Bank of Xi'an Co.,Ltd., together with its subsidiaries, provides corporate and commercial banking, personal banking, and capital services in China. It operates through Corporate Finance, Personal Financial Business, and Treasury Business segments. The Corporate Finance segment provides corporate loans and advances, trade finance, deposit services, agency services, wealth management services, financial advisory and consulting services, remittance and settlement services, and trust management and guarantee services to corporate customers, government agencies, and financial institutions. The Personal Financial Business segment offers personal loans, deposit services, personal wealth management services, remittance services, and bank card services to individual customers. The Treasury Business segment provides inter-bank lending transactions, repurchase transactions, debt instrument investments and trading, trust investments, and targeted asset management investments in the interbank market. The company operates 179 branches. The company was formerly known as Xi'an City Commercial Bank Co., Ltd. and changed its name to Bank of Xi'an Co.,Ltd. in January 2010. Bank of Xi'an Co.,Ltd. was founded in 1997 and is headquartered in Xi'an, China.
Bank of Xi'an Dividend Announcement
• Bank of Xi'an announced a annually dividend of ¥0.06 per ordinary share which will be made payable on 2024-08-01. Ex dividend date: 2024-08-01
• Bank of Xi'an annual dividend for 2024 was ¥0.06
• Bank of Xi'an annual dividend for 2023 was ¥0.17
• Bank of Xi'an's trailing twelve-month (TTM) dividend yield is 1.48%
• Bank of Xi'an's payout ratio for the trailing twelve months (TTM) is 51.01%
Bank of Xi'an Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-01 | ¥0.06 | annually | 2024-08-01 |
2023-06-20 | ¥0.17 | annually | 2023-06-20 |
2022-06-20 | ¥0.19 | annually | 2022-06-20 |
2021-06-18 | ¥0.19 | annually | 2021-06-18 |
2020-05-27 | ¥0.18 | annually | 2020-05-27 |
2019-06-26 | ¥0.16 | annually | 2019-06-26 |
Bank of Xi'an Dividend per year
Bank of Xi'an Dividend growth
Bank of Xi'an Dividend Yield
Bank of Xi'an current trailing twelve-month (TTM) dividend yield is 1.48%. Interested in purchasing Bank of Xi'an stock? Use our calculator to estimate your expected dividend yield:
Bank of Xi'an Financial Ratios
Bank of Xi'an Dividend FAQ
Other factors to consider when evaluating Bank of Xi'an 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 Xi'an'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 Xi'an 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 Xi'an 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 Xi'an 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 Xi'an 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 Xi'an 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 Xi'an 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 Xi'an'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 Xi'an'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.