Woori Financial -Why Woori Bank (WF) is a Great Dividend Stock Right Now

Company Overview - Woori Bank is based in Seoul and operates in the Finance sector, with a year-to-date share price change of 16.41% [3] - The current dividend payout is $0.3 per share, resulting in a dividend yield of 3.45%, which is lower than the Banks - Foreign industry's yield of 3.86% and significantly higher than the S&P 500's yield of 1.56% [3] Dividend Performance - The annualized dividend of Woori Bank is$ 1.21, reflecting an increase of 89.7% from the previous year [4] - Over the past five years, the company has increased its dividend three times, with an average annual increase of 0.01% [4] - The current payout ratio is 16%, indicating that Woori Bank paid out 16% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for Woori Bank's earnings in 2024 is $8.21 per share, with an expected increase of 10.65% from the previous year [5] Investment Considerations - Woori Bank is considered a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [7]