Table of Contents

company-logo

OTP Bank Nyrt., together with its subsidiaries, provides commercial banking services to retail clients, corporations and agricultural enterprises, and private and institutional investors in Hungary and internationally. It offers current, foreign currency, securities, long term investment, and retirement savings accounts; bank and business cards; agricultural, mortgage, and housing loans, as well as overdraft facilities; and invests in government and fixed income bonds, mutual funds, mortgages, shares, and certificates, stock exchange transaction orders, investment fund shares, and government securities. The company also provides cash management services, such as domestic and international transfers, batch payments, liquidity and savings management, and financing; real estate development, leasing, and management services; wealth planning, commercial factoring, refinancing, finance lease, housing savings, fund management, and e-services; and Internet, mobile phone, SMS, telephone, and private banking services. As of December 31, 2021, it operated through a network of 1,455 branches and 4,697 ATMs. The company was incorporated in 1949 and is based in Budapest, Hungary.

OTP Bank Dividend Announcement

• OTP Bank announced a annually dividend of Ft539.46 per ordinary share which will be made payable on 2024-06-03. Ex dividend date: 2024-05-24
• OTP Bank annual dividend for 2024 was Ft539.46
• OTP Bank annual dividend for 2023 was Ft300.16
• OTP Bank's trailing twelve-month (TTM) dividend yield is 2.9%
• OTP Bank's payout ratio for the trailing twelve months (TTM) is 8.73%

OTP Bank Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-24Ft539.46annually2024-06-03
2023-05-25Ft300.16annually
2022-05-20Ft430.41annually
2019-05-24Ft220.68annually
2018-05-25Ft221.35annually
2017-05-26Ft192.49annually
2016-05-27Ft167.29annually
2015-06-05Ft147.00annually
2014-05-29Ft146.94annually
2013-05-30Ft121.71annually
2012-05-31Ft101.72annually
2011-06-02Ft73.09annually

OTP Bank Dividend per year

OTP Bank Dividend growth

OTP Bank Dividend Yield

OTP Bank current trailing twelve-month (TTM) dividend yield is 2.9%. Interested in purchasing OTP Bank stock? Use our calculator to estimate your expected dividend yield:

OTP Bank Financial Ratios

P/E ratio5.37
PEG ratio0.27
P/B ratio1.09
ROE21.54%
Payout ratio8.73%
Current ratio6.59
Quick ratio6.59
Cash Ratio5.32

OTP Bank Dividend FAQ

Does OTP Bank stock pay dividends?
OTP Bank does not currently pay dividends to its shareholders.
Has OTP Bank ever paid a dividend?
No, OTP Bank has no a history of paying dividends to its shareholders. OTP Bank is not known for its dividend payments.
Why doesn't OTP Bank pay dividends?
There are several potential reasons why OTP Bank would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will OTP Bank ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While OTP Bank has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is OTP Bank a dividend aristocrat?
OTP Bank is not considered a Dividend Aristocrat. 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 OTP Bank a dividend king?
OTP Bank is not classified as a "Dividend King". 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 OTP Bank a dividend stock?
No, OTP Bank is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy OTP Bank stocks?
To buy OTP Bank 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy OTP Bank 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.