Banco de Chile, together with its subsidiaries, provides banking and financial products and services to customers in Chile. It operates through Retail Banking, Wholesale Banking, and Treasury and Money Market segments. The company offers deposit products, such as checking accounts, current accounts, demand deposits and accounts, saving accounts, and time deposits; commercial, mortgage, consumer, working capital, syndicated, and installment loans; and credit cards. It also provides leasing, factoring, and foreign trade services; international and treasury banking services; and financial advisory services. In addition, the company offers liquidity management services, debt instruments, and derivative contracts and leases, as well as financial transaction and currency trading services; and securities brokerage, mutual funds management, wholesale customer, investment banking and management, and insurance brokerage services. As of December 31, 2021, it operated through a network of 272 branches and 1,761 ATMs. The company serves individuals, small and medium-sized companies, corporate clients, and large companies. Banco de Chile was founded in 1893 and is headquartered in Santiago, Chile.
Banco de Chile Dividend Announcement
• Banco de Chile announced a annually dividend of $1.69 per ordinary share which will be made payable on 2024-04-08. Ex dividend date: 2024-03-21
• Banco de Chile annual dividend for 2024 was $1.69
• Banco de Chile annual dividend for 2023 was $2.08
• Banco de Chile's trailing twelve-month (TTM) dividend yield is 7.24%
• Banco de Chile's payout ratio for the trailing twelve months (TTM) is 63.01%
Banco de Chile Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-21 | $1.69 | annually | 2024-04-08 |
2023-03-16 | $2.08 | annually | 2023-03-30 |
2022-03-24 | $1.03 | annually | 2022-04-07 |
2021-03-26 | $0.59 | annually | 2021-04-09 |
2019-03-21 | $1.06 | annually | 2019-04-09 |
2018-03-28 | $3.18 | annually | 2018-04-05 |
2017-03-15 | $2.81 | annually | 2017-04-03 |
2016-03-16 | $3.10 | annually | 2016-03-31 |
2015-03-18 | $3.47 | annually | 2015-04-02 |
2014-03-28 | $3.89 | annually | 2014-04-08 |
2013-03-26 | $4.61 | annually | 2013-04-04 |
2013-01-17 | $0.27 | annually | |
2012-03-22 | $3.91 | annually | 2012-04-02 |
Banco de Chile Dividend per year
Banco de Chile Dividend growth
Banco de Chile Dividend Yield
Banco de Chile current trailing twelve-month (TTM) dividend yield is 7.24%. Interested in purchasing Banco de Chile stock? Use our calculator to estimate your expected dividend yield:
Banco de Chile Financial Ratios
Banco de Chile Dividend FAQ
Other factors to consider when evaluating Banco de Chile 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: Banco de Chile'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, Banco de Chile 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, Banco de Chile 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 Banco de Chile 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: Banco de Chile 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, Banco de Chile distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Banco de Chile 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 Banco de Chile'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 Banco de Chile'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.