Dah Sing Banking Group Limited, an investment holding company, provides banking, financial, and other related services in Hong Kong, Macau, and the People's Republic of China. It operates through Personal Banking, Corporate Banking, Treasury and Global Markets, and Overseas Banking segments. The Personal Banking segment accepts deposits from individual customers; and provides residential mortgage lending, personal loans, overdrafts, vehicle financing, and credit card services, as well as insurance sales and investment services. The Corporate Banking segment accepts deposits; offers loans and working capital financing to commercial, industrial, and institutional customers; and provides trade financing services. The Treasury and Global Markets segment provides foreign exchange services; cash management services for deposit taking and lending; and interest rate risk management services, as well as manages investments in securities. The Overseas Banking segment engages in the personal and corporate banking business activities in Macau and the People's Republic of China. The company is also involved in the property investment and securities dealing activities; and provision of nominee services. As of December 31, 2021, it had a branch network of 43 retail branches, 27 VIP banking centers, 16 securities trading centers, and 10 SME centers. The company was incorporated in 2004 and is based in Wan Chai, Hong Kong. Dah Sing Banking Group Limited operates as a subsidiary of Dah Sing Financial Holdings Limited.
Dah Sing Banking Dividend Announcement
• Dah Sing Banking announced a semi annually dividend of HK$0.27 per ordinary share which will be made payable on 2024-09-26. Ex dividend date: 2024-09-11
• Dah Sing Banking annual dividend for 2024 was HK$0.76
• Dah Sing Banking annual dividend for 2023 was HK$0.40
• Dah Sing Banking's trailing twelve-month (TTM) dividend yield is 10.78%
• Dah Sing Banking's payout ratio for the trailing twelve months (TTM) is 41.01%
• Dah Sing Banking's dividend growth over the last five years (2018-2023) was -1.89% year
• Dah Sing Banking's dividend growth over the last ten years (2013-2023) was 2.26% year
Dah Sing Banking Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-11 | HK$0.27 | semi annually | 2024-09-26 |
2024-06-05 | HK$0.49 | semi annually | 2024-06-20 |
2023-09-07 | HK$0.11 | semi annually | 2023-09-21 |
2023-06-07 | HK$0.29 | semi annually | 2023-06-21 |
2022-09-08 | HK$0.10 | semi annually | 2022-09-21 |
2022-06-01 | HK$0.24 | semi annually | 2022-06-16 |
2021-09-09 | HK$0.10 | semi annually | 2021-09-21 |
2021-06-07 | HK$0.22 | semi annually | 2021-06-22 |
2020-09-09 | HK$0.08 | semi annually | 2020-09-21 |
2020-06-03 | HK$0.35 | semi annually | 2020-06-17 |
2019-09-10 | HK$0.13 | semi annually | 2019-09-20 |
2019-05-29 | HK$0.35 | semi annually | 2019-06-12 |
2018-09-11 | HK$0.13 | semi annually | 2018-09-21 |
2018-06-01 | HK$0.31 | semi annually | 2018-06-14 |
2017-09-12 | HK$0.11 | semi annually | 2017-09-22 |
2017-06-02 | HK$0.28 | semi annually | 2017-06-14 |
2016-09-09 | HK$0.10 | semi annually | 2016-09-23 |
2016-06-03 | HK$0.27 | semi annually | 2016-06-20 |
2015-09-10 | HK$0.11 | semi annually | 2015-09-24 |
2015-06-03 | HK$0.26 | semi annually | 2015-06-19 |
2015-05-19 | HK$0.26 | semi annually | |
2014-09-11 | HK$0.10 | semi annually | 2014-09-25 |
2014-06-03 | HK$0.24 | semi annually | 2014-06-20 |
2013-09-12 | HK$0.09 | semi annually | 2013-09-26 |
2013-05-30 | HK$0.23 | semi annually | 2013-06-10 |
Dah Sing Banking Dividend per year
Dah Sing Banking Dividend growth
Dah Sing Banking Dividend Yield
Dah Sing Banking current trailing twelve-month (TTM) dividend yield is 10.78%. Interested in purchasing Dah Sing Banking stock? Use our calculator to estimate your expected dividend yield:
Dah Sing Banking Financial Ratios
Dah Sing Banking Dividend FAQ
Other factors to consider when evaluating Dah Sing Banking 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: Dah Sing Banking'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, Dah Sing Banking 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, Dah Sing Banking 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 Dah Sing Banking 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: Dah Sing Banking 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, Dah Sing Banking distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dah Sing Banking 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 Dah Sing Banking'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 Dah Sing Banking'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.