KB Financial (KB) to get KRW 1,399,151,741,360 interim dividend from Kookmin Bank
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
KB Financial Group Inc. reports that the board of its wholly owned subsidiary, Kookmin Bank, has declared an interim cash dividend of KRW 3,460 per common share, totaling KRW 1,399,151,741,360. The entire amount will be paid to KB Financial, which holds all Kookmin Bank common shares. The record date for eligible shareholders at the bank level is July 2, 2026, with payment expected on July 22, 2026, subject to change, in accordance with Article 53 (Dividends) of Kookmin Bank’s Articles of Incorporation.
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Key Figures
Interim dividend per share: KRW 3,460 per common share
Total interim dividend: KRW 1,399,151,741,360
Record date: July 2, 2026
+1 more
4 metrics
Interim dividend per share
KRW 3,460 per common share
Declared by Kookmin Bank’s board on June 17, 2026
Total interim dividend
KRW 1,399,151,741,360
Total amount payable to KB Financial Group Inc.
Record date
July 2, 2026
Date determining entitlement to Kookmin Bank interim dividend
Expected payment date
July 22, 2026
Expected dividend payment date, subject to change
Key Terms
interim cash dividend, record date, Articles of Incorporation, board of directors
4 terms
interim cash dividend financial
"passed a resolution to declare an interim cash dividend of KRW 3,460 per common share"
A cash payment a company declares and pays to shareholders partway through its financial year, based on the company’s interim results rather than its final annual accounts. It matters to investors because it provides near-term income, shows the company has available cash and confidence in ongoing performance, and can affect share price much like receiving a partial paycheck before the end of a pay period.
record date financial
"The record date is July 2, 2026, and the payment of such dividends"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
Articles of Incorporation regulatory
"Such payment will be made in accordance with Article 53 (Dividends) of Kookmin Bank’s Articles of Incorporation"
A formal legal document filed with a government authority that creates a corporation and sets its basic rules — for example the company name, business purpose, how many ownership shares can exist, and who can receive legal notices. It matters to investors because it defines ownership structure, voting rights, and limits on liability, shaping who controls the company and how future shares or dividends can affect an investor’s stake; think of it as the company’s birth certificate and rulebook.
board of directors financial
"the board of directors of Kookmin Bank, a wholly-owned subsidiary"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What interim dividend did Kookmin Bank declare for KB (KB Financial Group)?
Kookmin Bank declared an interim cash dividend of KRW 3,460 per common share, totaling KRW 1,399,151,741,360. Because KB Financial Group owns all Kookmin Bank common shares, the full dividend amount will be received by KB Financial Group Inc.
What is the record date for Kookmin Bank’s interim dividend noted by KB?
The record date for Kookmin Bank’s interim cash dividend is July 2, 2026. Shareholders of Kookmin Bank’s common stock on that date determine who is entitled to the dividend, although KB Financial Group owns all of those shares.
When is Kookmin Bank’s interim dividend expected to be paid to KB Financial?
The interim dividend is expected to be paid on July 22, 2026. The filing notes this payment date is subject to change, but it provides investors with an indicative timing for when KB Financial Group should receive the cash inflow.
Under what authority was Kookmin Bank’s interim dividend to KB declared?
The interim cash dividend was declared in accordance with Article 53 (Dividends) of Kookmin Bank’s Articles of Incorporation. The board of directors passed the resolution on June 17, 2026, following the procedures set out in that article.