StockWatch
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Commercial Banks
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.