Mashreqbank PSC provides various banking and financial services to individuals and small businesses. The company's wholesale segment offers corporate and commercial banking services, such as trade finance, contracting finance, project finance, investment banking, cash management, correspondent banking, and Islamic products. Its Retail segment provides current accounts, savings accounts, fixed deposits, investment products, and Mashreq Millionaire deposits; personal, auto, mortgage, and business loans; credit and debit cards; and bank assurance, overdrafts, priority banking, SME, private banking, Islamic products, and wealth management services. The company's Treasury & Capital Markets segment is involved in the provision of transaction services for foreign exchange, derivatives, margin FX, futures, hedging, investment products, domestic equities, and asset management; and proprietary trading and investing activities. Its Insurance and Other segments offer life, health, motor, marine cargo and hull, aviation, fire and general accident, engineering, liability, and personal lines insurance services. It also provides insurance and reinsurance, brokerage, employment, trading, special purpose vehicle, payment, asset and fund management, finance, and IT services. It operates its branches in the United Arab Emirates, Bahrain, Kuwait, Egypt, Hong Kong, India, Qatar, Pakistan, the United Kingdom, and the United States. Mashreqbank PSC was incorporated in 1967 and is headquartered in Dubai, the United Arab Emirates.
Mashreqbank PSC Dividend Announcement
• Mashreqbank PSC announced a annually dividend of د.إ18.50 per ordinary share which will be made payable on 2024-05-01. Ex dividend date: 2024-03-15
• Mashreqbank PSC annual dividend for 2024 was د.إ18.50
• Mashreqbank PSC annual dividend for 2023 was د.إ9.00
• Mashreqbank PSC's trailing twelve-month (TTM) dividend yield is 7.81%
• Mashreqbank PSC's payout ratio for the trailing twelve months (TTM) is 41.25%
Mashreqbank PSC Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-03-15 | د.إ18.50 | annually | 2024-05-01 |
| 2023-03-03 | د.إ9.00 | annually | 2023-05-01 |
| 2022-04-29 | د.إ1.00 | annually | 2022-05-19 |
| 2020-03-18 | د.إ4.00 | annually | 2020-03-24 |
| 2019-03-07 | د.إ4.00 | annually | 2019-03-21 |
| 2018-03-08 | د.إ4.00 | annually | |
| 2017-03-15 | د.إ4.00 | annually | 2017-03-27 |
| 2016-03-08 | د.إ4.00 | annually | |
| 2015-03-03 | د.إ4.20 | annually | |
| 2014-03-13 | د.إ4.00 | annually | |
| 2013-03-07 | د.إ3.80 | annually | |
| 2012-03-08 | د.إ2.00 | annually |
Mashreqbank PSC Dividend per year
Mashreqbank PSC Dividend growth
Mashreqbank PSC Dividend Yield
Mashreqbank PSC current trailing twelve-month (TTM) dividend yield is 7.81%. Interested in purchasing Mashreqbank PSC stock? Use our calculator to estimate your expected dividend yield:
Mashreqbank PSC Financial Ratios
P/E ratio5.24
PEG ratio0.33
P/B ratio1.62
ROE32.47%
Payout ratio41.25%
Current ratio0.35
Quick ratio0.35
Cash Ratio0.75
Mashreqbank PSC Dividend FAQ
How much is the next Mashreqbank PSC dividend?
Mashreqbank PSC's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Mashreqbank PSC dividend. The next Mashreqbank PSC dividend will be released in March.
When is Mashreqbank PSC dividend paid?
Mashreqbank PSC pays dividends on a annually basis. The specific dates may vary each year but are generally around March. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Mashreqbank PSC pay?
The specific amount of Mashreqbank PSC dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Mashreqbank PSC's dividend history.
Does Mashreqbank PSC stock pay dividends?
Yes, Mashreqbank PSC does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Mashreqbank PSC's dividend history.
How much dividend does Mashreqbank PSC pay?
Mashreqbank PSC paid د.إ18.5 in 2024, د.إ9.0 in 2023, د.إ1.0 in 2022, د.إ0.0 in 2021, and د.إ4.0 in 2020.
How often does Mashreqbank PSC pay dividends?
Mashreqbank PSC typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around March.
What is Mashreqbank PSC's dividend yield?
The current dividend yield for Mashreqbank PSC is 7.81%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Mashreqbank PSC's exact dividend yield.
When does Mashreqbank PSC go ex dividend?
Mashreqbank PSC's ex-dividend date for the latest dividend was on 2024-03-15. Mashreqbank PSC typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Mashreqbank PSC dividend paid?
Mashreqbank PSC pays dividends on a annually basis, typically around March, but the exact dates can vary each year.
Will Mashreqbank PSC increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Mashreqbank PSC will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Mashreqbank PSC dividend per share?
Mashreqbank PSC paid د.إ18.5 per share in 2024 and د.إ9.0 per share in 2023. The amount of dividend per share that Mashreqbank PSC pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Mashreqbank PSC a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Mashreqbank PSC a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Mashreqbank PSC a dividend stock?
Yes, Mashreqbank PSC is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Mashreqbank PSC a good dividend stock?
Whether Mashreqbank PSC is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Mashreqbank PSC has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Mashreqbank PSC 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.
Other factors to consider when evaluating Mashreqbank PSC 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.
Does Mashreqbank PSC pay dividends monthly?
Mashreqbank PSC typically pays dividends on a annually basis.
Does Mashreqbank PSC pay dividends quarterly?
Mashreqbank PSC currently pays dividends on a annually basis.
Has Mashreqbank PSC ever paid a dividend?
Yes, Mashreqbank PSC has a history of paying dividends to its shareholders. Mashreqbank PSC is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Mashreqbank PSC dividend stocks?
To buy Mashreqbank PSC you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Mashreqbank PSC stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Mashreqbank PSC stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Mashreqbank PSC pay dividends 2024?
Mashreqbank PSC pays dividends on a annually basis. 2024 dividend payments are in 2024-05-01. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Mashreqbank PSC increase its dividend in 2024?
Decisions regarding Mashreqbank PSC dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Mashreqbank PSC dividend overview you can look into the above table of dividend history.
How Mashreqbank PSC dividend works?
The Mashreqbank PSC dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Mashreqbank PSC's dividend process works:
1. Determination of Dividend: Mashreqbank PSC'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, Mashreqbank PSC 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, Mashreqbank PSC 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 Mashreqbank PSC 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. Determination of Dividend: Mashreqbank PSC'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, Mashreqbank PSC 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, Mashreqbank PSC 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 Mashreqbank PSC 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.
How are Mashreqbank PSC dividends paid?
Mashreqbank PSC dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Mashreqbank PSC 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, Mashreqbank PSC distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mashreqbank PSC 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.
1. Record Date: Mashreqbank PSC 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, Mashreqbank PSC distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mashreqbank PSC 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.
How many times does Mashreqbank PSC pay dividends?
Mashreqbank PSC typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Mashreqbank PSC pay dividends?
The general pattern is that Mashreqbank PSC pays dividends around March. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Mashreqbank PSC dividend safe?
The safety of Mashreqbank PSC's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Mashreqbank PSC'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 Mashreqbank PSC'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.
To assess the safety of Mashreqbank PSC'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 Mashreqbank PSC'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.