Business Context and Reporting Period
This Form 6-K filing by Woori Financial Group Inc. covers the month of April 2025. The report details a board resolution passed on April 25, 2025, regarding the declaration of a quarterly cash dividend.
Key Financial Metrics
- Dividend Per Share: KRW 200 per common share.
- Total Dividend Amount: KRW 147,757,511,200 (calculated based on 738,787,556 outstanding shares as of April 24, 2025).
- Market Price-Dividend Ratio: 1.2%.
- Dividend Type: Cash dividend (Quarterly).
Note: The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity metrics.
Material Changes
The filing does not disclose material changes in financial performance compared to prior periods. It notes that the total dividend amount is subject to change based on the number of outstanding shares as of the record date, following the acquisition of treasury shares previously disclosed on February 7, 2025.
Guidance, Outlook, and Management Commentary
- Dividend Predictability: The board pre-determined record and payout dates for the second and third quarters of 2025 on March 26, 2025, to enhance predictability for investors.
- Board Attendance: All 7 outside directors were present at the meeting; no auditors attended.
- Shareholder Meeting: No shareholders' meeting is scheduled for this resolution.
Investor Verification Checklist
- Verify the final number of outstanding shares as of the record date (May 10, 2025) to confirm the actual total dividend payout.
- Confirm the scheduled payout date of May 30, 2025, as it is subject to change based on discussions with relevant institutions.
- Review the Form 6-K filed on February 7, 2025, for details on treasury share acquisitions affecting the share count.