STOCK TITAN

KRW 220 dividend and tax terms detailed by Woori Financial (NYSE: WF)

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Woori Financial Group Inc. has approved a quarterly cash dividend of KRW 220 per common share, with a total planned payout of KRW 160,828,546,780 based on 731,038,849 shares outstanding as of April 23, 2026.

The record date for receiving this dividend is May 11, 2026, and the scheduled payment date is May 29, 2026. The market price-dividend ratio is listed as 0.6%, showing the dividend level relative to recent share prices.

The dividend will be funded from capital reserve converted into retained earnings and is stated as not taxable dividend income under Korean income and corporate tax laws for most shareholders, with specific limits for certain large resident shareholders.

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Insights

Woori sets a KRW 220 quarterly dividend with favorable tax treatment.

Woori Financial Group is distributing a quarterly cash dividend of KRW 220 per common share, totaling about KRW 160.8 billion. The stated market price-dividend ratio of 0.6% links the payout level to recent trading prices.

The dividend is paid from capital reserves converted into retained earnings, which the company notes means it is not treated as taxable dividend income for most shareholders under Korean tax law. Certain large resident shareholders only receive this treatment up to the book value of their holdings.

The board had already set the May 11, 2026 record date and May 29, 2026 payout date earlier in the year to support more predictable dividends. Future disclosures may clarify how ongoing treasury share acquisitions affect the final total payout.

Dividend per share KRW 220 per common share Quarterly cash dividend approved by board
Total dividend amount KRW 160,828,546,780 Calculated using shares outstanding as of April 23, 2026
Shares outstanding basis 731,038,849 shares Common shares outstanding as of April 23, 2026
Market price-dividend ratio 0.6% Based on average final market prices before April 24, 2026
Dividend record date May 11, 2026 Date determining shareholder eligibility for dividend
Dividend payment date May 29, 2026 Scheduled payout date set by the board
Outside directors present 7 directors Attendance at April 24, 2026 board resolution
market price-dividend ratio financial
"The above “4. Market price-dividend ratio (%)”is based on the dividend per share as a percentage of the arithmetic average"
record date financial
"The record date is May 11, 2026."
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.
treasury shares financial
"following the acquisition of treasury shares as disclosed in the Form 6-K furnished on February 6, 2026"
Treasury shares are a company’s own stock that it has repurchased and keeps on its books instead of canceling or leaving in the hands of outside investors. Think of them like coupons a business puts back in a drawer: they don’t vote or receive dividends while held, but they can be reissued later for employee pay or fundraising. For investors this matters because buybacks change the number of shares that count toward earnings and ownership, can boost per‑share metrics, and use corporate cash that might otherwise go to growth or dividends.
capital reserve financial
"will be paid from funds converted into retained earnings through a reduction of capital reserve"
A capital reserve is a portion of a company's profits set aside for special purposes, such as funding future growth or covering unexpected expenses. It acts like a savings fund that helps ensure the company’s stability and long-term success, which is reassuring for investors because it indicates the company is prepared for future opportunities or challenges.
retained earnings financial
"will be paid from funds converted into retained earnings through a reduction of capital reserve"
Retained earnings are the cumulative portion of a company's profits that management keeps instead of distributing to shareholders as dividends; they appear on the balance sheet as part of owners’ value. For investors, retained earnings matter because they act like a company’s savings account—funding growth, paying down debt, or supporting future dividends—and their size and changes reveal how profitable the business has been and how management chooses to use those profits.
large shareholders financial
"in the case of certain resident shareholders who qualify as large shareholders, such dividend is excluded from dividend income only up to the book value"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What dividend did Woori Financial Group (WF) declare for Q2 2026?

Woori Financial Group declared a quarterly cash dividend of KRW 220 per common share. Based on 731,038,849 shares outstanding on April 23, 2026, the planned total payout is KRW 160,828,546,780, subject to changes in outstanding shares by the record date.

What are the record date and payment date for Woori Financial Group (WF) dividend?

The record date to qualify for Woori Financial Group’s dividend is May 11, 2026. The scheduled dividend payment date is May 29, 2026, set previously by the board to enhance predictability of quarterly dividends for investors during 2026.

How is Woori Financial Group (WF) funding the KRW 220 dividend per share?

The KRW 220 per share dividend will be paid from funds converted into retained earnings via a reduction of capital reserve. Because of this structure, the company states it is not treated as dividend income for most shareholders under Korean income and corporate tax laws.

