Bancolombia S.A. provides banking products and services in Colombia, Panama, Puerto Rico, El Salvador, Costa Rica, and Guatemala. The company operates through nine segments: Banking Colombia, Banking Panama, Banking El Salvador, Banking Guatemala, Trust, Investment Banking, Brokerage, International Banking, and All Other. It offers checking and savings accounts, fixed term deposits, and investment products; trade financing, loans funded by domestic development banks, working capital loans, credit cards, personal and vehicle loans, payroll loans, and overdrafts; financial support to real estate developers and mortgages for individuals and companies; factoring; and financial and operating leasing services. The company also provides hedging instruments, including futures, forwards, options, and swaps; and brokerage, investment advisory, and private banking services, including selling and distributing equities, futures, foreign currencies, fixed income securities, mutual funds, and structured products. In addition, it offers cash management services; foreign currency transaction services; life, auto, commercial, and homeowner's insurance products; and online and computer banking services. Further, the company provides project and acquisition finance, debt and equity capital markets, principal investments, M&A, hedging strategies, restructurings, and structured financing; money market accounts, mutual and pension funds, private equity funds, payment and corporate trust, and custody; internet-based trading platform; inter-bank lending and repurchase agreements; managing escrow accounts, and investment and real estate funds; and transportation, securities brokerage, maintenance and remodeling, and outsourcing services. As of December 31, 2021, it operated 1,015 branches; 28,676 banking correspondents; 529 PAMs; 210 kiosks in El Salvador and 187 in Colombia; and 6,094 ATMs. Bancolombia S.A. was incorporated in 1945 and is headquartered in Medellín, Colombia.
Bancolombia Dividend Announcement
• Bancolombia announced a quarterly dividend of $0.85 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-09-27
• Bancolombia annual dividend for 2024 was $2.66
• Bancolombia annual dividend for 2023 was $3.36
• Bancolombia's payout ratio for the trailing twelve months (TTM) is 56.25%
• Bancolombia's dividend growth over the last five years (2018-2023) was 19.52% year
• Bancolombia's dividend growth over the last ten years (2013-2023) was 7.60% year
Bancolombia Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-27 | $0.85 | quarterly | 2024-10-11 |
2024-06-27 | $0.90 | quarterly | 2024-07-12 |
2024-03-28 | $0.91 | quarterly | 2024-04-17 |
2023-12-27 | $0.88 | quarterly | 2024-01-12 |
2023-09-28 | $0.89 | quarterly | 2023-10-12 |
2023-06-29 | $0.85 | quarterly | 2023-07-14 |
2023-03-30 | $0.73 | quarterly | 2023-04-13 |
2022-12-29 | $0.65 | quarterly | 2023-01-13 |
2022-09-28 | $0.62 | quarterly | 2022-10-13 |
2022-06-28 | $0.65 | quarterly | 2022-07-11 |
2022-03-31 | $0.75 | quarterly | 2022-04-11 |
2021-12-29 | $0.06 | quarterly | 2022-01-13 |
2021-09-28 | $0.06 | quarterly | 2021-10-12 |
2021-06-28 | $0.06 | quarterly | 2021-07-12 |
2021-04-01 | $0.06 | quarterly | 2021-04-15 |
2020-12-29 | $0.32 | quarterly | 2021-01-14 |
2020-09-28 | $0.31 | quarterly | 2020-10-13 |
2020-06-29 | $0.32 | quarterly | 2020-07-13 |
2019-12-26 | $0.32 | quarterly | 2020-01-13 |
2019-09-26 | $0.33 | quarterly | 2019-10-11 |
2019-06-26 | $0.33 | quarterly | 2019-07-12 |
2019-04-05 | $0.34 | quarterly | 2019-04-16 |
2018-12-27 | $0.32 | quarterly | 2019-01-14 |
2018-09-26 | $0.33 | quarterly | 2018-10-11 |
2018-06-27 | $0.36 | quarterly | 2018-07-13 |
2018-03-26 | $0.36 | quarterly | 2018-04-12 |
2017-12-22 | $0.32 | quarterly | 2018-01-08 |
2017-09-27 | $0.33 | quarterly | 2017-10-12 |
2017-06-30 | $0.31 | quarterly | 2017-07-14 |
2017-03-30 | $0.33 | quarterly | 2017-04-13 |
2016-12-27 | $0.30 | quarterly | 2017-01-12 |
2016-09-27 | $0.30 | quarterly | 2016-09-29 |
2016-06-30 | $0.30 | quarterly | 2016-07-11 |
2016-03-28 | $0.29 | quarterly | 2016-04-14 |
2015-12-24 | $0.28 | quarterly | 2016-01-14 |
2015-09-25 | $0.35 | quarterly | 2015-10-13 |
2015-06-24 | $0.33 | quarterly | 2015-07-13 |
2015-04-01 | $0.33 | quarterly | 2015-04-21 |
2014-12-26 | $0.32 | quarterly | 2015-01-12 |
2014-09-25 | $0.41 | quarterly | 2014-10-14 |
2014-06-24 | $0.41 | quarterly | 2014-07-11 |
2014-03-27 | $0.38 | quarterly | 2014-04-11 |
2014-03-20 | $0.01 | quarterly | 2014-04-04 |
2013-12-24 | $0.39 | quarterly | 2014-01-14 |
2013-09-25 | $0.40 | quarterly | |
2013-06-25 | $0.41 | quarterly | 2013-07-15 |
2013-03-21 | $0.42 | quarterly |
Bancolombia Dividend per year
Bancolombia Dividend growth
Bancolombia Dividend Yield
Bancolombia current trailing twelve-month (TTM) dividend yield is 0.0%. Interested in purchasing Bancolombia stock? Use our calculator to estimate your expected dividend yield:
Bancolombia Financial Ratios
Bancolombia Dividend FAQ
Other factors to consider when evaluating Bancolombia 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.
Place an order: Use the brokerage's trading platform to place an order to buy Bancolombia stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Bancolombia'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, Bancolombia 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, Bancolombia 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 Bancolombia 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: Bancolombia 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, Bancolombia distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bancolombia 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 Bancolombia'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 Bancolombia'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.