Emirates NBD Bank PJSC, together with its subsidiaries, provides corporate, institutional, retail, treasury, and Islamic banking services. The company offers current and savings accounts, customer deposits, overdrafts, trade finance and term loans for government, corporate customers, investment banking, and Islamic products, as well as structured financing services. It also provides retail loans and deposits, private banking and wealth management, equity broking services, asset management, and consumer financing services. In addition, the company offers call center management; real estate management; and trust administration services, as well as engages in medium term borrowing and money market transactions. The company operates in the United Arab Emirates, Egypt, India, Turkey, the Kingdom of Saudi Arabia, Singapore, the United Kingdom, Austria, Germany, Russia, and Bahrain, as well as offices in China and Indonesia. The company was founded in 1963 and is headquartered in Dubai, the United Arab Emirates. Emirates NBD Bank PJSC operates as a subsidiary of Investment Corporation of Dubai.
Emirates NBD Bank Dividend Announcement
• Emirates NBD Bank announced a annually dividend of د.إ1.20 per ordinary share which will be made payable on 2024-04-01. Ex dividend date: 2024-03-01
• Emirates NBD Bank annual dividend for 2024 was د.إ1.20
• Emirates NBD Bank annual dividend for 2023 was د.إ0.60
• Emirates NBD Bank's trailing twelve-month (TTM) dividend yield is 6.12%
• Emirates NBD Bank's payout ratio for the trailing twelve months (TTM) is 33.46%
• Emirates NBD Bank's dividend growth over the last five years (2018-2023) was 9.31% year
• Emirates NBD Bank's dividend growth over the last ten years (2013-2023) was 9.58% year
Emirates NBD Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-01 | د.إ1.20 | annually | 2024-04-01 |
2023-03-03 | د.إ0.60 | annually | 2023-04-01 |
2022-04-04 | د.إ0.50 | annually | |
2022-03-04 | د.إ0.50 | annually | 2022-03-16 |
2021-03-04 | د.إ0.40 | annually | 2021-04-01 |
2020-03-19 | د.إ0.40 | annually | 2020-04-01 |
2019-02-28 | د.إ0.38 | annually | 2019-04-01 |
2018-04-05 | د.إ0.38 | annually | 2018-05-01 |
2017-02-21 | د.إ0.38 | annually | 2017-03-01 |
2016-02-24 | د.إ0.38 | annually | |
2015-03-12 | د.إ0.34 | annually | |
2014-03-13 | د.إ0.24 | annually | |
2013-03-14 | د.إ0.24 | annually |
Emirates NBD Bank Dividend per year
Emirates NBD Bank Dividend growth
Emirates NBD Bank Dividend Yield
Emirates NBD Bank current trailing twelve-month (TTM) dividend yield is 6.12%. Interested in purchasing Emirates NBD Bank stock? Use our calculator to estimate your expected dividend yield:
Emirates NBD Bank Financial Ratios
Emirates NBD Bank Dividend FAQ
Other factors to consider when evaluating Emirates NBD 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: Emirates NBD 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, Emirates NBD 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, Emirates NBD 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 Emirates NBD 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: Emirates NBD 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, Emirates NBD 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: Emirates NBD 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 Emirates NBD 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 Emirates NBD 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.