Killbuck Bancshares, Inc. operates as the holding company for The Killbuck Savings Bank Company that provides various banking products and services to individuals and businesses. It offers checking and saving accounts; personal lending products that include home mortgage, home equity, construction, auto, and personal loans; credit and debit/ATM cards; online and mobile banking services; bill pays; estatements; cash management and remote deposit capture services; and other services, such as money orders, cashier's checks, merchant, direct deposits, bank by mail, night depository, safe deposit boxes, and foreign currency exchange. The company also provides business lending products, such as commercial real estate, business term, and agricultural loans; and business lines of credit. It operates 11 full-service branches. Killbuck Bancshares, Inc. was founded in 1900 and is based in Killbuck, Ohio.
Killbuck Bancshares Dividend Announcement
• Killbuck Bancshares announced a semi annually dividend of $2.40 per ordinary share which will be made payable on 2024-06-14. Ex dividend date: 2024-05-31
• Killbuck Bancshares annual dividend for 2024 was $2.40
• Killbuck Bancshares annual dividend for 2023 was $4.15
• Killbuck Bancshares's trailing twelve-month (TTM) dividend yield is 3.75%
• Killbuck Bancshares's payout ratio for the trailing twelve months (TTM) is 25.95%
• Killbuck Bancshares's dividend growth over the last five years (2018-2023) was 1.25% year
Killbuck Bancshares Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-31 | $2.40 | semi annually | 2024-06-14 |
2023-11-22 | $2.10 | semi annually | 2023-12-15 |
2023-05-25 | $2.05 | semi annually | 2023-06-15 |
2022-11-23 | $1.95 | semi annually | 2022-12-15 |
2022-05-26 | $1.90 | semi annually | 2022-06-15 |
2021-11-24 | $1.80 | semi annually | 2021-12-15 |
2021-05-27 | $1.70 | semi annually | 2021-06-15 |
2020-11-25 | $1.80 | semi annually | 2020-12-15 |
2020-05-28 | $1.70 | semi annually | 2020-06-15 |
2019-11-27 | $1.80 | semi annually | 2019-12-13 |
2019-05-23 | $1.70 | semi annually | 2019-06-14 |
2018-11-29 | $2.25 | semi annually | 2018-12-14 |
2018-05-24 | $1.65 | semi annually | 2018-06-15 |
2017-11-22 | $1.70 | semi annually | 2017-12-15 |
2017-05-24 | $1.55 | semi annually | 2017-06-15 |
2016-11-22 | $1.65 | semi annually |
Killbuck Bancshares Dividend per year
Killbuck Bancshares Dividend growth
Killbuck Bancshares Dividend Yield
Killbuck Bancshares current trailing twelve-month (TTM) dividend yield is 3.75%. Interested in purchasing Killbuck Bancshares stock? Use our calculator to estimate your expected dividend yield:
Killbuck Bancshares Financial Ratios
Killbuck Bancshares Dividend FAQ
Other factors to consider when evaluating Killbuck Bancshares 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: Killbuck Bancshares'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, Killbuck Bancshares 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, Killbuck Bancshares 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 Killbuck Bancshares 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: Killbuck Bancshares 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, Killbuck Bancshares distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Killbuck Bancshares 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 Killbuck Bancshares'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 Killbuck Bancshares'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.