PT Bank OCBC NISP Tbk provides various banking products and services to corporate and individual customers in Indonesia. It offers savings and current accounts, and deposits; home, multipurpose, automobile, personal, working capital, and investment loans; credit programs; credit and debit cards; mutual funds, insurance products, FX products, bonds, and structured products; and premier and private banking services. The company also provides treasury products; cash management and trade finance services; supplier financing, export, and import services; and Web and mobile banking, and payment services. In addition, it offers bank reference, bank comfort, and confirmation letters; safe deposit boxes; telegraphic transfers; and remittance and e-tax services. The company operates through a network of 236 offices and 592 ATMs. PT Bank OCBC NISP Tbk was formerly known as PT Bank NISP Tbk. The company was incorporated in 1941 and is headquartered in Jakarta, Indonesia. As of June 5, 2022, PT Bank OCBC NISP Tbk is a subsidiary of OCBC Overseas Investments Pte. Ltd.
Bank OCBC NISP Dividend Announcement
• Bank OCBC NISP announced a annually dividend of Rp72.00 per ordinary share which will be made payable on . Ex dividend date: 2024-03-27
• Bank OCBC NISP annual dividend for 2024 was Rp72.00
• Bank OCBC NISP annual dividend for 2023 was Rp58.00
• Bank OCBC NISP's trailing twelve-month (TTM) dividend yield is 5.22%
• Bank OCBC NISP's payout ratio for the trailing twelve months (TTM) is 34.02%
Bank OCBC NISP Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-27 | Rp72.00 | annually | |
2023-04-27 | Rp58.00 | annually | 2023-05-12 |
2022-04-14 | Rp22.00 | annually | 2022-04-28 |
2004-10-07 | Rp9.21 | annually | |
2003-09-18 | Rp0.92 | annually |
Bank OCBC NISP Dividend per year
Bank OCBC NISP Dividend growth
Bank OCBC NISP Dividend Yield
Bank OCBC NISP current trailing twelve-month (TTM) dividend yield is 5.22%. Interested in purchasing Bank OCBC NISP stock? Use our calculator to estimate your expected dividend yield:
Bank OCBC NISP Financial Ratios
Bank OCBC NISP Dividend FAQ
Other factors to consider when evaluating Bank OCBC NISP 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 OCBC NISP'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 OCBC NISP 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 OCBC NISP 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 OCBC NISP 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 OCBC NISP 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 OCBC NISP 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 OCBC NISP 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 OCBC NISP'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 OCBC NISP'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.