Bank of Communications Co., Ltd. provides commercial banking products and services. The company operates through four business segments: Corporate Banking, Personal Banking, Treasury Businesses, and Other Businesses. It offers personal banking products and services, including savings deposit products, personal certificate of deposits, foreign currency deposit, and salary financing A products; mortgage and unsecured loans; bank cards; airport and personal wealth management advisor services; and physical precious metals, and structured deposits and wealth management products, as well as precious metal and commodity trading services. The company also provides corporate banking products and services comprising structured deposits and corporate certificate of deposits; syndicated loans and corporation overdraft services; wealth management services; investment banking and offshore banking services; corporate cash management and industrial chain financing services; structured deposits and wealth management products; and precious metal leasing, and precious metal and commodity trading services. In addition, it offers international banking services, such as corporate forex wealth management, document settlement, remittance and bill, and trade finance services; and interbank financing services. Further, the company provides financial leasing, trust investment, fund management, life insurance, securities dealing and brokerage, general insurance and reinsurance, debt-to-equity swaps, and financial products issuing and financial consulting services. As of December 31, 2021, It operated 248 branches in Mainland China; and 23 overseas branches and representative offices in 18 countries and regions with 69 overseas operating outlets. The company was founded in 1908 and is headquartered in Shanghai, the People's Republic of China.
Bank of Communications Dividend Announcement
• Bank of Communications announced a annually dividend of $1.29 per ordinary share which will be made payable on 2024-08-15. Ex dividend date: 2024-07-03
• Bank of Communications annual dividend for 2024 was $1.29
• Bank of Communications annual dividend for 2023 was $1.30
• Bank of Communications's trailing twelve-month (TTM) dividend yield is 0.99%
• Bank of Communications's payout ratio for the trailing twelve months (TTM) is 79.74%
Bank of Communications Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-03 | $1.29 | annually | 2024-08-15 |
| 2023-07-03 | $1.30 | annually | 2023-08-17 |
| 2022-07-05 | $1.33 | annually | 2022-08-17 |
| 2021-07-01 | $1.24 | annually | 2021-08-18 |
Bank of Communications Dividend per year
Bank of Communications Dividend growth
Bank of Communications Dividend Yield
Bank of Communications current trailing twelve-month (TTM) dividend yield is 0.99%. Interested in purchasing Bank of Communications stock? Use our calculator to estimate your expected dividend yield:
Bank of Communications Financial Ratios
P/E ratio105.67
PEG ratio-6.55
P/B ratio8.64
ROE8.83%
Payout ratio79.74%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Bank of Communications Dividend FAQ
How much is the next Bank of Communications dividend?
Bank of Communications'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 of Communications dividend. The next Bank of Communications dividend will be released in July.
When is Bank of Communications dividend paid?
Bank of Communications pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 of Communications pay?
The specific amount of Bank of Communications 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 of Communications's dividend history.
Does Bank of Communications stock pay dividends?
Yes, Bank of Communications 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 of Communications's dividend history.
How much dividend does Bank of Communications pay?
Bank of Communications paid $1.294 in 2024, $1.3 in 2023, $1.327 in 2022, $1.24 in 2021, and $0.0 in 2020.
How often does Bank of Communications pay dividends?
Bank of Communications 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 July.
What is Bank of Communications's dividend yield?
The current dividend yield for Bank of Communications is 0.99%. 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 of Communications's exact dividend yield.
When does Bank of Communications go ex dividend?
Bank of Communications's ex-dividend date for the latest dividend was on 2024-07-03. Bank of Communications 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 of Communications dividend paid?
Bank of Communications pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Bank of Communications 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 of Communications 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 of Communications dividend per share?
Bank of Communications paid $1.294 per share in 2024 and $1.3 per share in 2023. The amount of dividend per share that Bank of Communications 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 of Communications 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 of Communications 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 of Communications a dividend stock?
Yes, Bank of Communications is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Bank of Communications a good dividend stock?
Whether Bank of Communications 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 of Communications has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Bank of Communications 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 of Communications 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 of Communications pay dividends monthly?
Bank of Communications typically pays dividends on a annually basis.
Does Bank of Communications pay dividends quarterly?
Bank of Communications currently pays dividends on a annually basis.
Has Bank of Communications ever paid a dividend?
Yes, Bank of Communications has a history of paying dividends to its shareholders. Bank of Communications is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Bank of Communications dividend stocks?
To buy Bank of Communications 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 of Communications 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 of Communications 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 of Communications pay dividends 2024?
Bank of Communications pays dividends on a annually basis. 2024 dividend payments are in 2024-08-15. 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 of Communications increase its dividend in 2024?
Decisions regarding Bank of Communications 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 of Communications dividend overview you can look into the above table of dividend history.
How Bank of Communications dividend works?
The Bank of Communications 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 of Communications's dividend process works:
1. Determination of Dividend: Bank of Communications'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 Communications 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 Communications 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 Communications 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 of Communications'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 Communications 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 Communications 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 Communications 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 of Communications dividends paid?
Bank of Communications dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Bank of Communications 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 Communications 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 Communications 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 of Communications 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 Communications 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 Communications 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 of Communications pay dividends?
Bank of Communications 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 of Communications pay dividends?
The general pattern is that Bank of Communications pays dividends around July. 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 of Communications dividend safe?
The safety of Bank of Communications'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 of Communications'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 Communications'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 of Communications'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 Communications'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.