Jiangsu Zhangjiagang Rural Commercial Bank Co., Ltd provides banking products and services in China. It offers deposit products, such as demand, time, notice, and fixed-life, agreement, and smart notification deposits; personal large deposit certificates; wealth management services, including financial management, investment funds, gold fixed investments, life insurance products, and monetary funds; and personal foreign exchange services, as well as collection and payment of water fees, electricity bills, digital TV viewing fees, telecommunication and intercom charges, mobile payment, and gas payment. The company also provides domestic factoring, domestic letter of credit, domestic letter of credit package loans and forfeiting , domestic acceptance bill guarantees, sellers financing, and domestic order financing; international settlement and trade finance; small and micro products; credit and debit cards; personal loans; online and mobile banking; and ATM's. In addition, it engages in bonds, bills, credit asset, and interbank business. Jiangsu Zhangjiagang Rural Commercial Bank Co., Ltd founded in 2001 and is based in Zhangjiagang, China.
Jiangsu Zhangjiagang Rural Commercial Bank Dividend Announcement
• Jiangsu Zhangjiagang Rural Commercial Bank announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-06-06. Ex dividend date: 2024-06-06
• Jiangsu Zhangjiagang Rural Commercial Bank annual dividend for 2024 was ¥0.20
• Jiangsu Zhangjiagang Rural Commercial Bank annual dividend for 2023 was ¥0.20
• Jiangsu Zhangjiagang Rural Commercial Bank 's trailing twelve-month (TTM) dividend yield is 4.72%
• Jiangsu Zhangjiagang Rural Commercial Bank 's payout ratio for the trailing twelve months (TTM) is 77.04%
• Jiangsu Zhangjiagang Rural Commercial Bank 's dividend growth over the last five years (2018-2023) was 14.87% year
Jiangsu Zhangjiagang Rural Commercial Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-06 | ¥0.20 | annually | 2024-06-06 |
2023-06-01 | ¥0.20 | annually | 2023-06-01 |
2022-05-05 | ¥0.16 | annually | 2022-05-05 |
2021-07-08 | ¥0.16 | annually | 2021-07-08 |
2020-06-30 | ¥0.15 | annually | 2020-06-30 |
2019-06-12 | ¥0.15 | annually | 2019-06-12 |
2018-05-18 | ¥0.10 | annually | 2018-05-18 |
2017-06-23 | ¥0.10 | annually | 2017-06-23 |
Jiangsu Zhangjiagang Rural Commercial Bank Dividend per year
Jiangsu Zhangjiagang Rural Commercial Bank Dividend growth
Jiangsu Zhangjiagang Rural Commercial Bank Dividend Yield
Jiangsu Zhangjiagang Rural Commercial Bank current trailing twelve-month (TTM) dividend yield is 4.72%. Interested in purchasing Jiangsu Zhangjiagang Rural Commercial Bank stock? Use our calculator to estimate your expected dividend yield:
Jiangsu Zhangjiagang Rural Commercial Bank Financial Ratios
Jiangsu Zhangjiagang Rural Commercial Bank Dividend FAQ
Other factors to consider when evaluating Jiangsu Zhangjiagang Rural Commercial 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: Jiangsu Zhangjiagang Rural Commercial 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, Jiangsu Zhangjiagang Rural Commercial 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, Jiangsu Zhangjiagang Rural Commercial 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 Jiangsu Zhangjiagang Rural Commercial 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: Jiangsu Zhangjiagang Rural Commercial 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, Jiangsu Zhangjiagang Rural Commercial 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: Jiangsu Zhangjiagang Rural Commercial 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 Jiangsu Zhangjiagang Rural Commercial 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 Jiangsu Zhangjiagang Rural Commercial 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.