China Merchants Bank Co., Ltd., together with its subsidiaries, provides various banking products and services. It operates through Wholesale Finance Business, Retail Finance Business, and Other Business segments. The company offers current, demand, time, call, savings, notice, and renminbi accounts. Its loan products include personal commercial real estate, consumption, housing, and car loans; loans to finance for studying abroad; micro-business loans; mortgage loans for equipment; joint guarantee, special guarantee, and housing mortgage loan; bank acceptance, discount, liquid capital, and fixed asset loans; and loans for vessels. The company also offers credit cards; insurance products; open-ended funds; discount and guarantees for commercial bills, redemption of commercial bills, and guaranteed discount for commercial acceptance bills; and financial consultation, debt financing underwriting, merger and acquisition financing, and equity financing and enterprise listing services. In addition, it provides forfeiting and risk participation, escrow, cross-border RMB clearing, and interbank services; and risk and financial management, cross-border RMB and oversea financing, international factoring and settlement, and trade finance services. Further, the company offers financial leasing and guarantee, investment and wealth management, forex option and gold trading, forex express trading, international, offshore and private banking, custody, pension, and electronic banking services. As of December 31, 2021, it operated 143 branches; 1,770 sub-branches; one branch-level operation center; 2,812 self-service centers; 6,592 self-service machines; one representative office; 14,746 visual counters in Mainland China. The company also operates in Hong Kong, New York, London, Singapore, Luxembourg, Sydney, and Taipei. China Merchants Bank Co., Ltd. was founded in 1987 and is headquartered in Shenzhen, China.
China Merchants Bank Dividend Announcement
• China Merchants Bank announced a annually dividend of $1.36 per ordinary share which will be made payable on 2024-08-21. Ex dividend date: 2024-07-03
• China Merchants Bank annual dividend for 2024 was $1.36
• China Merchants Bank annual dividend for 2023 was $1.22
• China Merchants Bank's trailing twelve-month (TTM) dividend yield is 0.62%
• China Merchants Bank's payout ratio for the trailing twelve months (TTM) is 32.28%
• China Merchants Bank's dividend growth over the last five years (2018-2023) was 13.61% year
• China Merchants Bank's dividend growth over the last ten years (2013-2023) was 3.43% year
China Merchants Bank Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-03 | $1.36 | annually | 2024-08-21 |
| 2023-07-03 | $1.22 | annually | 2023-08-23 |
| 2022-07-06 | $1.14 | annually | 2022-08-25 |
| 2021-07-01 | $0.98 | annually | 2021-08-23 |
| 2020-07-01 | $0.85 | annually | 2020-08-27 |
| 2019-07-02 | $0.68 | annually | 2019-08-28 |
| 2018-07-02 | $0.65 | annually | 2018-08-28 |
| 2017-06-02 | $0.54 | annually | 2017-07-31 |
| 2016-06-30 | $0.52 | annually | 2016-08-26 |
| 2015-06-22 | $0.55 | annually | 2015-08-17 |
| 2014-07-01 | $0.50 | annually | 2014-08-18 |
| 2013-09-26 | $0.36 | annually | 2013-10-10 |
| 2013-05-31 | $0.51 | annually | 2013-07-22 |
China Merchants Bank Dividend per year
China Merchants Bank Dividend growth
China Merchants Bank Dividend Yield
China Merchants Bank current trailing twelve-month (TTM) dividend yield is 0.62%. Interested in purchasing China Merchants Bank stock? Use our calculator to estimate your expected dividend yield:
China Merchants Bank Financial Ratios
P/E ratio37.82
PEG ratio0.30
P/B ratio5.58
ROE13.88%
Payout ratio32.28%
Current ratio0.33
Quick ratio0.33
Cash Ratio0.22
China Merchants Bank Dividend FAQ
How much is the next China Merchants Bank dividend?
China Merchants Bank's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next China Merchants Bank dividend. The next China Merchants Bank dividend will be released in July.
When is China Merchants Bank dividend paid?
China Merchants Bank pays dividends on a annually basis. The specific dates may vary each year but are generally around July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does China Merchants Bank pay?
The specific amount of China Merchants Bank dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find China Merchants Bank's dividend history.
Does China Merchants Bank stock pay dividends?
Yes, China Merchants Bank does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find China Merchants Bank's dividend history.
How much dividend does China Merchants Bank pay?
China Merchants Bank paid $1.358 in 2024, $1.222 in 2023, $1.142 in 2022, $0.98 in 2021, and $0.847 in 2020.
How often does China Merchants Bank pay dividends?
China Merchants Bank typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around July.
What is China Merchants Bank's dividend yield?
The current dividend yield for China Merchants Bank is 0.62%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate China Merchants Bank's exact dividend yield.
When does China Merchants Bank go ex dividend?
China Merchants Bank's ex-dividend date for the latest dividend was on 2024-07-03. China Merchants Bank typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next China Merchants Bank dividend paid?
China Merchants Bank pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will China Merchants Bank increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether China Merchants Bank will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is China Merchants Bank dividend per share?
China Merchants Bank paid $1.358 per share in 2024 and $1.222 per share in 2023. The amount of dividend per share that China Merchants Bank pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is China Merchants Bank a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is China Merchants Bank a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is China Merchants Bank a dividend stock?
Yes, China Merchants Bank is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is China Merchants Bank a good dividend stock?
Whether China Merchants Bank is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. China Merchants Bank has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating China Merchants Bank 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.
Other factors to consider when evaluating China Merchants Bank 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.
Does China Merchants Bank pay dividends monthly?
China Merchants Bank typically pays dividends on a annually basis.
Does China Merchants Bank pay dividends quarterly?
China Merchants Bank currently pays dividends on a annually basis.
Has China Merchants Bank ever paid a dividend?
Yes, China Merchants Bank has a history of paying dividends to its shareholders. China Merchants Bank is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy China Merchants Bank dividend stocks?
To buy China Merchants Bank you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy China Merchants Bank stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy China Merchants Bank stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does China Merchants Bank pay dividends 2024?
China Merchants Bank pays dividends on a annually basis. 2024 dividend payments are in 2024-08-21. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will China Merchants Bank increase its dividend in 2024?
Decisions regarding China Merchants Bank dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date China Merchants Bank dividend overview you can look into the above table of dividend history.
How China Merchants Bank dividend works?
The China Merchants Bank dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how China Merchants Bank's dividend process works:
1. Determination of Dividend: China Merchants Bank'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 Merchants Bank 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 Merchants Bank 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 Merchants Bank 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. Determination of Dividend: China Merchants Bank'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 Merchants Bank 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 Merchants Bank 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 Merchants Bank 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.
How are China Merchants Bank dividends paid?
China Merchants Bank dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: China Merchants Bank 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 Merchants Bank 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 Merchants Bank 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.
1. Record Date: China Merchants Bank 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 Merchants Bank 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 Merchants Bank 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.
How many times does China Merchants Bank pay dividends?
China Merchants Bank typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does China Merchants Bank pay dividends?
The general pattern is that China Merchants Bank pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is China Merchants Bank dividend safe?
The safety of China Merchants Bank's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of China Merchants Bank'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 Merchants Bank'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.
To assess the safety of China Merchants Bank'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 Merchants Bank'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.