Intercorp Financial Services Inc. provides banking, insurance, and wealth management services for retail and commercial clients in Peru. The company operates through three segments: Banking, Insurance, and Wealth Management. It provides transactional accounts, such as cuenta sueldo and cuenta simple; savings accounts; investment accounts; and time deposits, certificates of deposit, and compensation for service time accounts. The company also offers retail banking products, including credit cards, payroll deduction loans, mortgages, and consumer loans, as well as cash, student, and collateralized cash loans. In addition, the company provides corporate, medium-size business, and small business banking services; and commercial banking products, which include commercial real estate, vehicles, machinery and other goods, cash management, trade finance, and electronic factoring products. Further, it offers treasury and institutional banking, as well as securitization services. Additionally, the company provides annuities and conventional life insurance, and other retail insurance products, as well as financial advisory services for equities, fixed income, structured products, alternative investments, and managed accounts; brokerage, and investment management services. As of December 31, 2021, it operated 189 financial stores and 1,581 ATMs. Intercorp Financial Services Inc. was incorporated in 1897 and is based in Lima, Peru. Intercorp Financial Services Inc. operates as a subsidiary of Intercorp Perú Ltd.
Intercorp Financial Services Dividend Announcement
• Intercorp Financial Services announced a annually dividend of $0.95 per ordinary share which will be made payable on 2024-04-29. Ex dividend date: 2024-04-17
• Intercorp Financial Services annual dividend for 2024 was $0.95
• Intercorp Financial Services annual dividend for 2023 was $1.18
• Intercorp Financial Services's trailing twelve-month (TTM) dividend yield is 3.37%
• Intercorp Financial Services's payout ratio for the trailing twelve months (TTM) is 38.94%
Intercorp Financial Services Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-17 | $0.95 | annually | 2024-04-29 |
2023-04-27 | $1.18 | annually | 2023-05-08 |
2022-04-27 | $1.66 | annually | 2022-05-06 |
2021-12-14 | $0.62 | annually | 2021-12-20 |
2021-04-27 | $0.77 | annually | 2021-05-06 |
2020-04-27 | $1.75 | annually | 2020-05-06 |
Intercorp Financial Services Dividend per year
Intercorp Financial Services Dividend growth
Intercorp Financial Services Dividend Yield
Intercorp Financial Services current trailing twelve-month (TTM) dividend yield is 3.37%. Interested in purchasing Intercorp Financial Services stock? Use our calculator to estimate your expected dividend yield:
Intercorp Financial Services Financial Ratios
Intercorp Financial Services Dividend FAQ
Other factors to consider when evaluating Intercorp Financial Services 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: Intercorp Financial Services'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, Intercorp Financial Services 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, Intercorp Financial Services 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 Intercorp Financial Services 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: Intercorp Financial Services 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, Intercorp Financial Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Intercorp Financial Services 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 Intercorp Financial Services'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 Intercorp Financial Services'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.