Bank of Nanjing Co., Ltd. provides various financial products and services to micro or small enterprises, medium or large corporates, and employees in China. The company offers RMB or foreign currency deposits, including demand deposits, term deposits, call deposits, and contract deposits in RMB; basic, ordinary, temporary, and special purpose RMB deposit accounts; and current and capital foreign exchange accounts. It also provides working capital loans, project loans, inventory loans, bill discounting services, project loan bill acceptance services, and trade financing services, as well as mortgage loans; LC credit limit, import LC, shipping guarantee, and trust receipt loans for importers; and financing on the order, export LC financing, package loan, discounted commercial invoice, forfeiting, and financing on export insurance services for exporters. In addition, the company offers salary card, salary payment, wealth management, credit card, consumer finance, online corporate banking, corporate card, and risk hedging services; and cash management services, including account, collection and payment, investment and financing, liquidity, and risk management. Further, it provides trade services, such as international remittance, RMB cross-border settlement, letter of credit, international collection, letter of guarantee and SBLCs, foreign exchange spot and forward, and trade specialist contact. The company operates through a network of 136 branches. Bank of Nanjing Co., Ltd. was founded in 1996 and is based in Nanjing, China.
Bank of Nanjing Dividend Announcement
• Bank of Nanjing announced a semi annually dividend of ¥0.35 per ordinary share which will be made payable on 2024-11-01. Ex dividend date: 2024-11-01
• Bank of Nanjing annual dividend for 2024 was ¥0.88
• Bank of Nanjing annual dividend for 2023 was ¥0.53
• Bank of Nanjing's trailing twelve-month (TTM) dividend yield is 8.73%
• Bank of Nanjing's payout ratio for the trailing twelve months (TTM) is 82.01%
• Bank of Nanjing's dividend growth over the last five years (2018-2023) was 9.13% year
• Bank of Nanjing's dividend growth over the last ten years (2013-2023) was 2.78% year
Bank of Nanjing Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-01 | ¥0.35 | semi annually | 2024-11-01 |
| 2024-06-14 | ¥0.54 | semi annually | 2024-06-14 |
| 2023-06-21 | ¥0.53 | semi annually | 2023-06-21 |
| 2022-06-17 | ¥0.46 | semi annually | 2022-06-17 |
| 2021-06-04 | ¥0.39 | semi annually | 2021-06-04 |
| 2020-06-19 | ¥0.39 | semi annually | 2020-06-19 |
| 2019-07-31 | ¥0.39 | semi annually | 2019-07-31 |
| 2018-08-08 | ¥0.34 | semi annually | 2018-08-08 |
| 2017-07-18 | ¥0.26 | semi annually | 2017-07-18 |
| 2016-06-07 | ¥0.40 | semi annually | |
| 2015-09-23 | ¥0.50 | semi annually | |
| 2014-07-25 | ¥0.46 | semi annually | |
| 2013-07-18 | ¥0.41 | semi annually |
Bank of Nanjing Dividend per year
Bank of Nanjing Dividend growth
Bank of Nanjing Dividend Yield
Bank of Nanjing current trailing twelve-month (TTM) dividend yield is 8.73%. Interested in purchasing Bank of Nanjing stock? Use our calculator to estimate your expected dividend yield:
Bank of Nanjing Financial Ratios
P/E ratio5.47
PEG ratio0.76
P/B ratio0.68
ROE11.87%
Payout ratio82.01%
Current ratio2.05
Quick ratio2.05
Cash Ratio0.00
Bank of Nanjing Dividend FAQ
How much is the next Bank of Nanjing dividend?
Bank of Nanjing'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 Nanjing dividend. The next Bank of Nanjing dividend will be released in June.
When is Bank of Nanjing dividend paid?
Bank of Nanjing pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June. 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 Nanjing pay?
The specific amount of Bank of Nanjing 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 Nanjing's dividend history.
Does Bank of Nanjing stock pay dividends?
Yes, Bank of Nanjing 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 Nanjing's dividend history.
How much dividend does Bank of Nanjing pay?
Bank of Nanjing paid ¥0.883 in 2024, ¥0.534 in 2023, ¥0.462 in 2022, ¥0.393 in 2021, and ¥0.392 in 2020.
How often does Bank of Nanjing pay dividends?
Bank of Nanjing typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June.
What is Bank of Nanjing's dividend yield?
The current dividend yield for Bank of Nanjing is 8.73%. 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 Nanjing's exact dividend yield.
When does Bank of Nanjing go ex dividend?
Bank of Nanjing's ex-dividend date for the latest dividend was on 2024-11-01. Bank of Nanjing 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 Nanjing dividend paid?
Bank of Nanjing pays dividends on a semi annually basis, typically around June, but the exact dates can vary each year.
Will Bank of Nanjing 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 Nanjing 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 Nanjing dividend per share?
Bank of Nanjing paid ¥0.883 per share in 2024 and ¥0.534 per share in 2023. The amount of dividend per share that Bank of Nanjing 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 Nanjing 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 Nanjing 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 Nanjing a dividend stock?
Yes, Bank of Nanjing 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 Nanjing a good dividend stock?
Whether Bank of Nanjing 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 Nanjing has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Bank of Nanjing 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 Nanjing 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 Nanjing pay dividends monthly?
Bank of Nanjing typically pays dividends on a semi annually basis.
Does Bank of Nanjing pay dividends quarterly?
Bank of Nanjing currently pays dividends on a semi annually basis.
Has Bank of Nanjing ever paid a dividend?
Yes, Bank of Nanjing has a history of paying dividends to its shareholders. Bank of Nanjing is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Bank of Nanjing dividend stocks?
To buy Bank of Nanjing 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 Nanjing 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 Nanjing 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 Nanjing pay dividends 2024?
Bank of Nanjing pays dividends on a semi annually basis. 2024 dividend payments are in 2024-11-01. 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 Nanjing increase its dividend in 2024?
Decisions regarding Bank of Nanjing 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 Nanjing dividend overview you can look into the above table of dividend history.
How Bank of Nanjing dividend works?
The Bank of Nanjing 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 Nanjing's dividend process works:
1. Determination of Dividend: Bank of Nanjing'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 Nanjing 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 Nanjing 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 Nanjing 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 Nanjing'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 Nanjing 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 Nanjing 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 Nanjing 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 Nanjing dividends paid?
Bank of Nanjing dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Bank of Nanjing 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 Nanjing 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 Nanjing 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 Nanjing 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 Nanjing 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 Nanjing 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 Nanjing pay dividends?
Bank of Nanjing typically pays dividends on a semi 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 Nanjing pay dividends?
The general pattern is that Bank of Nanjing pays dividends around June. 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 Nanjing dividend safe?
The safety of Bank of Nanjing'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 Nanjing'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 Nanjing'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 Nanjing'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 Nanjing'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.