King's Town Bank Co., Ltd., together with its subsidiaries, provides various personal and corporate banking products and services in Taiwan. It accepts various deposit accounts, such as check, savings, time, and demand deposits, as well as offers domestic and foreign exchange services. The company also provides corporate financing services, including loans, bills discounting, and issuance of domestic and foreign letters of credit and domestic and foreign guarantee; and handles investment businesses, draft acceptance, collections, advances, depository, and agency services, as well as issues financial bonds and operates other business chartered by the government. In addition, the company invests in securities. Further, it offers construction management services, as well as engages in leasing business. The company was founded in 1948 and is headquartered in Tainan City, Taiwan.
King's Town Bank Dividend Announcement
• King's Town Bank announced a annually dividend of NT$3.00 per ordinary share which will be made payable on 2024-07-18. Ex dividend date: 2024-06-26
• King's Town Bank annual dividend for 2024 was NT$3.00
• King's Town Bank annual dividend for 2023 was NT$1.10
• King's Town Bank's trailing twelve-month (TTM) dividend yield is 6.01%
• King's Town Bank's payout ratio for the trailing twelve months (TTM) is 59.79%
• King's Town Bank's dividend growth over the last five years (2018-2023) was -6.01% year
• King's Town Bank's dividend growth over the last ten years (2013-2023) was -3.05% year
King's Town Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-26 | NT$3.00 | annually | 2024-07-18 |
2023-06-07 | NT$1.10 | annually | 2023-06-30 |
2022-05-24 | NT$2.10 | annually | 2022-06-16 |
2021-06-03 | NT$1.80 | annually | 2021-06-29 |
2020-05-28 | NT$1.50 | annually | 2020-06-19 |
2019-07-09 | NT$1.50 | annually | 2019-07-31 |
2018-06-05 | NT$1.50 | annually | 2018-06-28 |
2017-06-06 | NT$1.50 | annually | 2017-06-30 |
2016-06-24 | NT$0.50 | annually | |
2015-06-09 | NT$1.50 | annually | |
2014-07-14 | NT$1.50 | annually | |
2013-07-24 | NT$1.50 | annually |
King's Town Bank Dividend per year
King's Town Bank Dividend growth
King's Town Bank Dividend Yield
King's Town Bank current trailing twelve-month (TTM) dividend yield is 6.01%. Interested in purchasing King's Town Bank stock? Use our calculator to estimate your expected dividend yield:
King's Town Bank Financial Ratios
King's Town Bank Dividend FAQ
Other factors to consider when evaluating King's Town 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: King's Town 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, King's Town 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, King's Town 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 King's Town 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: King's Town 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, King's Town 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: King's Town 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 King's Town 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 King's Town 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.