Industrial Bank Co., Ltd. provides banking services in the People's Republic of China. The company's banking services include accepting deposits from the public; granting short-term, medium-term, and long-term loans; domestic and overseas settlement services; issuance of discount and financial bonds; acceptance bills and notes; agency issue and encashment; underwriting and trading of government bonds and debentures; trading of financial bonds; agency trading and trading of marketable securities except stock; asset custody business; and inter-bank lending and borrowings. It also trades in, settles, and sells foreign exchange, as well as provides bank cards; agency trading services; letters of credit and letters of guarantee; remittance and insurance agent services; safety deposit box services; financial advisory services; credit investigation, advisory, and attestation services; and other banking services. In addition, the company, through its subsidiaries, is involved in finance leasing, trust, fund raising and marketing, asset management, consumer finance, equity investment, and industrial investment; investment management, advisory, and consulting; and financial, business, and enterprise management consulting; financial data processing, commodity and financial futures brokerage, futures investment consulting, and economic information consulting; application software development and operational, and system integration services. Further, it engages in investment and assets management; acquisition, transfer, and disposal of bad debts of financial and non-financial institutions; issuance of wealth management products; wealth management consulting and advisory services; and other banking activities. Additionally, the company offers debit and credit card, and internet and mobile banking services. Industrial Bank Co., Ltd. was founded in 1988 and is headquartered in Fuzhou, the People's Republic of China.
Industrial Bank Dividend Announcement
• Industrial Bank announced a annually dividend of ¥1.04 per ordinary share which will be made payable on 2024-07-09. Ex dividend date: 2024-07-09
• Industrial Bank annual dividend for 2024 was ¥1.04
• Industrial Bank annual dividend for 2023 was ¥1.19
• Industrial Bank's trailing twelve-month (TTM) dividend yield is 5.4%
• Industrial Bank's payout ratio for the trailing twelve months (TTM) is 86.46%
• Industrial Bank's dividend growth over the last five years (2018-2023) was 12.82% year
• Industrial Bank's dividend growth over the last ten years (2013-2023) was 7.62% year
Industrial Bank Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-09 | ¥1.04 | annually | 2024-07-09 |
| 2023-06-19 | ¥1.19 | annually | 2023-06-19 |
| 2022-06-16 | ¥1.03 | annually | 2022-06-16 |
| 2021-06-29 | ¥0.80 | annually | 2021-06-29 |
| 2020-07-15 | ¥0.76 | annually | 2020-07-15 |
| 2019-06-19 | ¥0.69 | annually | 2019-06-19 |
| 2018-06-15 | ¥0.65 | annually | 2018-06-15 |
| 2017-06-14 | ¥0.61 | annually | 2017-06-14 |
| 2016-06-06 | ¥0.61 | annually | |
| 2015-05-27 | ¥0.57 | annually | |
| 2014-07-18 | ¥0.46 | annually | |
| 2013-07-03 | ¥0.57 | annually |
Industrial Bank Dividend per year
Industrial Bank Dividend growth
Industrial Bank Dividend Yield
Industrial Bank current trailing twelve-month (TTM) dividend yield is 5.4%. Interested in purchasing Industrial Bank stock? Use our calculator to estimate your expected dividend yield:
Industrial Bank Financial Ratios
P/E ratio5.17
PEG ratio0.19
P/B ratio0.51
ROE9.81%
Payout ratio86.46%
Current ratio0.40
Quick ratio0.40
Cash Ratio0.18
Industrial Bank Dividend FAQ
How much is the next Industrial Bank dividend?
Industrial Bank's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Industrial Bank dividend. The next Industrial Bank dividend will be released in June.
When is Industrial Bank dividend paid?
Industrial Bank pays dividends on a annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Industrial Bank pay?
The specific amount of Industrial Bank dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Industrial Bank's dividend history.
Does Industrial Bank stock pay dividends?
Yes, Industrial Bank does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Industrial Bank's dividend history.
How much dividend does Industrial Bank pay?
Industrial Bank paid ¥1.04 in 2024, ¥1.188 in 2023, ¥1.035 in 2022, ¥0.802 in 2021, and ¥0.762 in 2020.
How often does Industrial Bank pay dividends?
Industrial Bank typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is Industrial Bank's dividend yield?
The current dividend yield for Industrial Bank is 5.4%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Industrial Bank's exact dividend yield.
When does Industrial Bank go ex dividend?
Industrial Bank's ex-dividend date for the latest dividend was on 2024-07-09. Industrial Bank typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Industrial Bank dividend paid?
Industrial Bank pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Industrial Bank increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Industrial Bank will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Industrial Bank dividend per share?
Industrial Bank paid ¥1.04 per share in 2024 and ¥1.188 per share in 2023. The amount of dividend per share that Industrial Bank pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Industrial Bank a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Industrial Bank a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Industrial Bank a dividend stock?
Yes, Industrial Bank is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Industrial Bank a good dividend stock?
Whether Industrial Bank is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Industrial Bank has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Industrial 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.
Other factors to consider when evaluating Industrial 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.
Does Industrial Bank pay dividends monthly?
Industrial Bank typically pays dividends on a annually basis.
Does Industrial Bank pay dividends quarterly?
Industrial Bank currently pays dividends on a annually basis.
Has Industrial Bank ever paid a dividend?
Yes, Industrial Bank has a history of paying dividends to its shareholders. Industrial Bank is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Industrial Bank dividend stocks?
To buy Industrial Bank you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Industrial Bank stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Industrial Bank stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Industrial Bank pay dividends 2024?
Industrial Bank pays dividends on a annually basis. 2024 dividend payments are in 2024-07-09. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Industrial Bank increase its dividend in 2024?
Decisions regarding Industrial Bank dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Industrial Bank dividend overview you can look into the above table of dividend history.
How Industrial Bank dividend works?
The Industrial Bank dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Industrial Bank's dividend process works:
1. Determination of Dividend: Industrial 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, Industrial 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, Industrial 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 Industrial 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. Determination of Dividend: Industrial 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, Industrial 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, Industrial 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 Industrial 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.
How are Industrial Bank dividends paid?
Industrial Bank dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Industrial 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, Industrial 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: Industrial 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.
1. Record Date: Industrial 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, Industrial 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: Industrial 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.
How many times does Industrial Bank pay dividends?
Industrial Bank typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Industrial Bank pay dividends?
The general pattern is that Industrial Bank pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Industrial Bank dividend safe?
The safety of Industrial Bank's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Industrial 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 Industrial 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.
To assess the safety of Industrial 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 Industrial 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.