | quarterly | 2023-08-11 |
| 2023-03-30 | $0.31 | quarterly | 2023-05-19 |
| 2022-12-28 | $0.53 | quarterly | 2023-04-14 |
| 2022-09-29 | $0.21 | quarterly | 2022-11-02 |
| 2022-06-29 | $0.23 | quarterly | 2022-09-02 |
| 2022-03-30 | $0.24 | quarterly | 2022-05-13 |
| 2021-12-29 | $0.94 | quarterly | 2022-04-15 |
| 2021-09-29 | $0.16 | quarterly | 2021-11-15 |
| 2021-06-29 | $0.19 | quarterly | 2021-09-03 |
| 2020-12-30 | $1.02 | quarterly | 2021-04-16 |
| 2019-12-30 | $1.51 | quarterly | 2020-04-17 |
| 2018-12-28 | $1.39 | quarterly | 2019-04-19 |
| 2017-12-28 | $1.35 | quarterly | 2018-04-13 |
| 2016-12-28 | $1.26 | quarterly | |
| 2015-12-29 | $1.04 | quarterly | 2016-04-22 |
| 2014-12-29 | $0.87 | quarterly | 2015-04-17 |
| 2013-12-27 | $0.63 | quarterly | 2014-04-18 |
Shinhan Financial Dividend per year
Shinhan Financial Dividend growth
Shinhan Financial Dividend Yield
Shinhan Financial current trailing twelve-month (TTM) dividend yield is 4.01%. Interested in purchasing Shinhan Financial stock? Use our calculator to estimate your expected dividend yield:
Shinhan Financial Financial Ratios
P/E ratio6.42
PEG ratio0.00
P/B ratio0.58
ROE8.94%
Payout ratio27.83%
Current ratio132.07
Quick ratio132.07
Cash Ratio151.40
Shinhan Financial Dividend FAQ
How much is the next Shinhan Financial dividend?
Shinhan 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 Shinhan Financial dividend. The next Shinhan Financial dividend will be released in March, June, or September.
When is Shinhan Financial dividend paid?
Shinhan Financial pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, and September. 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 Shinhan Financial pay?
The specific amount of Shinhan 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 Shinhan Financial's dividend history.
Does Shinhan Financial stock pay dividends?
Yes, Shinhan 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 Shinhan Financial's dividend history.
How much dividend does Shinhan Financial pay?
Shinhan Financial paid $1.605 in 2024, $0.926 in 2023, $1.211 in 2022, $1.292 in 2021, and $1.02 in 2020.
How often does Shinhan Financial pay dividends?
Shinhan Financial typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, and September.
What is Shinhan Financial's dividend yield?
The current dividend yield for Shinhan Financial is 4.01%. 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 Shinhan Financial's exact dividend yield.
When does Shinhan Financial go ex dividend?
Shinhan Financial's ex-dividend date for the latest dividend was on 2024-09-30. Shinhan 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 Shinhan Financial dividend paid?
Shinhan Financial pays dividends on a quarterly basis, typically around March, June, or September, but the exact dates can vary each year.
Will Shinhan 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 Shinhan 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 Shinhan Financial dividend per share?
Shinhan Financial paid $1.605 per share in 2024 and $0.926 per share in 2023. The amount of dividend per share that Shinhan 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 Shinhan 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 Shinhan 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 Shinhan Financial a dividend stock?
Yes, Shinhan Financial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shinhan Financial a good dividend stock?
Whether Shinhan 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. Shinhan Financial has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Shinhan 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.
Other factors to consider when evaluating Shinhan 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 Shinhan Financial pay dividends monthly?
Shinhan Financial typically pays dividends on a quarterly basis.
Does Shinhan Financial pay dividends quarterly?
Shinhan Financial currently pays dividends on a quarterly basis.
Has Shinhan Financial ever paid a dividend?
Yes, Shinhan Financial has a history of paying dividends to its shareholders. Shinhan Financial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shinhan Financial dividend stocks?
To buy Shinhan 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 Shinhan 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.
Place an order: Use the brokerage's trading platform to place an order to buy Shinhan 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 Shinhan Financial pay dividends 2024?
Shinhan Financial pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-15. 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 Shinhan Financial increase its dividend in 2024?
Decisions regarding Shinhan 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 Shinhan Financial dividend overview you can look into the above table of dividend history.
How Shinhan Financial dividend works?
The Shinhan 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 Shinhan Financial's dividend process works:
1. Determination of Dividend: Shinhan 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, Shinhan 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, Shinhan 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 Shinhan 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.
1. Determination of Dividend: Shinhan 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, Shinhan 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, Shinhan 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 Shinhan 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 Shinhan Financial dividends paid?
Shinhan Financial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Shinhan 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, Shinhan 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: Shinhan 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.
1. Record Date: Shinhan 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, Shinhan 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: Shinhan 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 Shinhan Financial pay dividends?
Shinhan Financial typically pays dividends on a quarterly 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 Shinhan Financial pay dividends?
The general pattern is that Shinhan Financial pays dividends around March, June, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Shinhan Financial dividend safe?
The safety of Shinhan 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 Shinhan 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 Shinhan 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.
To assess the safety of Shinhan 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 Shinhan 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.