PT Bank CIMB Niaga Tbk provides various banking products and services in Indonesia and internationally. It offers saving, current, time, and term deposit products; credit and debit cards; treasury products, such as foreign exchange, strike currency, market-linked deposits, swap deposit, bonds, hedging instruments, investment, and foreign currency, and mutual fund products; general and life bancassurance products; digital banking services. The company also provides working capital, investment, and supply chain financing services; and asset and property, earthquake, fire, motor vehicle, health, and transportation insurance products. In addition, it offers letter of credit, export notes negotiation and discount, outward and inward documentary collections, pre-shipment financing, domestic letter of credit, trust receipt, non-cash loan financing facility, cash management, bank and shipping guarantee, standby letter of credit and demand guarantee, trade account payable special transaction loans, private banking, and trade account receivable special transaction loans. It operates a network of 451 branches, 4,500 ATMs, 34 digital lounges, 952 cash deposit machines, 146 multi-function devices, and 952 cash deposit and recycle machines. The company was formerly known as PT Bank Niaga Tbk and changed its name to PT Bank CIMB Niaga Tbk in May 2008. The company was founded in 1955 and is headquartered in Jakarta, Indonesia. PT Bank CIMB Niaga Tbk is a subsidiary of CIMB Group Sdn Bhd.
Bank CIMB Niaga Dividend Announcement
• Bank CIMB Niaga announced a annually dividend of Rp122.67 per ordinary share which will be made payable on 2024-05-03. Ex dividend date: 2024-04-22
• Bank CIMB Niaga annual dividend for 2024 was Rp122.67
• Bank CIMB Niaga annual dividend for 2023 was Rp115.16
• Bank CIMB Niaga's trailing twelve-month (TTM) dividend yield is 6.61%
• Bank CIMB Niaga's payout ratio for the trailing twelve months (TTM) is 46.32%
• Bank CIMB Niaga's dividend growth over the last five years (2018-2023) was 36.97% year
Bank CIMB Niaga Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-04-22 | Rp122.67 | annually | 2024-05-03 |
| 2023-04-26 | Rp115.16 | annually | 2023-05-10 |
| 2022-04-20 | Rp94.07 | annually | 2022-04-28 |
| 2021-04-20 | Rp44.06 | annually | 2021-05-07 |
| 2020-04-21 | Rp55.39 | annually | 2020-05-08 |
| 2019-04-26 | Rp27.93 | annually | 2019-05-15 |
| 2018-05-03 | Rp23.89 | annually | 2018-05-24 |
| 2011-11-14 | Rp7.95 | annually | |
| 2009-05-22 | Rp12.75 | annually | |
| 2008-05-23 | Rp11.37 | annually | |
| 2007-09-04 | Rp19.75 | annually | |
| 2007-05-14 | Rp10.14 | annually | |
| 2006-08-14 | Rp5.90 | annually | |
| 2006-05-01 | Rp5.82 | annually |
Bank CIMB Niaga Dividend per year
Bank CIMB Niaga Dividend growth
Bank CIMB Niaga Dividend Yield
Bank CIMB Niaga current trailing twelve-month (TTM) dividend yield is 6.61%. Interested in purchasing Bank CIMB Niaga stock? Use our calculator to estimate your expected dividend yield:
Bank CIMB Niaga Financial Ratios
P/E ratio6.95
PEG ratio0.90
P/B ratio0.90
ROE13.28%
Payout ratio46.32%
Current ratio0.19
Quick ratio0.19
Cash Ratio0.00
Bank CIMB Niaga Dividend FAQ
How much is the next Bank CIMB Niaga dividend?
Bank CIMB Niaga's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Bank CIMB Niaga dividend. The next Bank CIMB Niaga dividend will be released in April.
When is Bank CIMB Niaga dividend paid?
Bank CIMB Niaga pays dividends on a annually basis. The specific dates may vary each year but are generally around April. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Bank CIMB Niaga pay?
