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 5.61%
• Industrial Bank's payout ratio for the trailing twelve months (TTM) is 76.22%
• 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 5.61%. Interested in purchasing Industrial Bank stock? Use our calculator to estimate your expected dividend yield:
Industrial Bank Financial Ratios
Industrial Bank Dividend FAQ
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.
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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. 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.
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.