Woori Financial Group Inc. Form 6-K Summary
Business Context and Reporting Period
This Form 6-K filing by Woori Financial Group Inc. (Woori Financial Group) reports a board resolution passed on October 18, 2024, regarding the declaration of a quarterly cash dividend. The filing does not contain a full financial report for a specific fiscal period but focuses on this corporate action.
Key Financial Metrics
The filing provides specific data related to the dividend distribution:
- Dividend per Share: KRW 180 for common stock.
- Total Dividend Amount: KRW 133,656,760,080.
- Outstanding Shares: 742,537,556 common shares.
- Market Price-Dividend Ratio: 1.1%.
- Record Date: September 30, 2024.
The filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity metrics.
Material Changes
This filing announces a specific corporate action (dividend declaration) rather than reporting material changes in financial performance compared to a prior period. No comparative financial data is included in this document.
Guidance, Outlook, and Risks
The filing does not contain management commentary on future guidance, outlook, risks, contingencies, or unusual items. It notes that the dividend payout date will be within 20 days of the board resolution, in accordance with the Financial Investment Services and Capital Markets Act. The board resolution was attended by 7 outside directors with no absences.
Key Facts for Investor Verification
- Verify the exact scheduled dividend payout date, which is not specified in this filing but is required to be within 20 days of October 18, 2024.
- Confirm the total number of outstanding shares (742,537,556) used for the dividend calculation against the latest capital structure reports.
- Review the company's full quarterly or annual financial statements to assess the impact of the KRW 133.66 billion dividend payout on retained earnings and liquidity.
- Check the arithmetic average closing price calculation used to derive the 1.1% market price-dividend ratio.