How it works
You are paid a dividend only if you are on the shareholder register at the end of the record date. A Korean stock trade settles two trading days later (T+2), so the last day to buy is two trading days before the record date. If the record date itself is not a trading day (a weekend, a holiday or the year-end market closure on 31 December), settlement must finish on the last trading day before it. The ex-dividend date is the next trading day: buying from that day no longer gets this dividend, while selling on or after it does not lose it. Weekends are skipped automatically; add market holidays in the box. Independent calculator, not affiliated with the Korea Exchange. Not investment advice; past returns do not guarantee future returns.
⚠ Estimates for information only — not financial advice.
FAQ
If I sell on the ex-dividend date, do I still get the dividend?
Yes. You were on the register at the record date because your purchase had settled. Selling on or after the ex-dividend date does not take the dividend away.
Why is the 31 December record date so early?
The Korean stock market is closed on 31 December, so settlement must finish on 30 December (if it is a weekday) and the last buy day is two trading days before that.
Checked 11 Nov 2026. Korea Exchange (KRX) Securities Market Business Regulation: exchange trades settle on the second trading day after the trade date (T+2); the market is closed on public holidays and on the last trading day of the year (31 Dec). Record-date rule: Commercial Act art. 354 (shareholders on the register at the record date). Holidays: Regulations on Public Holidays.