Erste Group Bank AG engages in the provision of banking and financial services. The company is headquartered in Wien, Wien and currently employs 46,907 full-time employees. The firm offers a range of banking and other financial services, such as savings accounts, asset management (including investment funds), consumer credit and mortgage lending, investment banking, securities and derivatives trading, portfolio management, project finance, foreign trade financing, corporate finance, capital market and money market services, foreign exchange trading, leasing and factoring. The firm operates through nine segments: Retail, SME, Asset/Liability Management & Local Corporate Center (ALM & Local CC), Savings Banks, Large Corporates, Commercial Real Estate, Other Corporate, Group Markets and Group Corporate Center (GCC). The firm operates approximately 2,800 branches. The firm offers services in Austria, Central and Eastern Europe (CEE), Czech Republic, Slovakia, Romania, Hungary, Croatia and Serbia. The firm offers personal, corporates and private banking services.
Erste Bank Dividend Announcement
• Erste Bank announced a annually dividend of €2.70 per ordinary share which will be made payable on 2024-05-29. Ex dividend date: 2024-05-27
• Erste Bank annual dividend for 2024 was €2.70
• Erste Bank annual dividend for 2023 was €1.90
• Erste Bank's trailing twelve-month (TTM) dividend yield is 5.16%
• Erste Bank's payout ratio for the trailing twelve months (TTM) is 37.01%
Erste Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-27 | €2.70 | annually | 2024-05-29 |
2023-05-16 | €1.90 | annually | 2023-05-19 |
2022-05-23 | €1.60 | annually | 2022-05-25 |
2021-11-30 | €1.00 | annually | 2021-12-02 |
2021-05-25 | €0.50 | annually | 2021-05-27 |
2021-02-11 | €0.75 | annually | |
2019-05-20 | €1.40 | annually | 2019-05-22 |
2018-05-29 | €1.20 | annually | 2018-06-01 |
2017-05-23 | €1.00 | annually | 2017-05-26 |
2016-05-17 | €0.50 | annually | 2016-05-19 |
2014-05-26 | €0.20 | annually | 2014-05-28 |
2013-05-22 | €0.40 | annually | 2013-05-24 |
2011-05-17 | €0.70 | annually | 2011-05-19 |
2010-05-17 | €0.65 | annually | 2010-05-19 |
Erste Bank Dividend per year
Erste Bank Dividend growth
Erste Bank Dividend Yield
Erste Bank current trailing twelve-month (TTM) dividend yield is 5.16%. Interested in purchasing Erste Bank stock? Use our calculator to estimate your expected dividend yield:
Erste Bank Financial Ratios
Erste Bank Dividend FAQ
Other factors to consider when evaluating Erste 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: Erste 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, Erste 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, Erste 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 Erste 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: Erste 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, Erste 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: Erste 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 Erste 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 Erste 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.