Credicorp Ltd., a financial service holding company, provides various financial, insurance, and health services and products primarily in Peru and internationally. The company's Universal Banking segment offers deposits and current accounts, and various credits and financial instruments to individuals and legal entities. Its Insurance and Pensions segment issues insurance policies to cover losses in commercial property, transportation, marine vessels, automobile, life, health, and pensions, as well as provides private pension fund management services. The company's Microfinance segment manages loans, credits, deposits, and current accounts of the small and microenterprises. Its Investment Banking and Wealth Management segment offers its services to corporations, institutional investors, governments, and foundations; engages in structuring and placement of issues in the primary market, as well as the execution and negotiation of operations in the secondary market; and structures securitization processes for corporate customers and manages mutual funds. The company was founded in 1889 and is headquartered in Lima, Peru.
Credicorp Dividend Announcement
• Credicorp announced a semi annually dividend of $0.78 per ordinary share which will be made payable on 2024-10-18. Ex dividend date: 2024-09-23
• Credicorp annual dividend for 2024 was $1.03
• Credicorp annual dividend for 2023 was $0.18
• Credicorp's trailing twelve-month (TTM) dividend yield is 0.14%
• Credicorp's dividend growth over the last five years (2018-2023) was 6.14% year
• Credicorp's dividend growth over the last ten years (2013-2023) was -16.15% year
Credicorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-23 | $0.78 | semi annually | 2024-10-18 |
2024-05-17 | $0.25 | semi annually | 2024-06-14 |
2023-05-18 | $0.18 | semi annually | 2023-06-09 |
2022-05-19 | $0.11 | semi annually | 2022-06-10 |
2021-09-14 | $0.29 | semi annually | 2021-10-07 |
2020-04-09 | $2.61 | semi annually | 2020-05-08 |
2019-10-22 | $0.71 | semi annually | 2019-11-22 |
2019-04-15 | $1.83 | semi annually | 2019-05-10 |
2018-04-17 | $0.14 | semi annually | 2018-05-11 |
2017-11-13 | $1.50 | semi annually | 2017-11-24 |
2017-04-13 | $1.15 | semi annually | 2017-05-12 |
2016-04-14 | $0.71 | semi annually | 2016-05-13 |
2015-04-17 | $0.71 | semi annually | 2015-05-15 |
2014-04-16 | $0.69 | semi annually | 2014-05-16 |
2013-04-12 | $1.07 | semi annually | 2013-05-10 |
Credicorp Dividend per year
Credicorp Dividend growth
Credicorp Dividend Yield
Credicorp current trailing twelve-month (TTM) dividend yield is 0.14%. Interested in purchasing Credicorp stock? Use our calculator to estimate your expected dividend yield:
Credicorp Financial Ratios
Credicorp Dividend FAQ
Other factors to consider when evaluating Credicorp 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: Credicorp'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, Credicorp 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, Credicorp 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 Credicorp 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: Credicorp 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, Credicorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Credicorp 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 Credicorp'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 Credicorp'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.