Far Eastern International Bank Ltd. provides individual and corporate banking services in Taiwan, rest of the Asia Pacific, and internationally. The company provides savings and checking accounts; remittance, foreign exchange, and wealth management and SME financing services; and mutual funds, ETFs, and offshore stock shares and straight bonds. It also offers insurance products, including compulsory, accident, medical, saving, annuity, and investment-oriented insurance; integrated financial solution schemes through financing, cash managing, and hedging services; accounts receivable, electronic payment, and financial hedging services; and SME credit guarantee trust fund, foreign capital safekeeping, and investment services. In addition, the company offers credit cards; credit card financial management services, such as balance transfer for credit card debt, consumer loans, and cash advances; unsecured loans comprising loans to public functionaries, teachers, and employees of companies, as well as to employees with approximately half a year of service at enterprises and organizations; and mortgage loans for new house interior decoration and used home remodeling; and credit lines for use in wealth management. Further, it provides short, medium, and long term credit facility, trade finance, cash management, foreign exchange, corporate trust, financial advisory, acquisition, project, and structured financing services; and financial market services, as well as phone banking services. Additionally, the company issues letters of credit; handles domestic and foreign remittances; accepts commercial drafts; invests in securities; and acts as an agent for the trading government and corporate bonds, and bank debentures. As of December 31, 2021, it operated 55 domestic branches, an overseas branch in Hong Kong, and two foreign representative offices in Vietnam and Singapore. Far Eastern International Bank Ltd. was founded in 1992 and is headquartered in Taipei, Taiwan.
Far Eastern International Bank Dividend Announcement
• Far Eastern International Bank announced a annually dividend of NT$0.53 per ordinary share which will be made payable on 2024-09-26. Ex dividend date: 2024-08-27
• Far Eastern International Bank annual dividend for 2024 was NT$0.53
• Far Eastern International Bank annual dividend for 2023 was NT$0.41
• Far Eastern International Bank's trailing twelve-month (TTM) dividend yield is 3.83%
• Far Eastern International Bank's payout ratio for the trailing twelve months (TTM) is 73.23%
• Far Eastern International Bank's dividend growth over the last five years (2018-2023) was 0.02% year
• Far Eastern International Bank's dividend growth over the last ten years (2013-2023) was 8.99% year
Far Eastern International Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-27 | NT$0.53 | annually | 2024-09-26 |
2023-07-06 | NT$0.41 | annually | 2023-08-04 |
2022-09-06 | NT$0.43 | annually | 2022-10-06 |
2021-09-17 | NT$0.33 | annually | 2021-10-19 |
2020-09-01 | NT$0.46 | annually | 2020-09-29 |
2019-08-29 | NT$0.42 | annually | 2019-09-27 |
2018-09-06 | NT$0.41 | annually | 2018-10-05 |
2017-08-31 | NT$0.37 | annually | 2017-09-29 |
2016-09-01 | NT$0.34 | annually | |
2015-09-01 | NT$0.31 | annually | |
2014-08-05 | NT$0.19 | annually | |
2013-09-03 | NT$0.17 | annually |
Far Eastern International Bank Dividend per year
Far Eastern International Bank Dividend growth
Far Eastern International Bank Dividend Yield
Far Eastern International Bank current trailing twelve-month (TTM) dividend yield is 3.83%. Interested in purchasing Far Eastern International Bank stock? Use our calculator to estimate your expected dividend yield:
Far Eastern International Bank Financial Ratios
Far Eastern International Bank Dividend FAQ
Other factors to consider when evaluating Far Eastern International 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: Far Eastern International 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, Far Eastern International 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, Far Eastern International 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 Far Eastern International 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: Far Eastern International 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, Far Eastern International 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: Far Eastern International 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 Far Eastern International 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 Far Eastern International 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.