Delhi Bank Corp. operates as a bank holding company for The Delaware National Bank of Delhi that provides commercial banking products and services to individual and small business customers in Delaware County, New York. The company accepts demand, interest bearing time and savings, personal and business checking, NOW, health savings, money market, club, certificates of deposit, and individual retirement accounts. Its loan products include automobile, motorcycle, recreational vehicle, and boat loans; residential and commercial real estate, home improvements, rental property, vacant land, overdraft protection, personal, commercial, construction, manufactured housing, second homes, and agricultural; and home equity and commercial lines of credit. The company also offers ATM and debit, and Visa/Mastercard merchant account; trust and investment services; and wire transfer, payment, direct deposit, night depository, money orders, safe deposit boxes, telephone banking, automatic clearing house transfer, notary public, and internet banking services. Delhi Bank Corp. was founded in 1839 and is headquartered in Delhi, New York.
Delhi Bank Dividend Announcement
• Delhi Bank announced a quarterly dividend of $0.10 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-30
• Delhi Bank annual dividend for 2024 was $0.29
• Delhi Bank annual dividend for 2023 was $0.38
• Delhi Bank's trailing twelve-month (TTM) dividend yield is 1.87%
• Delhi Bank's dividend growth over the last five years (2018-2023) was -11.14% year
• Delhi Bank's dividend growth over the last ten years (2013-2023) was -4.81% year
Delhi Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-30 | $0.10 | quarterly | 2024-10-15 |
2024-06-28 | $0.10 | quarterly | 2024-07-15 |
2024-03-27 | $0.10 | quarterly | 2024-04-15 |
2023-12-28 | $0.10 | quarterly | 2024-01-12 |
2023-09-28 | $0.10 | quarterly | 2023-10-13 |
2023-06-29 | $0.10 | quarterly | 2023-07-17 |
2023-03-30 | $0.09 | quarterly | 2023-04-14 |
2022-12-29 | $0.09 | quarterly | 2023-01-13 |
2022-09-29 | $0.09 | quarterly | 2022-10-17 |
2022-06-29 | $0.09 | quarterly | 2022-07-15 |
2022-03-30 | $0.09 | quarterly | 2022-04-18 |
2021-12-30 | $0.09 | quarterly | 2022-01-14 |
2021-09-29 | $0.09 | quarterly | 2021-10-15 |
2021-06-29 | $0.19 | quarterly | 2021-07-15 |
2021-03-30 | $0.19 | quarterly | 2021-04-15 |
2020-12-30 | $0.19 | quarterly | 2021-01-15 |
2020-09-29 | $0.19 | quarterly | 2020-10-15 |
2020-06-29 | $0.19 | quarterly | 2020-07-15 |
2020-03-30 | $0.19 | quarterly | 2020-04-15 |
2019-12-30 | $0.18 | quarterly | 2020-01-15 |
2019-09-27 | $0.18 | quarterly | 2019-10-15 |
2019-06-27 | $0.18 | quarterly | 2019-07-15 |
2019-03-28 | $0.18 | quarterly | 2019-04-15 |
2018-12-18 | $0.18 | quarterly | 2019-01-15 |
2018-09-27 | $0.17 | quarterly | 2018-10-15 |
2018-06-28 | $0.17 | quarterly | 2018-07-13 |
2018-03-28 | $0.17 | quarterly | 2018-04-13 |
2017-12-28 | $0.16 | quarterly | 2018-01-12 |
2017-09-28 | $0.16 | quarterly | 2017-10-13 |
2017-06-28 | $0.16 | quarterly | 2017-07-13 |
2017-03-29 | $0.16 | quarterly | 2017-04-17 |
2016-12-28 | $0.16 | quarterly | 2017-01-13 |
2016-09-28 | $0.16 | quarterly | 2016-10-14 |
2016-06-28 | $0.16 | quarterly | 2016-07-15 |
2016-03-29 | $0.16 | quarterly | 2016-04-15 |
2015-12-29 | $0.16 | quarterly | 2016-01-15 |
2015-09-28 | $0.16 | quarterly | 2015-10-15 |
2015-06-26 | $0.16 | quarterly | |
2015-03-27 | $0.16 | quarterly | |
2014-12-29 | $0.16 | quarterly | |
2014-09-26 | $0.16 | quarterly | |
2014-06-26 | $0.16 | quarterly | |
2014-03-27 | $0.16 | quarterly | |
2013-12-27 | $0.16 | quarterly | |
2013-09-26 | $0.16 | quarterly | |
2013-06-26 | $0.16 | quarterly | |
2013-03-26 | $0.15 | quarterly |
Delhi Bank Dividend per year
Delhi Bank Dividend growth
Delhi Bank Dividend Yield
Delhi Bank current trailing twelve-month (TTM) dividend yield is 1.87%. Interested in purchasing Delhi Bank stock? Use our calculator to estimate your expected dividend yield:
Delhi Bank Financial Ratios
Delhi Bank Dividend FAQ
Other factors to consider when evaluating Delhi 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.
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1. Determination of Dividend: Delhi 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, Delhi 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, Delhi 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 Delhi 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. Record Date: Delhi 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, Delhi 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: Delhi 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.
To assess the safety of Delhi 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 Delhi 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.