China Bills Finance Corporation provides various financial services in Taiwan. The company engages in the certification and underwriting of short-term bills, bank debentures, and foreign currency bills; brokerage and trading of short-term bills, bank debentures, government bonds, and foreign currency bills; guaranteeing short-term bills; and provision of financial consulting services to enterprises. It is also involved in the proprietary trading of and corporate and foreign bonds; equity investments; and fixed income securities trading, as well as provision of inter-bank call loans. As of December 31, 2020, the company operated a network of five branches located in Banqiao, Taoyuan, Taichung, Tainan, and Kaohsiung. China Bills Finance Corporation was incorporated in 1978 and is headquartered in Taipei City, Taiwan.
China Bills Finance Dividend Announcement
• China Bills Finance announced a annually dividend of NT$0.73 per ordinary share which will be made payable on 2024-07-29. Ex dividend date: 2024-07-02
• China Bills Finance annual dividend for 2024 was NT$0.73
• China Bills Finance annual dividend for 2023 was NT$0.50
• China Bills Finance's trailing twelve-month (TTM) dividend yield is 4.87%
• China Bills Finance's payout ratio for the trailing twelve months (TTM) is 56.38%
• China Bills Finance's dividend growth over the last five years (2018-2023) was -6.77% year
• China Bills Finance's dividend growth over the last ten years (2013-2023) was -4.59% year
China Bills Finance Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-02 | NT$0.73 | annually | 2024-07-29 |
2023-07-05 | NT$0.50 | annually | 2023-07-28 |
2022-07-04 | NT$0.90 | annually | 2022-07-28 |
2021-08-03 | NT$0.87 | annually | 2021-08-27 |
2020-07-06 | NT$0.72 | annually | 2020-08-07 |
2019-07-03 | NT$0.79 | annually | 2019-07-26 |
2018-07-04 | NT$0.71 | annually | 2018-07-27 |
2017-06-28 | NT$0.84 | annually | 2017-07-26 |
2016-06-29 | NT$0.83 | annually | |
2015-07-02 | NT$0.72 | annually | |
2014-06-10 | NT$0.70 | annually | |
2013-06-10 | NT$0.80 | annually |
China Bills Finance Dividend per year
China Bills Finance Dividend growth
China Bills Finance Dividend Yield
China Bills Finance current trailing twelve-month (TTM) dividend yield is 4.87%. Interested in purchasing China Bills Finance stock? Use our calculator to estimate your expected dividend yield:
China Bills Finance Financial Ratios
China Bills Finance Dividend FAQ
Other factors to consider when evaluating China Bills Finance 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: China Bills Finance'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, China Bills Finance 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, China Bills Finance 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 China Bills Finance 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: China Bills Finance 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, China Bills Finance distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: China Bills Finance 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 China Bills Finance'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 China Bills Finance'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.