The Bank of East Asia, Limited, together with its subsidiaries, provides various banking and related financial services. Its personal banking services include corporate, individual, savings, current, time deposit, and supreme accounts; and fixed and call deposits, foreign currency deposits, MAS services, and auto-payroll products, as well as safe deposit boxes and remittance services. The company also provides corporate banking services, such as SME loans and financing guarantee schemes; corporate and commercial financing products, including syndicated and construction loans, acquisition and structured financing, working capital financing, share financing and IPO-related loans, and commercial mortgages; trade finance services and expert trade solutions; factoring services; import and export trade finance; guarantee services; eTradeConnect that allows buyers and sellers to connect, transact, share information, and submit applications for financing through a single platform; cash management services; corporate wealth management products; foreign exchange and treasury products; trade settlement and financing services; onshore and offshore loans; and marine cargo, property, trade credit, employee compensation, pet, medical, life, savings, and endowment insurance plans. In addition, it offers private banking services comprising investment advisory services; investment solutions, such as unit trusts, linked deposits, currency trading and management, global equities and bonds investments, structured products, and options and derivatives; portfolio management services; securities and futures broking services; cyber banking, credit cards, and ATM; and various international services. The company operates 150 outlets in Hong Kong, rest of Greater China, Southeast Asia, the United Kingdom, and the United States. The Bank of East Asia, Limited was incorporated in 1918 and is headquartered in Central, Hong Kong.
Bank of East Asia Dividend Announcement
• Bank of East Asia announced a semi annually dividend of HK$0.31 per ordinary share which will be made payable on 2024-10-14. Ex dividend date: 2024-09-04
• Bank of East Asia annual dividend for 2024 was HK$0.49
• Bank of East Asia annual dividend for 2023 was HK$0.53
• Bank of East Asia's trailing twelve-month (TTM) dividend yield is 5.02%
• Bank of East Asia's payout ratio for the trailing twelve months (TTM) is 46.26%
• Bank of East Asia's dividend growth over the last five years (2018-2023) was -13.74% year
• Bank of East Asia's dividend growth over the last ten years (2013-2023) was -6.70% year
Bank of East Asia Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-04 | HK$0.31 | semi annually | 2024-10-14 |
2024-03-06 | HK$0.18 | semi annually | 2024-04-08 |
2023-09-07 | HK$0.36 | semi annually | 2023-10-05 |
2023-03-02 | HK$0.17 | semi annually | 2023-03-29 |
2022-09-30 | HK$0.48 | semi annually | 2022-10-13 |
2022-09-02 | HK$0.16 | semi annually | 2022-09-30 |
2022-03-10 | HK$0.35 | semi annually | 2022-04-07 |
2021-09-03 | HK$0.35 | semi annually | 2021-10-04 |
2021-03-11 | HK$0.24 | semi annually | 2021-04-09 |
2020-09-03 | HK$0.16 | semi annually | 2020-09-30 |
2020-03-05 | HK$0.35 | semi annually | 2020-04-01 |
2019-09-05 | HK$0.11 | semi annually | 2019-10-04 |
2019-03-12 | HK$0.35 | semi annually | 2019-04-08 |
2018-09-13 | HK$0.51 | semi annually | 2018-10-12 |
2018-03-08 | HK$0.60 | semi annually | 2018-04-04 |
2017-09-11 | HK$0.68 | semi annually | 2017-10-10 |
2017-03-02 | HK$0.28 | semi annually | 2017-03-30 |
2016-09-05 | HK$0.28 | semi annually | |
2016-03-02 | HK$0.50 | semi annually | |
2015-08-17 | HK$0.38 | semi annually | |
2015-03-02 | HK$0.68 | semi annually | |
2014-08-18 | HK$0.43 | semi annually | |
2014-03-06 | HK$0.68 | semi annually | |
2013-08-19 | HK$0.43 | semi annually | |
2013-03-13 | HK$0.63 | semi annually |
Bank of East Asia Dividend per year
Bank of East Asia Dividend growth
Bank of East Asia Dividend Yield
Bank of East Asia current trailing twelve-month (TTM) dividend yield is 5.02%. Interested in purchasing Bank of East Asia stock? Use our calculator to estimate your expected dividend yield:
Bank of East Asia Financial Ratios
Bank of East Asia Dividend FAQ
Other factors to consider when evaluating Bank of East Asia 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 East Asia'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 East Asia 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 East Asia 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 East Asia 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 East Asia 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 East Asia 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 East Asia 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 East Asia'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 East Asia'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.