Shinhan Financial Group Co., Ltd.
SHGFinancial Services · Stock · quarterly payer
Forward Yield
2.50%
Annual Dividend
$2.00
Payout Ratio
25%
5-Yr Growth
—
Ex-Date
Jul 30, 2026
Frequency
Quarterly
Summary
As of September 2026, Shinhan Financial Group Co., Ltd. (SHG) yields 2.50% ($2.00 per share annually), with a blended fair-value estimate of $160.18 — +100% upside, so it screens as undervalued. Dividend safety grade: B (71/100). 1 years of dividend growth.
Is SHG a good dividend stock?
Yes, with caveatsShinhan Financial Group Co., Ltd. (SHG) pays a quarterly dividend yielding 2.50% ($2.00/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%)
- 148% total price return over 5 years
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 2.50%
- Payout Ratio
- 25%
- Annual Dividend
- $2.00
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Jul 30, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- 0.65
- Market Cap
- $37.7B
- P/E Ratio
- 10.1
- 5-Yr Total Return
- 148%
- 52-Week Range
- $47.05 – $85.57
- Dividend Safety
- B · 71/100
- Ever Cut?
- No
Frequently Asked Questions
SHG Price — Last 12 Months
Daily close
Price Return
1 Year
+55%
3 Years
+214%
5 Years
+148%
52-Week Range
$47.05 – $85.57
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 $160.18 per share, versus a market price of $80.14. That implies 100% of upside — a margin of safety of about 50%.
Fair Value
$160.18
Current Price
$80.14
Upside
+100%
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: 7.5% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $7.91 EPS, $2.00 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
Full SHG 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 $2.00 / yr per share
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