Chesapeake Financial Shares, Inc. operates as the bank holding company for Chesapeake Bank that provides various banking products and services in Virginia. The company accepts interest and noninterest checking, savings, and money market accounts, as well as certificates of deposit. It also offers mortgage loans, single-family residential and residential construction loans, and consumer loans; and commercial loans, including owner-occupied commercial development, retail, builders/contractors, medical, service and professional, hospitality, nonprofits, marine industry, and agricultural and seafood loans. In addition, the company provides merchant processing services, accounts receivable financing, wealth management and trust, mortgage banking, and cash management services. It operates through 16 branches, including 4 in Northern Neck, 3 in Middle Peninsula, 5 in Williamsburg, and 4 in Richmond. The company was founded in 1900 and is based in Kilmarnock, Virginia.
Chesapeake Financial Shares Dividend Announcement
• Chesapeake Financial Shares announced a quarterly dividend of $0.16 per ordinary share which will be made payable on 2024-12-15. Ex dividend date: 2024-11-29
• Chesapeake Financial Shares annual dividend for 2024 was $0.62
• Chesapeake Financial Shares annual dividend for 2023 was $0.60
• Chesapeake Financial Shares's trailing twelve-month (TTM) dividend yield is 3.27%
• Chesapeake Financial Shares's dividend growth over the last five years (2018-2023) was 5.71% year
• Chesapeake Financial Shares's dividend growth over the last ten years (2013-2023) was 1.72% year
Chesapeake Financial Shares Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-29 | $0.16 | quarterly | 2024-12-15 |
2024-08-30 | $0.15 | quarterly | 2024-09-15 |
2024-05-31 | $0.15 | quarterly | 2024-06-15 |
2024-02-29 | $0.15 | quarterly | 2024-03-15 |
2023-11-30 | $0.15 | quarterly | 2023-12-15 |
2023-08-31 | $0.15 | quarterly | 2023-09-15 |
2023-05-31 | $0.15 | quarterly | 2023-06-15 |
2023-02-28 | $0.15 | quarterly | 2023-03-15 |
2022-11-30 | $0.15 | quarterly | 2022-12-15 |
2022-08-31 | $0.15 | quarterly | 2022-09-15 |
2022-05-31 | $0.14 | quarterly | 2022-06-15 |
2022-03-01 | $0.14 | quarterly | |
2022-02-28 | $0.14 | quarterly | 2022-03-15 |
2021-11-30 | $0.14 | quarterly | 2021-12-15 |
2021-08-31 | $0.13 | quarterly | 2021-09-15 |
2021-05-28 | $0.13 | quarterly | 2021-06-15 |
2021-02-26 | $0.13 | quarterly | 2021-03-15 |
2020-11-30 | $0.12 | quarterly | 2020-12-15 |
2020-08-31 | $0.12 | quarterly | 2020-09-15 |
2020-05-29 | $0.12 | quarterly | 2020-06-15 |
2020-02-27 | $0.12 | quarterly | 2020-03-13 |
2019-11-27 | $0.12 | quarterly | 2019-12-13 |
2019-08-29 | $0.12 | quarterly | 2019-09-13 |
2019-05-30 | $0.12 | quarterly | 2019-06-14 |
2019-02-28 | $0.12 | quarterly | 2019-03-15 |
2018-11-29 | $0.12 | quarterly | 2018-12-14 |
2018-08-30 | $0.12 | quarterly | 2018-09-15 |
2018-05-31 | $0.12 | quarterly | 2018-06-15 |
2018-02-28 | $0.11 | quarterly | 2018-03-15 |
2017-11-30 | $0.11 | quarterly | 2017-12-15 |
2017-08-30 | $0.11 | quarterly | 2017-09-15 |
2017-05-30 | $0.10 | quarterly | 2017-06-15 |
2017-02-27 | $0.10 | quarterly | 2017-03-15 |
2016-11-29 | $0.10 | quarterly | 2016-12-15 |
2016-08-30 | $0.10 | quarterly | 2016-09-15 |
2016-05-27 | $0.14 | quarterly | 2016-06-15 |
2016-02-26 | $0.14 | quarterly | 2016-03-15 |
2015-11-27 | $0.14 | quarterly | 2015-12-05 |
2015-08-28 | $0.14 | quarterly | 2015-09-15 |
2015-05-28 | $0.11 | quarterly | 2015-06-15 |
2015-02-25 | $0.11 | quarterly | 2015-03-13 |
2014-11-26 | $0.11 | quarterly | 2014-12-15 |
2014-08-27 | $0.14 | quarterly | 2014-09-15 |
2014-05-28 | $0.14 | quarterly | 2014-06-13 |
2014-02-26 | $0.14 | quarterly | 2014-03-14 |
2013-11-26 | $0.14 | quarterly | 2013-12-13 |
2013-08-28 | $0.14 | quarterly | 2013-09-13 |
2013-05-29 | $0.12 | quarterly | 2013-06-15 |
2013-02-27 | $0.12 | quarterly | 2013-03-15 |
Chesapeake Financial Shares Dividend per year
Chesapeake Financial Shares Dividend growth
Chesapeake Financial Shares Dividend Yield
Chesapeake Financial Shares current trailing twelve-month (TTM) dividend yield is 3.27%. Interested in purchasing Chesapeake Financial Shares stock? Use our calculator to estimate your expected dividend yield:
Chesapeake Financial Shares Financial Ratios
Chesapeake Financial Shares Dividend FAQ
Other factors to consider when evaluating Chesapeake Financial Shares 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: Chesapeake Financial Shares'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, Chesapeake Financial Shares 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, Chesapeake Financial Shares 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 Chesapeake Financial Shares 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: Chesapeake Financial Shares 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, Chesapeake Financial Shares distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Chesapeake Financial Shares 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 Chesapeake Financial Shares'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 Chesapeake Financial Shares'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.