Shinhan Financial Group Updates Dividend Record Date Policy for FY2025

Shinhan Financial Group Co ( (SHG) ) has shared an update.

Shinhan Financial Group announced an amendment to its Articles of Incorporation, allowing the Board of Directors to set the record date for dividends, aligning with global standards. This change was approved at the Annual General Meeting on March 23, 2023. For fiscal year 2025, the year-end dividend record date will be set after mid-February 2026, impacting shareholders’ eligibility for dividends. This strategic move may enhance operational flexibility and align shareholder interests with global practices.

The most recent analyst rating on (SHG) stock is a Buy with a $58.00 price target. To see the full list of analyst forecasts on Shinhan Financial Group Co stock, see the SHG Stock Forecast page.

Spark’s Take on SHG Stock

According to Spark, TipRanks’ AI Analyst, SHG is a Outperform.

Shinhan Financial Group’s stock is supported by strong technical indicators and attractive valuation metrics. However, financial performance is hindered by cash flow challenges and moderate leverage. The earnings call provided a mixed outlook with both positive shareholder returns and concerns over asset quality and income decline.

To see Spark’s full report on SHG stock, click here.

More about Shinhan Financial Group Co

Shinhan Financial Group Co., Ltd. is a leading financial services provider based in Seoul, Korea. The company operates in the banking and financial services industry, offering a wide range of products including banking, insurance, and investment services, primarily focusing on the Korean market and expanding its reach globally.

Average Trading Volume: 232,392

Technical Sentiment Signal: Buy

Current Market Cap: $25.14B

See more data about SHG stock on TipRanks’ Stock Analysis page.