Cathay Financial Holding Co., Ltd., through its subsidiaries, provides various financial products and services in Taiwan, rest of Asia, and internationally. The company operates through five segments: Banking, Life Insurance, Property Insurance, Securities, and Other segments. It offers banking, foreign exchange, guarantee, foreign exchange investment and consulting, trust, overseas financial, and other financial services. The company also provides traditional, investment, and interest rate variable annuities; various insurance products, such as fire, marine, land and air, liability, guarantee, and other insurance products, as well as reinsurance; and financial planning services, life insurance, and policy lending services. In addition, it offers securities brokerage, proprietary and underwriting, and security financial services, as well as other financial products, and commodity research and development services. Further, the company provides real estate investment and management, real estate leasing, asset management, fund management, and risk management software, as well as securities, banking, and investment advisory services; engages in private equity and futures business; and invests in start-ups. The company was founded in 1990 and is based in Taipei City, Taiwan.
Cathay Financial Dividend Announcement
• Cathay Financial announced a annually dividend of NT$2.00 per ordinary share which will be made payable on 2024-07-29. Ex dividend date: 2024-07-01
• Cathay Financial annual dividend for 2024 was NT$2.00
• Cathay Financial annual dividend for 2023 was NT$0.90
• Cathay Financial's trailing twelve-month (TTM) dividend yield is 2.87%
• Cathay Financial's payout ratio for the trailing twelve months (TTM) is 18.40%
• Cathay Financial's dividend growth over the last five years (2018-2023) was -18.41% year
• Cathay Financial's dividend growth over the last ten years (2013-2023) was 5.02% year
Cathay Financial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-01 | NT$2.00 | annually | 2024-07-29 |
2023-06-28 | NT$0.90 | annually | 2023-07-26 |
2022-07-04 | NT$3.50 | annually | 2022-08-01 |
2021-07-26 | NT$2.50 | annually | 2021-08-23 |
2020-07-01 | NT$2.00 | annually | 2020-07-29 |
2019-07-01 | NT$1.49 | annually | 2019-07-29 |
2018-06-26 | NT$2.49 | annually | 2018-07-24 |
2017-07-03 | NT$1.99 | annually | 2017-07-31 |
2016-06-27 | NT$1.99 | annually | |
2015-07-01 | NT$1.99 | annually | |
2014-06-24 | NT$1.42 | annually | |
2013-07-19 | NT$0.55 | annually |
Cathay Financial Dividend per year
Cathay Financial Dividend growth
Cathay Financial Dividend Yield
Cathay Financial current trailing twelve-month (TTM) dividend yield is 2.87%. Interested in purchasing Cathay Financial stock? Use our calculator to estimate your expected dividend yield:
Cathay Financial Financial Ratios
Cathay Financial Dividend FAQ
Other factors to consider when evaluating Cathay Financial 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: Cathay Financial'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, Cathay Financial 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, Cathay Financial 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 Cathay Financial 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: Cathay Financial 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, Cathay Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Cathay Financial 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 Cathay Financial'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 Cathay Financial'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.