Shinhan Financial Gr Dividend yield

Shinhan Financial Gr is part of Banks business, which is part of Financials industry. Shinhan Financial Gr is a company from Korea, and his stocks are publicly traded.

Shinhan Financial Gr stock dividend

Shinhan Financial Gr paid a total dividend of 1,168,727 million KRW last year, for a market value of 17,952,750 millions (Market Cap 17,024,450 millions). Shinhan Financial Gr dividend per share is 2,314.31 KRW, and his stock market price 35,550.00 KRW.

According to the chart below, where dividend yield is displayed, Shinhan Financial Gr has a dividend yield of 6.51%, which is higher than the amount offered by both the market average and companies from Korea. It is also bigger than average of Financials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Shinhan Financial Gr stocks dividend with other Banks companies or other of the high Korea dividend stocks list.

Shinhan Financial Gr Dividend Payout

About the ability of Shinhan Financial Gr to maintain his current dividend of KRW 2314.31 per share, an amount that accounts for 6.51%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Shinhan Financial Gr payout on ernings is currently 24.74%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that Shinhan Financial Grcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Shinhan Financial Gr is KRW 27,346.15 per share, which is higher than the dividend per share paid by the company of KRW 2,314.31, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Shinhan Financial Gr, compared againt world market average, Korea companies, Financials industry and Banks sector companies.

Shinhan Financial Gr Dividend History

Below you will find a table with the historical evolution of Shinhan Financial Gr's dividend stock, both in percentage and in KRW, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	KRW	Paypout	Shares*
Present	6.51%	2,314.31	24.74%	505
2022	7.39%	2,601.28	32.52%	517
2021	5.60%	2,060.80	29.68%	517
2020	5.77%	1,849.29	26.54%	517
2019	3.69%	1,599.62	23.25%	471
2018	3.66%	1,449.36	22.69%	474
2017	2.94%	1,452.36	24.40%	474
2016	2.72%	1,199.52	23.94%	474
2015	2.29%	949.21	21.53%	474

*In millions

Then you can see the evolution of Shinhan Financial Gr dividend stock, and compare it with the average of Korea stocks and that of the Banks stocks.

Shinhan Financial Gr Stock performance

Finally, last moth Shinhan Financial Gr showed a return of 1.40% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -2.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Korea and Banks firms.