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 $3.49
• Woori Financial annual dividend for 2023 was $0.82
• Woori Financial's trailing twelve-month (TTM) dividend yield is 0.01%
• Woori Financial's payout ratio for the trailing twelve months (TTM) is 9.90%
• Woori Financial's dividend growth over the last five years (2018-2023) was -10.55% year
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 | 2024-05-21 |
2024-02-28 | $1.45 | quarterly | 2024-08-12 |
2023-09-28 | $0.41 | quarterly | 2023-11-17 |
2023-06-29 | $0.41 | quarterly | 2023-08-16 |
2022-12-29 | $2.26 | quarterly | 2023-04-21 |
2022-06-29 | $0.27 | quarterly | 2022-08-18 |
2021-12-30 | $1.84 | quarterly | 2022-04-21 |
2021-07-29 | $0.38 | quarterly | 2021-08-26 |
2020-12-30 | $0.79 | quarterly | 2021-04-16 |
2019-12-30 | $1.73 | quarterly | 2020-04-17 |
2018-12-31 | $1.43 | quarterly | 2019-04-24 |
2017-12-28 | $1.41 | quarterly | 2018-04-18 |
2017-06-28 | $0.18 | quarterly | 2017-08-18 |
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 0.01%. Interested in purchasing Woori Financial stock? Use our calculator to estimate your expected dividend yield:
Woori Financial Financial Ratios
Woori Financial Dividend FAQ
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.
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.
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. 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.
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.