Jinshang Bank Co., Ltd. provides commercial banking services in Shanxi Province, China. The company operates through Corporate Banking, Retail Banking, and Treasury Business segments. The company offers corporate banking services, including deposits and corporate loans and advances; and trade financing, agency, wealth management, consulting and advisory, remittance and settlement, and guarantee services to corporations, government agencies, and financial institutions. It also provides retail banking products and services, such as personal loans, deposit-taking activities, personal wealth management services, and remittance services to retail customers. In addition, the company engages in treasury business operations; and inter-bank money market transactions, repurchases transactions, investments, bond investment, and trading activities, as well as debt issuance activities. Further, it is involved in investment management business, including debt securities investment; debt securities distribution activities; and underwriting debt financing instruments. Additionally, the company provides special purpose vehicle investments to invest in trust plans, asset management plans, wealth management products, and investment funds. The company was formerly known as Taiyuan City Commercial Bank Co., Ltd. and changed its name to Jinshang Bank Co., Ltd. in December 2008. Jinshang Bank Co., Ltd. was founded in 1998 and is headquartered in Taiyuan, China.
Jinshang Bank Dividend Announcement
• Jinshang Bank announced a annually dividend of HK$0.11 per ordinary share which will be made payable on 2024-08-09. Ex dividend date: 2024-06-24
• Jinshang Bank annual dividend for 2024 was HK$0.11
• Jinshang Bank annual dividend for 2023 was HK$0.11
• Jinshang Bank's trailing twelve-month (TTM) dividend yield is 7.62%
• Jinshang Bank's payout ratio for the trailing twelve months (TTM) is 29.23%
Jinshang Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-24 | HK$0.11 | annually | 2024-08-09 |
2023-06-14 | HK$0.11 | annually | 2023-07-28 |
2022-06-14 | HK$0.12 | annually | 2022-07-29 |
2021-06-15 | HK$0.12 | annually | 2021-07-30 |
2020-06-11 | HK$0.12 | annually | 2020-07-29 |
Jinshang Bank Dividend per year
Jinshang Bank Dividend growth
Jinshang Bank Dividend Yield
Jinshang Bank current trailing twelve-month (TTM) dividend yield is 7.62%. Interested in purchasing Jinshang Bank stock? Use our calculator to estimate your expected dividend yield:
Jinshang Bank Financial Ratios
Jinshang Bank Dividend FAQ
Other factors to consider when evaluating Jinshang 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: Jinshang 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, Jinshang 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, Jinshang 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 Jinshang 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: Jinshang 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, Jinshang 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: Jinshang 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 Jinshang 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 Jinshang 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.