Woori Financial Group Inc., together with its subsidiaries, operates as a commercial bank that provides a range of financial services to individual, business, and institutional customers in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments. The company offers savings, demand, and installment deposits; time deposits and certificates of deposit; and working capital, facilities, general purpose household, mortgage, and home equity loans. It also offers debit and credit cards, cash services, card loans, and related services; lease financing; and securities operation, sale of financial instruments, project financing, and other related activities. In addition, the company provides credit purchase, cash advance, credit card loans, foreign exchange services and dealing, import and export-related services, offshore lending, syndicated loans and foreign currency securities investment, investment trust products, bancassurance, and private equity funds. Further, it is involved in the real estate, system software development and maintenance, financing, credit information, securities investment and trading, derivatives trading, asset securitization, investment and international banking, money transfer, and other service. The company also offers automated telephone, Internet, and mobile banking services. In addition, it offers trust management, trustee and custodian service, and repurchase instrument. As of December 31, 2021, it served customers through a network of 768 branches and 4,296 ATMs. The company was founded in 1899 and is headquartered in Seoul, South Korea.
Woori Financial Dividend Announcement
• Woori Financial announced a quarterly dividend of $0.30 per ordinary share which will be made payable on 2024-11-12. Ex dividend date: 2024-09-30
• Woori Financial annual dividend for 2024 was $3.48
• Woori Financial annual dividend for 2023 was $0.64
• Woori Financial's trailing twelve-month (TTM) dividend yield is 10.15%
• Woori Financial's payout ratio for the trailing twelve months (TTM) is 33.96%
Woori Financial Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-30 | $0.30 | quarterly | 2024-11-12 |
| 2024-06-28 | $0.30 | quarterly | 2024-08-15 |
| 2024-03-28 | $1.43 | quarterly | 2024-04-16 |
| 2024-02-28 | $1.45 | quarterly | 2024-05-27 |
| 2023-09-28 | $0.32 | quarterly | 2023-11-17 |
| 2023-06-29 | $0.32 | quarterly | 2023-08-16 |
| 2022-12-29 | $1.89 | quarterly | 2023-04-21 |
| 2019-12-30 | $1.73 | quarterly | 2020-04-17 |
| 2009-12-29 | $0.32 | quarterly | |
| 2005-12-28 | $0.53 | quarterly | |
| 2004-12-29 | $0.34 | quarterly | |
| 2003-12-29 | $0.75 | quarterly |
Woori Financial Dividend per year
Woori Financial Dividend growth
Woori Financial Dividend Yield
Woori Financial current trailing twelve-month (TTM) dividend yield is 10.15%. Interested in purchasing Woori Financial stock? Use our calculator to estimate your expected dividend yield:
Woori Financial Financial Ratios
P/E ratio4.44
PEG ratio0.00
P/B ratio0.41
ROE8.89%
Payout ratio33.96%
Current ratio0.59
Quick ratio0.62
Cash Ratio0.31
Woori Financial Dividend FAQ
How much is the next Woori Financial dividend?
Woori 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 Woori Financial dividend. The next Woori Financial dividend will be released in June, or September.
When is Woori Financial dividend paid?
Woori Financial pays dividends on a quarterly basis. The specific dates may vary each year but are generally around 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 Woori Financial pay?
The specific amount of Woori 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 Woori Financial's dividend history.
Does Woori Financial stock pay dividends?
Yes, Woori 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 Woori Financial's dividend history.
How much dividend does Woori Financial pay?
Woori Financial paid $3.481 in 2024, $0.641 in 2023, $1.89 in 2022, $0.0 in 2021, and $0.0 in 2020.
How often does Woori Financial pay dividends?
Woori 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 June, and September.
What is Woori Financial's dividend yield?
The current dividend yield for Woori Financial is 10.15%. 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 Woori Financial's exact dividend yield.
When does Woori Financial go ex dividend?
Woori Financial's ex-dividend date for the latest dividend was on 2024-09-30. Woori 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 Woori Financial dividend paid?
Woori Financial pays dividends on a quarterly basis, typically around June, or September, but the exact dates can vary each year.
Will Woori 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 Woori 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 Woori Financial dividend per share?
Woori Financial paid $3.481 per share in 2024 and $0.641 per share in 2023. The amount of dividend per share that Woori 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 Woori 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 Woori 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 Woori Financial a dividend stock?
Yes, Woori Financial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Woori Financial a good dividend stock?
Whether Woori 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. Woori Financial has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Woori 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 Woori 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 Woori Financial pay dividends monthly?
Woori Financial typically pays dividends on a quarterly basis.
Does Woori Financial pay dividends quarterly?
Woori Financial currently pays dividends on a quarterly basis.
Has Woori Financial ever paid a dividend?
Yes, Woori Financial has a history of paying dividends to its shareholders. Woori Financial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Woori Financial dividend stocks?
To buy Woori 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 Woori 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 Woori 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 Woori Financial pay dividends 2024?
Woori Financial pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-12. 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 Woori Financial increase its dividend in 2024?
Decisions regarding Woori 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 Woori Financial dividend overview you can look into the above table of dividend history.
How Woori Financial dividend works?
The Woori 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 Woori Financial's dividend process works:
1. Determination of Dividend: Woori 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, Woori 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, Woori 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 Woori 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: Woori 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, Woori 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, Woori 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 Woori 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 Woori Financial dividends paid?
Woori Financial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Woori 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, Woori 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: Woori 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: Woori 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, Woori 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: Woori 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 Woori Financial pay dividends?
Woori 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 Woori Financial pay dividends?
The general pattern is that Woori Financial pays dividends around 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 Woori Financial dividend safe?
The safety of Woori 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 Woori 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 Woori 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 Woori 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 Woori 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.