Woori Financial Group Inc Dividends
The next dividend date for Woori Financial Group Inc has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Woori Financial Group Inc (WF)
More About Woori Financial Group Inc
Woori Financial Group Inc., together with its subsidiaries, operates as a commercial bank which provides various financial services to individual, business, and institutional customers in Korea. The company operates through Banking, Credit Card, Capital, Investment Securities, and Others segments. It offers savings, demand, and installment deposits; time deposits, certificates of deposit, and repurchase instruments; and working capital, facilities, general purpose household, mortgage, and home equity loans. The company also offers debit and credit cards, cash services, card loans, and related services; lease financing; and securities operation, sale of financial instruments, project financing, and other related solutions. In addition, it provides credit purchase, cash advance, credit card loans, foreign exchange services and dealing, import and export-related services, offshore lending, syndicated loans and foreign currency securities investment, investment trust products, bancassurance, and private equity funds. Further, the company is involved in the real estate, system software development and maintenance, financing, credit information, securities investment and trading, derivatives trading, asset securitization, investment and international banking, money transfer, and other service. Additionally, the company offers automated telephone, Internet, and mobile banking services; and trust management, trustee, and custodian service.Woori Financial Group Inc. through its subsidiary Tong Yang Life Insurance Co., Ltd. offers life insurance; accident compensation insurance and child insurance services; and retirement pension services and asset management services. Woori Financial Group Inc. was founded in 1899 and is headquartered in Seoul, South Korea.
Owning Woori Financial Group Inc Stock on the Dividend Date
If you own Woori Financial Group Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Woori Financial Group Inc stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Woori Financial Group Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Woori Financial Group Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Woori Financial Group Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Woori Financial Group Inc Dividends
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