The specific amount of Bank CIMB Niaga dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Bank CIMB Niaga's dividend history.
Does Bank CIMB Niaga stock pay dividends?
Yes, Bank CIMB Niaga does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Bank CIMB Niaga's dividend history.
How much dividend does Bank CIMB Niaga pay?
Bank CIMB Niaga paid Rp122.67 in 2024, Rp115.16 in 2023, Rp94.07 in 2022, Rp44.06 in 2021, and Rp55.39 in 2020.
How often does Bank CIMB Niaga pay dividends?
Bank CIMB Niaga typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around April.
What is Bank CIMB Niaga's dividend yield?
The current dividend yield for Bank CIMB Niaga is 6.61%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Bank CIMB Niaga's exact dividend yield.
When does Bank CIMB Niaga go ex dividend?
Bank CIMB Niaga's ex-dividend date for the latest dividend was on 2024-04-22. Bank CIMB Niaga typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Bank CIMB Niaga dividend paid?
Bank CIMB Niaga pays dividends on a annually basis, typically around April, but the exact dates can vary each year.
Will Bank CIMB Niaga increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Bank CIMB Niaga will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Bank CIMB Niaga dividend per share?
Bank CIMB Niaga paid Rp122.67 per share in 2024 and Rp115.16 per share in 2023. The amount of dividend per share that Bank CIMB Niaga pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Bank CIMB Niaga a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Bank CIMB Niaga a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Bank CIMB Niaga a dividend stock?
Yes, Bank CIMB Niaga is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Bank CIMB Niaga a good dividend stock?
Whether Bank CIMB Niaga is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Bank CIMB Niaga has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Bank CIMB Niaga 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.
Other factors to consider when evaluating Bank CIMB Niaga 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.
Does Bank CIMB Niaga pay dividends monthly?
Bank CIMB Niaga typically pays dividends on a annually basis.
Does Bank CIMB Niaga pay dividends quarterly?
Bank CIMB Niaga currently pays dividends on a annually basis.
Has Bank CIMB Niaga ever paid a dividend?
Yes, Bank CIMB Niaga has a history of paying dividends to its shareholders. Bank CIMB Niaga is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Bank CIMB Niaga dividend stocks?
To buy Bank CIMB Niaga you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Bank CIMB Niaga 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.
Place an order: Use the brokerage's trading platform to place an order to buy Bank CIMB Niaga 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.
When does Bank CIMB Niaga pay dividends 2024?
Bank CIMB Niaga pays dividends on a annually basis. 2024 dividend payments are in 2024-05-03. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Bank CIMB Niaga increase its dividend in 2024?
Decisions regarding Bank CIMB Niaga dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Bank CIMB Niaga dividend overview you can look into the above table of dividend history.
How Bank CIMB Niaga dividend works?
The Bank CIMB Niaga dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Bank CIMB Niaga's dividend process works:
1. Determination of Dividend: Bank CIMB Niaga'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, Bank CIMB Niaga 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, Bank CIMB Niaga 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 Bank CIMB Niaga 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. Determination of Dividend: Bank CIMB Niaga'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, Bank CIMB Niaga 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, Bank CIMB Niaga 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 Bank CIMB Niaga 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.
How are Bank CIMB Niaga dividends paid?
Bank CIMB Niaga dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Bank CIMB Niaga 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, Bank CIMB Niaga distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bank CIMB Niaga 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.
1. Record Date: Bank CIMB Niaga 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, Bank CIMB Niaga distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bank CIMB Niaga 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.
How many times does Bank CIMB Niaga pay dividends?
Bank CIMB Niaga typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Bank CIMB Niaga pay dividends?
The general pattern is that Bank CIMB Niaga pays dividends around April. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Bank CIMB Niaga dividend safe?
The safety of Bank CIMB Niaga's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Bank CIMB Niaga'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 Bank CIMB Niaga'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.
To assess the safety of Bank CIMB Niaga'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 Bank CIMB Niaga'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.