Bank of Queensland Limited, together with its subsidiaries, provides various financial products and services in Australia. The company operates in Retail Banking, BOQ Business, and Other segments. It offers personal banking services comprises savings and term deposits, and transactional accounts; debit and credit cards; home, personal, and car loans; and travel, home and content, landlord, and car insurance, as well as investment services comprising online share trading services, and self-managed superannuation funds. The company's business banking services include transaction accounts, and savings and investment accounts; loans and finance products, such as business loans, equipment and vehicle finance, and dealer finance; merchant and payment products; and financial market and international services. It also offers internet and mobile banking services. As of August 31, 2022, the company operated 36 corporate branches; 111 owner managed branches; and 7 transaction centers. Bank of Queensland Limited was founded in 1874 and is based in Newstead, Australia.
Bank of Queensland Dividend Announcement
• Bank of Queensland announced a semi annually dividend of A$0.17 per ordinary share which will be made payable on 2024-11-19. Ex dividend date: 2024-10-25
• Bank of Queensland annual dividend for 2024 was A$0.34
• Bank of Queensland annual dividend for 2023 was A$0.41
• Bank of Queensland's trailing twelve-month (TTM) dividend yield is 5.11%
• Bank of Queensland's payout ratio for the trailing twelve months (TTM) is 79.65%
• Bank of Queensland's dividend growth over the last five years (2018-2023) was -11.60% year
• Bank of Queensland's dividend growth over the last ten years (2013-2023) was -3.40% year
Bank of Queensland Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-25 | A$0.17 | semi annually | 2024-11-19 |
2024-05-02 | A$0.17 | semi annually | 2024-05-27 |
2023-10-26 | A$0.21 | semi annually | 2023-11-16 |
2023-05-10 | A$0.20 | semi annually | 2023-06-01 |
2022-10-27 | A$0.24 | semi annually | 2022-11-17 |
2022-05-04 | A$0.22 | semi annually | 2022-05-26 |
2021-10-28 | A$0.22 | semi annually | 2021-11-18 |
2021-05-05 | A$0.17 | semi annually | 2021-05-26 |
2020-11-04 | A$0.12 | semi annually | 2020-11-25 |
2019-11-06 | A$0.31 | semi annually | 2019-11-27 |
2019-05-01 | A$0.34 | semi annually | 2019-05-22 |
2018-10-24 | A$0.38 | semi annually | 2018-11-14 |
2018-04-26 | A$0.38 | semi annually | 2018-05-17 |
2017-11-02 | A$0.38 | semi annually | 2017-11-23 |
2017-04-20 | A$0.38 | semi annually | 2017-05-17 |
2016-10-26 | A$0.38 | semi annually | 2016-11-22 |
2016-04-28 | A$0.38 | semi annually | 2016-05-19 |
2015-10-28 | A$0.38 | semi annually | 2015-11-24 |
2015-04-16 | A$0.36 | semi annually | 2015-05-12 |
2014-11-02 | A$0.34 | semi annually | 2014-11-27 |
2014-04-24 | A$0.32 | semi annually | 2014-05-23 |
2013-11-06 | A$0.30 | semi annually | 2013-12-04 |
2013-05-02 | A$0.28 | semi annually | 2013-05-27 |
Bank of Queensland Dividend per year
Bank of Queensland Dividend growth
Bank of Queensland Dividend Yield
Bank of Queensland current trailing twelve-month (TTM) dividend yield is 5.11%. Interested in purchasing Bank of Queensland stock? Use our calculator to estimate your expected dividend yield:
Bank of Queensland Financial Ratios
Bank of Queensland Dividend FAQ
Other factors to consider when evaluating Bank of Queensland 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 Queensland'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 Queensland 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 Queensland 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 Queensland 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 Queensland 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 Queensland 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 Queensland 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 Queensland'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 Queensland'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.