Bank of the Philippine Islands, together with its subsidiaries, provides various financial products and services to retail and corporate clients in the Philippines. It operates through Consumer Banking, Corporate Banking, and Investment Banking segments. The Consumer Banking segment offers deposit taking and servicing; and consumer lending, such as home mortgages, auto loans, and credit card finance, as well as remittance services to individual and retail markets. The Corporate Banking segment provides deposit taking and servicing, loan facilities, trade, and cash management to corporate and institutional customers, such as high-end corporations and middle market clients. The Investment Banking segment offers corporate finance, securities distribution, asset management, trust, and fiduciary services, as well as proprietary trading and investment activities. The company also provides financing, securities dealer, investment management, land holding, operations management, business systems, foreign exchange, real estate, pre-need, non-life insurance, leasing, and rental services. As of December 31, 2021, it operated 1,176 branches, and 2,457 automated teller machines and cash accept machines. The company also serves its customers through alternative electronic banking channels, such as telephone, mobile phone, and the internet. Bank of the Philippine Islands was founded in 1851 and is based in Makati City, the Philippines.
Bank of the Philippine Islands Dividend Announcement
• Bank of the Philippine Islands announced a semi annually dividend of $0.01 per ordinary share which will be made payable on 2024-07-15. Ex dividend date: 2024-06-07
• Bank of the Philippine Islands annual dividend for 2024 was $0.01
• Bank of the Philippine Islands annual dividend for 2023 was $0.02
• Bank of the Philippine Islands's trailing twelve-month (TTM) dividend yield is 0.04%
• Bank of the Philippine Islands's payout ratio for the trailing twelve months (TTM) is 32.18%
• Bank of the Philippine Islands's dividend growth over the last five years (2018-2023) was 27.95% year
• Bank of the Philippine Islands's dividend growth over the last ten years (2013-2023) was 1.08% year
Bank of the Philippine Islands Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-07 | $0.01 | semi annually | 2024-07-15 |
2023-11-29 | $0.01 | semi annually | 2024-01-08 |
2023-05-26 | $0.01 | semi annually | 2023-07-07 |
2022-11-29 | $0.01 | semi annually | 2023-01-09 |
2022-05-27 | $0.01 | semi annually | 2022-07-07 |
2021-11-30 | $0.01 | semi annually | 2022-01-10 |
2021-05-28 | $0.01 | semi annually | 2021-07-08 |
2020-11-03 | $0.01 | semi annually | 2020-12-11 |
2020-06-02 | $0.01 | semi annually | 2020-07-13 |
2019-12-02 | $0.01 | semi annually | 2020-01-13 |
2019-05-24 | $0.01 | semi annually | 2019-07-05 |
2019-01-04 | $0.01 | semi annually | 2019-02-13 |
2018-07-02 | $0.01 | semi annually | 2018-08-09 |
2017-12-26 | $0.01 | semi annually | 2018-02-05 |
2017-06-30 | $0.01 | semi annually | 2017-08-11 |
2016-12-23 | $0.01 | semi annually | |
2016-06-24 | $0.01 | semi annually | |
2016-02-04 | $0.01 | semi annually | |
2015-08-05 | $0.01 | semi annually | |
2015-02-19 | $0.01 | semi annually | |
2014-07-09 | $0.01 | semi annually | |
2013-12-30 | $0.01 | semi annually | |
2013-05-29 | $0.01 | semi annually |
Bank of the Philippine Islands Dividend per year
Bank of the Philippine Islands Dividend growth
Bank of the Philippine Islands Dividend Yield
Bank of the Philippine Islands current trailing twelve-month (TTM) dividend yield is 0.04%. Interested in purchasing Bank of the Philippine Islands stock? Use our calculator to estimate your expected dividend yield:
Bank of the Philippine Islands Financial Ratios
Bank of the Philippine Islands Dividend FAQ
Other factors to consider when evaluating Bank of the Philippine Islands 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 the Philippine Islands'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 the Philippine Islands 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 the Philippine Islands 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 the Philippine Islands 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 the Philippine Islands 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 the Philippine Islands 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 the Philippine Islands 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 the Philippine Islands'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 the Philippine Islands'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.