Among Bank Stocks, BNK Offers the Highest 2.5% Interim Dividend in Q2

The dividend per share (DPS) for the second quarter is expected to be generally similar to that of the first quarter. BNK Financial, which did not have a quarterly dividend in the first quarter but pays an interim dividend, has the highest dividend yield at 2.5%, while others are expected to have dividend yields around 1.0%.

On the 20th, Kiwoom Securities analyst Kim Eun-gap stated in a report, "Banks that have introduced quarterly dividends generally forecast the same DPS for the first and second quarters, but KB Financial and BNK Financial are expected to have differences in DPS between the first and second quarters."

Specifically, considering KB Financial’s share repurchase under the total amount-based equal quarterly dividend system, C estimates that the DPS will increase by about 5 won from the first quarter DPS of 784 won. BNK Financial has not yet introduced quarterly dividends and is expected to have a higher proportion of interim dividends compared to other companies, with the second quarter DPS projected at 200 won, a significant increase from 100 won in 2023.

Analyst Kim explained, "It can be said that this is a point where an appropriate interim dividend size is being found, so there may be some volatility, but there is a high possibility of a significant increase compared to previous levels."

According to Kiwoom Securities, based on closing prices as of the 19th, BNK Financial has the highest dividend yield at 2.5%, while others are generally expected to be around 0.8% to 1.3%. The order is Woori Financial at 1.3%, Shinhan Financial Group at 1.1%, KB Financial and Hana Financial at 1.0%, and JB Financial at 0.8%.

This content was produced with the assistance of AI translation services.