Shinhan Financial Group Co., Ltd.
SHGFinancial Services · Stock · quarterly payer
Forward Yield
2.68%
Annual Dividend
$1.87
Payout Ratio
25%
5-Yr Growth
—
Ex-Date
Apr 30, 2026
Frequency
Quarterly
Summary
As of July 2026, Shinhan Financial Group Co., Ltd. (SHG) yields 2.68% ($1.87 per share annually), with a blended fair-value estimate of $142.04 — +99% upside, so it screens as undervalued. Dividend safety grade: B (69/100). 1 years of dividend growth.
Is SHG a good dividend stock?
Yes, with caveatsShinhan Financial Group Co., Ltd. (SHG) pays a quarterly dividend yielding 2.68% ($1.87/yr), with 1 year of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (25%)
- 115% total price return over 5 years
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 2.68%
- Payout Ratio
- 25%
- Annual Dividend
- $1.87
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Apr 30, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- 0.65
- Market Cap
- $32.2B
- P/E Ratio
- 10.0
- 5-Yr Total Return
- 115%
- 52-Week Range
- $46.26 – $73.80
- Dividend Safety
- B · 69/100
- Ever Cut?
- No
Frequently Asked Questions
SHG Price — Last 12 Months
Daily close
Price Return
1 Year
+51%
3 Years
+166%
5 Years
+115%
52-Week Range
$46.26 – $73.80
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SHG worth?
Undervaluedlow confidenceOur blended fair-value estimate for Shinhan Financial Group Co., Ltd. is $142.04 per share, versus a market price of $71.49. That implies 99% of upside — a margin of safety of about 50%.
Fair Value
$142.04
Current Price
$71.49
Upside
+99%
Margin of Safety
50%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 20.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.6% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $6.92 EPS, $1.87 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SHG Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 1, 2025 | — | $0.4100 | regular |
| May 2, 2025 | — | $0.4140 | regular |
| Feb 21, 2025 | — | $0.3750 | regular |
| Sep 30, 2024 | — | $0.3890 | regular |
| Jun 28, 2024 | — | $0.3920 | regular |
| Mar 27, 2024 | — | $0.3940 | regular |
| Mar 20, 2024 | — | $0.3880 | regular |
| Feb 22, 2024 | — | $0.3950 | regular |
| Sep 28, 2023 | — | $0.3940 | regular |
| Jun 29, 2023 | — | $0.4030 | regular |
| Mar 30, 2023 | — | $0.3940 | regular |
| Dec 29, 2022 | — | $0.6550 | regular |
| Sep 29, 2022 | — | $0.2790 | regular |
| Jun 29, 2022 | — | $0.3000 | regular |
Income Calculator
At $1.87 / yr per share
