Agricultural Bank of China Limited provides corporate and retail banking products and services. The company operates through Corporate Banking, Personal Banking, and Treasury Operations segments. It offers demand, personal call, foreign currency time, foreign currency call, time or demand optional, foreign exchange demand, foreign exchange call, foreign exchange time, certificates of deposit, savings, agreed-term, and negotiated deposits; and loans comprise housing, consumer, business, fixed asset, working capital, real estate, and entrusted syndicated loans, as well as trade finances, guarantees and commitments, and loans with custody of export rebates accounts. The company also provides credit card, debit card, payment and settlement, private banking, cash management, investment banking, custody, financial market, and financial institution services, as well as trading and wealth management services; and personal fund collection and automatic transfer services. In addition, it offers agro-related personal and corporate banking products and services; personal and online, telephone, mobile, self-service, television, and SMS banking services; financial leasing services; fund management services; assets custodian services; debt-to-equity swap and related services; and life, health, and accident insurance, as well as reinsurance products. As of December 31, 2021, the company had 22,807 domestic branches, including three specialized institutions, 4 training institutes, 37 tier-1 branches, 402 tier-2 branches, 3,348 tier-1 sub-branches, 18,961 foundation-level branch outlets and 50 other establishments; and 13 overseas branches in Hong Kong, Singapore, Seoul, New York, Dubai International Financial Centre, Tokyo, Frankfurt, Sydney, Luxemburg, Dubai, London, Macao, and Hanoi; and four overseas representative offices in Vancouver, Taipei, Sao Paulo, and Dushanbe. Agricultural Bank of China Limited was founded in 1951 and is based in Beijing, the People's Republic of China.
Agricultural Bank of China Dividend Announcement
• Agricultural Bank of China announced a annually dividend of $0.80 per ordinary share which will be made payable on 2024-07-15. Ex dividend date: 2024-05-31
• Agricultural Bank of China annual dividend for 2024 was $0.80
• Agricultural Bank of China annual dividend for 2023 was $0.81
• Agricultural Bank of China's trailing twelve-month (TTM) dividend yield is 0.89%
• Agricultural Bank of China's payout ratio for the trailing twelve months (TTM) is 46.13%
• Agricultural Bank of China's dividend growth over the last five years (2018-2023) was 2.85% year
• Agricultural Bank of China's dividend growth over the last ten years (2013-2023) was -4.45% year
Agricultural Bank of China Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-31 | $0.80 | annually | 2024-07-15 |
2023-07-07 | $0.81 | annually | 2023-08-23 |
2022-07-06 | $0.81 | annually | 2022-08-22 |
2021-06-08 | $0.70 | annually | 2021-07-23 |
2020-07-01 | $0.64 | annually | 2020-08-17 |
2019-06-10 | $0.65 | annually | 2019-07-29 |
2018-05-16 | $0.70 | annually | 2018-06-25 |
2017-06-30 | $0.62 | annually | 2017-08-18 |
2016-06-27 | $0.63 | annually | 2016-08-12 |
2015-06-30 | $0.74 | annually | 2015-08-10 |
2014-06-23 | $0.72 | annually | 2014-07-31 |
2013-07-01 | $0.64 | annually | |
2013-06-18 | $0.64 | annually | 2013-08-06 |
Agricultural Bank of China Dividend per year
Agricultural Bank of China Dividend growth
Agricultural Bank of China Dividend Yield
Agricultural Bank of China current trailing twelve-month (TTM) dividend yield is 0.89%. Interested in purchasing Agricultural Bank of China stock? Use our calculator to estimate your expected dividend yield:
Agricultural Bank of China Financial Ratios
Agricultural Bank of China Dividend FAQ
Other factors to consider when evaluating Agricultural Bank of China as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Agricultural Bank of China's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Agricultural Bank of China publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Agricultural Bank of China distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Agricultural Bank of China are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Agricultural Bank of China sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Agricultural Bank of China distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Agricultural Bank of China declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Agricultural Bank of China's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Agricultural Bank of China's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.