Cullman Bancorp, Inc. operates as the holding company for Cullman Savings Bank that provides various banking products and services. It offers checking, savings, and individual retirement accounts, as well as certificates of deposit accounts. The company also provides one- to four-family residential real estate, commercial real estate, commercial and industrial, construction, multi-family real estate, and consumer loans; and invests in securities. It operates three branch offices in Cullman, Alabama; and one branch office in Hanceville, Alabama. The company was founded in 1887 and is headquartered in Cullman, Alabama.
Cullman Bancorp Dividend Announcement
• Cullman Bancorp announced a annually dividend of $0.12 per ordinary share which will be made payable on 2024-02-21. Ex dividend date: 2024-01-31
• Cullman Bancorp annual dividend for 2024 was $0.12
• Cullman Bancorp annual dividend for 2023 was $0.12
• Cullman Bancorp's trailing twelve-month (TTM) dividend yield is 1.23%
• Cullman Bancorp's payout ratio for the trailing twelve months (TTM) is 23.99%
Cullman Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-01-31 | $0.12 | annually | 2024-02-21 |
2023-01-31 | $0.12 | annually | 2023-02-22 |
2022-01-31 | $0.12 | annually | 2022-02-16 |
2021-01-29 | $0.99 | annually | 2021-02-17 |
2020-01-31 | $0.99 | annually | 2020-02-19 |
2019-01-31 | $0.99 | annually | 2019-02-20 |
2017-02-01 | $1.42 | annually | 2017-02-22 |
2016-02-03 | $0.71 | annually | 2016-02-23 |
2015-02-04 | $0.71 | annually | 2015-02-24 |
2014-01-29 | $0.23 | annually | 2014-02-17 |
2013-10-29 | $0.23 | annually | 2013-11-15 |
2013-07-29 | $0.23 | annually | 2013-08-15 |
2013-05-17 | $0.23 | annually | |
2013-04-26 | $0.23 | annually | 2013-05-15 |
2013-01-29 | $0.23 | annually | 2013-02-15 |
2012-10-31 | $0.23 | annually | 2012-11-15 |
2012-10-29 | $0.23 | annually | |
2012-07-27 | $0.23 | annually | 2012-08-15 |
2012-04-26 | $0.23 | annually | 2012-05-15 |
2012-01-27 | $0.23 | annually | 2012-02-15 |
Cullman Bancorp Dividend per year
Cullman Bancorp Dividend growth
Cullman Bancorp Dividend Yield
Cullman Bancorp current trailing twelve-month (TTM) dividend yield is 1.23%. Interested in purchasing Cullman Bancorp stock? Use our calculator to estimate your expected dividend yield:
Cullman Bancorp Financial Ratios
Cullman Bancorp Dividend FAQ
Other factors to consider when evaluating Cullman Bancorp 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: Cullman Bancorp'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, Cullman Bancorp 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, Cullman Bancorp 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 Cullman Bancorp 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: Cullman Bancorp 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, Cullman Bancorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Cullman Bancorp 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 Cullman Bancorp'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 Cullman Bancorp'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.