
DividendJul 24, 2026, 06:11 AM
Woori Financial Group Declares KRW 220 Quarterly Cash Dividend
AI Summary
Woori Financial Group Inc. announced that its board of directors passed a resolution recommending a cash dividend of KRW 220 per common share. The total dividend amount is KRW 160,167,862,140, with a record date of August 10, 2026, and a scheduled payout date of August 31, 2026. This quarterly dividend, representing a 0.7% market price-dividend ratio, is generally not considered taxable income under Korean tax law for most shareholders as it is paid from retained earnings through a capital reserve reduction.
Key Highlights
- Board approved a cash dividend of KRW 220 per common share.
- Total dividend amount is KRW 160,167,862,140.
- Dividend record date is August 10, 2026.
- Scheduled dividend payout date is August 31, 2026.
- Market price-dividend ratio is 0.7%.
- Dividend is a quarterly payment.
- Dividend is generally not taxable income under Korean tax law for most shareholders.
Price Impact
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