Minster Financial Corp. operates as a holding company for Minster Bank that provides various banking products and services for individuals, families, and businesses. It offers checking, savings, and money market products; certificates of deposits; and health savings and individual retirement accounts. The company also provides conventional fixed rate mortgages, adjustable rate mortgages, home construction and renovation loans, home equity and home improvement loans, home equity lines of credit, residential lot loans, government loans, and 1-4 family investment property loans; and commercial and agriculture real estate loans, equipment financing services, working capital lines of credit, construction loans, development loans, and SBA/USDA loans. In addition, it offers cash management, online and mobile banking, and bill pay services; merchant, payroll, and retirement plan solutions; debit and credit cards; and overdraft protection, direct deposit, and safe deposit services. Further, the company provides wealth planning, investment management, retirement plan, and trust services; and brokerage services for stocks, bonds, mutual funds, annuities, and brokered CDs, as well as insurance agency services. Minster Financial Corp. was founded in 1914 and is based in Minster, Ohio.
Minster Financial Dividend Announcement
• Minster Financial announced a semi annually dividend of $1.15 per ordinary share which will be made payable on 2024-08-16. Ex dividend date: 2024-08-14
• Minster Financial annual dividend for 2024 was $3.30
• Minster Financial annual dividend for 2023 was $3.20
• Minster Financial's dividend growth over the last five years (2018-2023) was 8.28% year
• Minster Financial's dividend growth over the last ten years (2013-2023) was 12.33% year
Minster Financial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-14 | $1.15 | semi annually | 2024-08-16 |
2024-02-13 | $2.15 | semi annually | 2024-02-16 |
2023-08-08 | $1.10 | semi annually | 2023-08-11 |
2023-02-07 | $2.10 | semi annually | 2023-02-11 |
2022-08-09 | $1.10 | semi annually | 2022-08-12 |
2022-02-08 | $1.10 | semi annually | 2022-02-11 |
2021-08-10 | $1.10 | semi annually | 2021-08-13 |
2021-02-09 | $1.10 | semi annually | 2021-02-12 |
2020-08-11 | $1.10 | semi annually | 2020-08-14 |
2020-02-11 | $2.10 | semi annually | 2020-02-15 |
2019-08-13 | $1.10 | semi annually | 2019-08-16 |
2019-02-12 | $4.10 | semi annually | 2019-02-16 |
2018-08-06 | $1.10 | semi annually | 2018-08-10 |
2018-02-09 | $1.05 | semi annually | 2018-02-14 |
2017-08-07 | $1.05 | semi annually | 2017-08-11 |
2017-02-06 | $1.05 | semi annually | 2017-02-10 |
2016-08-08 | $1.05 | semi annually | |
2016-02-08 | $1.05 | semi annually | |
2015-08-10 | $1.05 | semi annually | |
2015-02-09 | $1.00 | semi annually | |
2014-08-04 | $1.00 | semi annually | |
2014-02-03 | $1.00 | semi annually | |
2013-08-05 | $1.00 | semi annually |
Minster Financial Dividend per year
Minster Financial Dividend growth
Minster Financial Dividend Yield
Minster Financial current trailing twelve-month (TTM) dividend yield is 0%. Interested in purchasing Minster Financial stock? Use our calculator to estimate your expected dividend yield:
Minster Financial Financial Ratios
Minster Financial Dividend FAQ
Other factors to consider when evaluating Minster Financial 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: Minster Financial'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, Minster Financial 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, Minster Financial 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 Minster Financial 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: Minster Financial 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, Minster Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Minster Financial 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 Minster Financial'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 Minster Financial'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.