This is Why Woori Bank (WF) is a Great Dividend Stock

Company Overview - Woori Bank (WF) is headquartered in Seoul and has experienced a price change of 80.7% this year [3] - The company currently pays a dividend of $0.34 per share, resulting in a dividend yield of 2.39% [3] - The Banks - Foreign industry has a higher yield of 3.02%, while the S&P 500's yield is 1.51% [3] Dividend Performance - Woori Bank's annualized dividend of $1.35 has increased by 48% from the previous year [4] - Over the last five years, the company has raised its dividend three times, averaging an annual increase of 11.20% [4] - The current payout ratio is 17%, indicating that the bank paid out 17% of its trailing 12-month earnings per share as dividends [4] Earnings Outlook - The Zacks Consensus Estimate for Woori Bank's earnings in 2025 is $8.74 per share, with an expected increase of 0.58% from the previous year [5] - The company is anticipated to see earnings expansion this fiscal year [5] Investment Considerations - Woori Bank is viewed as an attractive dividend play and a compelling investment opportunity, holding a Zacks Rank of 2 (Buy) [6] - Income investors are generally attracted to dividends for various reasons, including improving stock investing profits and providing tax advantages [5]