GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Woori Financial Group Inc (NYSE:WF) » Definitions » Forward Dividend Yield %

Woori Financial Group (Woori Financial Group) Forward Dividend Yield % : 7.28% (As of May. 02, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Woori Financial Group Forward Dividend Yield %?

As of today (2024-05-02), the Forward Annual Dividend Yield of Woori Financial Group is 7.28%.

As of today (2024-05-02), the Trailing Annual Dividend Yield of Woori Financial Group is 7.28%.

WF's Forward Dividend Yield % is ranked better than
83.94% of 1177 companies
in the Banks industry
Industry Median: 4.15 vs WF: 7.28

Woori Financial Group's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

During the past 12 months, Woori Financial Group's average Dividends Per Share Growth Rate was -68.10% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Woori Financial Group was 17.30% per year. The lowest was 17.30% per year. And the median was 17.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Woori Financial Group's Forward Dividend Yield %

For the Banks - Regional subindustry, Woori Financial Group's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Woori Financial Group's Forward Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Woori Financial Group's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Woori Financial Group's Forward Dividend Yield % falls into.



Woori Financial Group Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Woori Financial Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.4160002024-03-282024-04-012024-04-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.4100002023-09-282023-09-292023-11-17Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 0.4090002023-06-292023-06-302023-08-16Cash Dividendsemi-annuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Woori Financial Group's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=5.664/30.70
=18.45 %

Current Share Price is $30.70.
Woori Financial Group's Dividends per Share for the forward twelve months is calculated as $1.416 * 4 = $5.664.

Woori Financial Group's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.235/30.70
=7.28 %

Current Share Price is $30.70.
Woori Financial Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.235.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Woori Financial Group  (NYSE:WF) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Woori Financial Group Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Woori Financial Group's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Woori Financial Group (Woori Financial Group) Business Description

Traded in Other Exchanges
Address
51, Sogong-ro, Jung-gu, Seoul, KOR, 04632
Woori is one of Korea's four largest commercial banking groups. It was formed in 2001 through the merger of several financially troubled banks affected by the Asian financial crisis and became temporarily 100% government-owned after a bailout. It had been the largest banking group by assets but is now number four after the government required the sale of a number of subsidiaries in 2014 in an effort to recoup taxpayer money. The government has completed the process of fully divesting itself of Woori, with Korea Deposit Insurance selling its final 1.2% stake in late 2023.

Woori Financial Group (Woori Financial Group) Headlines

From GuruFocus

Woori Financial Group Inc. Files Its Annual Report on Form 20-F

By Business Wire Business Wire 05-16-2022

Woori Financial Group Inc. Files Its Annual Report on Form 20-F

By Business Wire Business Wire 04-30-2021

Woori Financial Group Inc. Files Its Annual Report on Form 20-F

By Business Wire Business Wire 04-21-2023