Shinhan Financial Group Dividends and Buybacks
Dividend criteria checks 4/6
Shinhan Financial Group is a dividend paying company with a current yield of 4.2% that is well covered by earnings.
Key information
4.2%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 4.0% |
| Future Dividend Yield | 5.2% |
| Dividend Growth | 7.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.568 |
| Payout ratio | 25% |
Recent dividend and buyback updates
Recent updates
Shinhan Financial: Earnings Miss, Long-Term ROE Target Are Key Considerations (Rating Downgrade)
Oct 30Shinhan Financial Has Valuation Re-Rating Potential (Rating Upgrade)
Jul 06Shinhan Financial: Mixed Prospects, Fair Valuation
Oct 06Shinhan Financial: Focus On Earnings Miss And Shareholder Return
Jul 28Shinhan Financial GAAP EPS of $8.45
Feb 08Shinhan Financial: All Eyes On 2023 Outlook
Dec 23Shinhan Financial: Recent Dividend And Buyback Announcements Are Encouraging
Oct 13Shinhan Financial Net income of KRW2.72T, revenue of KRW6.97T
Jul 22Shinhan Financial: Look Beyond Q4 Earnings Miss
Feb 25Shinhan Financial: Rate Hikes And Higher Dividends Are Key Catalysts
Dec 03Shinhan Financial: Non-Banking Businesses And Capital Return Draw Attention
Sep 20Shinhan Financial: Positive On Quarterly Dividends And Potential Rate Hike
Jul 05Shinhan Financial Group: Turning Positive On Valuation Grounds
Feb 02Shinhan Financial Group: All Eyes On Fund Raising And Dividends
Nov 20Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SHG's dividend payments have been volatile in the past 10 years.
Growing Dividend: SHG's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shinhan Financial Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SHG) | 4.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Banks) | 2.7% |
| Analyst forecast (SHG) (up to 3 years) | 5.2% |
Notable Dividend: SHG's dividend (4.2%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: SHG's dividend (4.2%) is low compared to the top 25% of dividend payers in the US market (4.37%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.7%), SHG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SHG's dividends in 3 years are forecast to be well covered by earnings (27.8% payout ratio).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 12:48 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shinhan Financial Group Co., Ltd. is covered by 46 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sunmok Ha | Barclays |
| Michelle Cho | BNP Paribas Securities (Asia) |
| Jeehoon Park | BofA Global Research |