CIMB Group Holdings Berhad provides various banking products and services in Malaysia and internationally. The Consumer Banking segment offers conventional and Islamic financial products and services, such as residential and non-residential property loans, secured personal loans, motor vehicle financing, credit cards, unsecured personal financing, wealth management, bancassurance, remittance and foreign exchange, deposits, and internet banking services to individual customers. The Commercial Banking segment provides banking credit facilities, trade financing, cash management, remittance and foreign exchange, and general deposit products, as well as an online business banking platform to small and medium-scale enterprises, and mid-sized corporations. The Wholesale Banking segment offers client coverage marketing and delivering solutions; financial advisory services on issuance of equity and equity-linked products, debt restructuring, initial public offerings, secondary offerings, and general corporate advisory; conventional and Islamic funding solutions covering trade, working capital line, capital expenditure, leveraging, merger and acquisition, leveraged, and project financing products; and holistic funding solutions, including cash management, trade finance, foreign exchange, custody and corporate loans, derivatives, structured products, and debt capital. This segment also engages in the treasury activities and services comprising foreign exchange, money market, derivatives, and capital market trading instruments; transaction banking and broking services; and wealth management solutions, as well as investment, securities financing, and trust services. CIMB Group Holdings Berhad was founded in 1924 and is headquartered in Kuala Lumpur, Malaysia.
CIMB Berhad Dividend Announcement
• CIMB Berhad announced a semi annually dividend of RM0.20 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-13
• CIMB Berhad annual dividend for 2024 was RM0.27
• CIMB Berhad annual dividend for 2023 was RM0.30
• CIMB Berhad's trailing twelve-month (TTM) dividend yield is 3.21%
• CIMB Berhad's payout ratio for the trailing twelve months (TTM) is 61.47%
• CIMB Berhad's dividend growth over the last five years (2018-2023) was 4.06% year
• CIMB Berhad's dividend growth over the last ten years (2013-2023) was -0.23% year
CIMB Berhad Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | RM0.20 | semi annually | 2024-09-27 |
2024-03-15 | RM0.07 | semi annually | |
2023-09-20 | RM0.17 | semi annually | 2023-10-12 |
2023-03-13 | RM0.13 | semi annually | 2023-04-12 |
2022-09-28 | RM0.13 | semi annually | 2022-10-28 |
2022-03-25 | RM0.13 | semi annually | 2022-04-25 |
2021-09-28 | RM0.10 | semi annually | 2021-10-27 |
2021-03-24 | RM0.05 | semi annually | 2021-04-22 |
2020-03-16 | RM0.12 | semi annually | 2020-04-13 |
2019-10-04 | RM0.14 | semi annually | 2019-11-06 |
2019-03-25 | RM0.12 | semi annually | 2019-04-24 |
2018-09-24 | RM0.13 | semi annually | 2018-10-24 |
2018-03-28 | RM0.12 | semi annually | 2018-04-30 |
2017-10-10 | RM0.13 | semi annually | 2017-11-10 |
2017-03-28 | RM0.12 | semi annually | 2017-04-28 |
2016-09-27 | RM0.08 | semi annually | |
2016-08-05 | RM0.02 | semi annually | |
2016-03-24 | RM0.11 | semi annually | |
2015-09-21 | RM0.03 | semi annually | |
2015-03-27 | RM0.05 | semi annually | |
2014-09-26 | RM0.10 | semi annually | |
2014-03-24 | RM0.10 | semi annually | |
2013-09-30 | RM0.13 | semi annually | |
2013-04-05 | RM0.18 | semi annually |
CIMB Berhad Dividend per year
CIMB Berhad Dividend growth
CIMB Berhad Dividend Yield
CIMB Berhad current trailing twelve-month (TTM) dividend yield is 3.21%. Interested in purchasing CIMB Berhad stock? Use our calculator to estimate your expected dividend yield:
CIMB Berhad Financial Ratios
CIMB Berhad Dividend FAQ
Other factors to consider when evaluating CIMB Berhad 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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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.
1. Determination of Dividend: CIMB Berhad'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, CIMB Berhad 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, CIMB Berhad 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 CIMB Berhad 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: CIMB Berhad 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, CIMB Berhad distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CIMB Berhad 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 CIMB Berhad'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 CIMB Berhad'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.