Is the Woori Financial Group (WF) dividend taxable for shareholders?

The company states this dividend is not considered dividend income under Korean Income and Corporate Tax Acts. However, for certain resident large shareholders, the non-dividend-income treatment applies only up to the book value of their shares, with excess amounts treated differently.

What does the 0.6% market price-dividend ratio mean for Woori Financial Group (WF)?

The market price-dividend ratio of 0.6% shows the dividend per share as a percentage of the arithmetic average final market prices. Those prices were measured between one week before the April 24, 2026 board decision date and the trading day immediately preceding that decision.

Can Woori Financial Group’s (WF) total dividend amount change from KRW 160.8 billion?

The total dividend amount of KRW 160,828,546,780 is calculated using 731,038,849 common shares outstanding on April 23, 2026. The filing notes the final total may change depending on the actual number of outstanding shares on the May 11, 2026 record date.
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of April 2026

Commission File Number: 001-31811

 

 

Woori Financial Group Inc.

(Translation of registrant’s name into English)

 

 

51, Sogong-ro, Jung-gu, Seoul, 04632, Korea

(Address of principal executive office)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒   Form 40-F ☐

 

 
 


Resolution Relating to Woori Financial Group’s Dividend Payments

On April 24, 2026, the board of directors of Woori Financial Group Inc. (“Woori Financial Group”) passed a resolution recommending a cash dividend of KRW 220 per common share. The record date is May 11, 2026.

Key Details

 

1. Category of dividends    Quarterly dividend
2. Types of dividends    Cash dividend
- Details of dividends in kind    — 
3. Dividends per share (KRW)    Common stock    220
   Different classes of stocks    — 
- Differential dividends    No
4. Market price-dividend ratio (%)    Common stock    0.6
   Different classes of stocks    — 
5. Total amount of dividends (KRW)    160,828,546,780
6. Dividend record date    5/11/2026
7. Scheduled dividend payout date    5/29/2026
8. Hosting shareholders’ meeting (Y/N)    No
9. Scheduled date of shareholders’ meeting    — 
10. Date of board resolution (decision date)    4/24/2026
- Attendance of outside directors    Present (No.)    7
   Absent (No.)    0
   
- Attendance of auditors (members of Audit Committee who are not outside directors)    — 
11. Other matters to be factored into investment decisions

-The above “4. Market price-dividend ratio (%)”is based on the dividend per share as a percentage of the arithmetic average of the final market prices per share of Woori Financial Group’s shares during the period between the trading day immediately preceding the date listed above as “10. Date of board resolution (decision date)” and the date exactly one week prior to such date.

 

- The above “5. Total amount of dividends (KRW)” was calculated based on our outstanding common shares of 731,038,849 shares as of April 23, 2026. The actual dividend amount is subject to change based on the number of outstanding shares as of the record date (May 11, 2026), following the acquisition of treasury shares as disclosed in the Form 6-K furnished on February 6, 2026 titled “Resolution to Enter into a Trust Agreement for Acquisition of Treasury Shares.”

 

- The above “6. Dividend record date” and “7. Scheduled dividend payout date” were determined by the board of directors on February 6, 2026 in order to enhance the predictability of dividends for investors. On the same day, the board of directors also determined in advance the record dates and scheduled payout dates for the quarterly dividends for the second and third quarters of 2026, as disclosed in the Form 6-K furnished on February 6, 2026 titled “Notice of Record Date for the Shareholders Entitled to the Distribution of Quarterly Dividends in 2026.”

 

- The cash dividend (KRW 220 per share) will be paid from funds converted into retained earnings through a reduction of capital reserve, and therefore will not be considered to be dividend income under the Income Tax Act of Korea or the Corporate Tax Act of Korea, and is thus not taxable income. However, in accordance with the relevant regulations (Article 26-3, Paragraph 6 of the Enforcement Decree of the Income Tax Act of Korea), in the case of certain resident shareholders who qualify as large shareholders, such dividend is excluded from dividend income only up to the book value of the shares held by such resident.

 

- The scheduled dividend payout date is subject to change based on discussions with relevant institutions.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

   

Woori Financial Group Inc.

    (Registrant)
Date: April 24, 2026     By:  

/s/ Seong Min Kwak

    (Signature)
    Name:   Seong Min Kwak
    Title:   Deputy President