Korean Dividend Calculator

How it works

• Korean residents: 15.4% withholding (14% + 1.4% local). Financial income over ₩20 million a year is taxed progressively.
• Non-residents: generally 22% or a reduced treaty rate (e.g., 15% or lower) — not reflected here.

FAQ

What is the dividend tax rate in Korea?

15.4% for residents (14% income tax + 1.4% local tax), withheld at payment.

Worked example

Example: 400 shares at ₩50,000 (₩20 million) paying ₩2,500 per share a year give ₩1,000,000 before tax, a 5% yield. Korea withholds 15.4% dividend tax (₩154,000), so you receive ₩846,000 — about ₩70,500 a month.

Non-residents usually have withholding at the treaty rate for their country instead, which can be lower or higher than 15.4%.

Monthly income goal: to receive ₩1,000,000 a month after tax from a 5% yield, you need about ₩12 million a year after tax, or about ₩14.2 million before tax, which requires roughly ₩284 million invested. Use the monthly goal tab to try different yields. Remember that dividends can be cut, and that Korean companies traditionally paid once a year, though quarterly dividends are now more common.

Common mistakes

• You must hold the shares on the record date. Korean trades settle two business days later, so buy at least two business days before the record date.
• Many Korean companies now announce the dividend first and set the record date later — check the company disclosure.
• Interest and dividends above ₩20 million a year are added to comprehensive income tax for residents.
• Share prices often fall by about the dividend amount on the ex-dividend date.

Explanation checked on 2026-10-30 · Spotted an outdated value? Tell us