Bank of Changsha Co., Ltd. provides various commercial banking products and services to personal and business customers in China. It accepts demand, time, notice, agreement, and structured deposits, as well as certificates of deposits, as well as provides investment products and credit cards. The company also offers working capital, fixed asset, merger and acquisition, and operating property loans; equity pledge financing; subsidy, stock option, investment, and inclusive loans, as well as e-loans; corporate finance; and investment banking services, including urban development and industry funds, structured financing, debt financing plan, non-financial corporate debt financing instruments, asset securitization, financing guarantee, syndicated loans, and merger and acquisition financing services. In addition, it provides settlement services, such as cash management, fund custody, corporate Internet banking, wage payment, bill and exchange, VAT electronic invoice, and corporate e-bank services, as well as integrated financial service platform. Further, the company offers trade finance services, such as export bills, package loans, stock financing, export credit insurance, forfaiting, export collection bills, inward and outward remittance financing, customs duty guarantees, open letters of credit, import bills, import bills collection, letters of guarantees, and payment services; buyer and seller financing; letters of credit issuance, letters of credit notice, letters of credit review/negotiation, import and export documentary collection, and foreign and forward exchange guarantees; and spot foreign exchange settlement and sale, and RMB foreign exchange swap. Bank of Changsha Co., Ltd. was founded in 1997 and is headquartered in Changsha, China.
Bank of Changsha Dividend Announcement
• Bank of Changsha announced a annually dividend of ¥0.38 per ordinary share which will be made payable on 2024-07-16. Ex dividend date: 2024-07-16
• Bank of Changsha annual dividend for 2024 was ¥0.38
• Bank of Changsha annual dividend for 2023 was ¥0.35
• Bank of Changsha's trailing twelve-month (TTM) dividend yield is 4.46%
• Bank of Changsha's payout ratio for the trailing twelve months (TTM) is 34.41%
Bank of Changsha Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-16 | ¥0.38 | annually | 2024-07-16 |
2023-07-21 | ¥0.35 | annually | 2023-07-21 |
2022-08-02 | ¥0.35 | annually | 2022-08-02 |
2021-07-12 | ¥0.32 | annually | 2021-07-12 |
2020-07-15 | ¥0.32 | annually | 2020-07-15 |
2019-07-04 | ¥0.28 | annually | 2019-07-04 |
Bank of Changsha Dividend per year
Bank of Changsha Dividend growth
Bank of Changsha Dividend Yield
Bank of Changsha current trailing twelve-month (TTM) dividend yield is 4.46%. Interested in purchasing Bank of Changsha stock? Use our calculator to estimate your expected dividend yield:
Bank of Changsha Financial Ratios
Bank of Changsha Dividend FAQ
Other factors to consider when evaluating Bank of Changsha 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 of Changsha'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 of Changsha 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 of Changsha 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 of Changsha 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 of Changsha 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 of Changsha 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 of Changsha 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 of Changsha'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 of Changsha'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.