PT Bank Mega Tbk provides various banking products and services in Indonesia. It offers saving accounts, current accounts, and time deposits, as well as certificates of deposit; and debit cards. The company also provides corporate, commercial, SME and consumer, cash, housing, working capital, and investment loans; supplier and inventory financing; financing for the purchase of motor vehicles and assets; credit cards; and various credit facilities. In addition, it offers investment products, such as mutual funds and bonds; bancassurance products comprising term life and unit link products; and monitoring agent services for issuance of medium terms notes and guarantor agent services. Further, the company provides funds remittance, funds transfer, intercity clearing, cash management, safe deposit box, custody, trustee, treasury, and trade financing services; international banking services; and electronic banking service, including ATM, internet banking, and mobile banking services. As of December 31, 2021, it operated 54 branches and 322 sub-branches. The company was formerly known as PT. Karman bank and changed its name to PT Bank Mega Tbk in 1992. The company was founded in 1969 and is headquartered in Jakarta, Indonesia. PT Bank Mega Tbk operates as a subsidiary of PT Mega Corpora.
Bank Mega Dividend Announcement
• Bank Mega announced a annually dividend of Rp209.30 per ordinary share which will be made payable on 2024-03-27. Ex dividend date: 2024-03-14
• Bank Mega annual dividend for 2024 was Rp209.30
• Bank Mega annual dividend for 2023 was Rp241.62
• Bank Mega's trailing twelve-month (TTM) dividend yield is 4.3%
• Bank Mega's payout ratio for the trailing twelve months (TTM) is 90.57%
• Bank Mega's dividend growth over the last five years (2018-2023) was 20.95% year
Bank Mega Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-14 | Rp209.30 | annually | 2024-03-27 |
2023-03-07 | Rp241.62 | annually | 2023-03-28 |
2022-03-10 | Rp701.27 | annually | 2022-03-23 |
2021-03-02 | Rp301.56 | annually | 2021-03-19 |
2020-03-17 | Rp143.79 | annually | 2020-04-09 |
2019-03-12 | Rp114.83 | annually | 2019-04-02 |
2018-03-08 | Rp93.34 | annually | 2018-03-27 |
2017-04-10 | Rp83.14 | annually | 2017-05-03 |
2016-04-25 | Rp75.58 | annually | |
2015-05-18 | Rp14.36 | annually | |
2013-05-21 | Rp303.97 | annually | |
2011-06-07 | Rp157.20 | annually |
Bank Mega Dividend per year
Bank Mega Dividend growth
Bank Mega Dividend Yield
Bank Mega current trailing twelve-month (TTM) dividend yield is 4.3%. Interested in purchasing Bank Mega stock? Use our calculator to estimate your expected dividend yield:
Bank Mega Financial Ratios
Bank Mega Dividend FAQ
Other factors to consider when evaluating Bank Mega 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: Bank Mega'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 Mega 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 Mega 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 Mega 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: Bank Mega 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 Mega 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 Mega 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 Bank Mega'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 Mega'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.