Oversea-Chinese Banking Corporation Limited provides financial services in Singapore, Malaysia, Indonesia, Greater China, rest of the Asia Pacific, and internationally. The company's Global Consumer/Private Banking segment provides products and services to individual customers, including checking accounts, and savings and fixed deposits; housing and other personal loans; credit cards; wealth management products consisting of unit trusts, banc assurance products, and structured deposits; and brokerage services. This segment also offers investment advice and portfolio management, estate and trust planning, and wealth structuring services for high-net-worth individuals. Its Global Wholesale Banking segment provides project financing, short-term credit, working capital, and trade financing; customized and structured equity-linked financing products; cash management and custodian services; capital market solutions; corporate finance and advisory banking services; and treasury products. This segment serves corporates, public sector, and small and medium enterprises. The company's Global Treasury and Markets segment is involved in the foreign exchange activities, money market operations, and fixed income and derivatives trading, as well as provision of structured treasury products and financial solutions. Its Insurance segment provides fund management services, and life and general insurance products. The company's Others segment is involved in property and investment holding activities. The company operates approximately 430 branches and representative offices in 19 countries and regions. Oversea-Chinese Banking Corporation Limited was founded in 1912 and is headquartered in Singapore.
Oversea-Chinese Banking Dividend Announcement
• Oversea-Chinese Banking announced a semi annually dividend of $0.66 per ordinary share which will be made payable on 2024-09-09. Ex dividend date: 2024-08-13
• Oversea-Chinese Banking annual dividend for 2024 was $1.29
• Oversea-Chinese Banking annual dividend for 2023 was $1.19
• Oversea-Chinese Banking's trailing twelve-month (TTM) dividend yield is 3.9%
• Oversea-Chinese Banking's payout ratio for the trailing twelve months (TTM) is 59.52%
• Oversea-Chinese Banking's dividend growth over the last five years (2018-2023) was 15.77% year
• Oversea-Chinese Banking's dividend growth over the last ten years (2013-2023) was 9.33% year
Oversea-Chinese Banking Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-13 | $0.66 | semi annually | 2024-09-09 |
2024-05-08 | $0.62 | semi annually | 2024-06-05 |
2023-08-15 | $0.60 | semi annually | 2023-09-11 |
2023-05-05 | $0.59 | semi annually | 2023-06-05 |
2022-08-12 | $0.41 | semi annually | 2022-09-09 |
2022-05-05 | $0.42 | semi annually | 2022-06-06 |
2021-08-13 | $0.37 | semi annually | 2021-09-10 |
2021-05-12 | $0.21 | semi annually | 2021-07-14 |
2020-08-20 | $0.23 | semi annually | 2020-10-22 |
2020-05-21 | $0.40 | semi annually | 2020-06-22 |
2019-08-14 | $0.36 | semi annually | 2019-10-18 |
2019-05-02 | $0.34 | semi annually | 2019-07-09 |
2018-08-15 | $0.29 | semi annually | 2018-10-23 |
2018-05-18 | $0.28 | semi annually | 2018-06-19 |
2017-08-03 | $0.26 | semi annually | 2017-09-05 |
2017-05-19 | $0.26 | semi annually | 2017-06-20 |
2016-08-04 | $0.27 | semi annually | 2016-09-02 |
2016-04-25 | $0.27 | semi annually | 2016-06-29 |
2015-08-12 | $0.25 | semi annually | 2015-10-14 |
2015-04-30 | $0.27 | semi annually | 2015-07-09 |
2014-10-01 | $0.39 | semi annually | |
2014-08-22 | $0.28 | semi annually | 2014-10-31 |
2014-04-25 | $0.25 | semi annually | 2014-07-07 |
2013-08-09 | $0.24 | semi annually | 2013-09-12 |
2013-04-29 | $0.25 | semi annually | 2013-06-03 |
Oversea-Chinese Banking Dividend per year
Oversea-Chinese Banking Dividend growth
Oversea-Chinese Banking Dividend Yield
Oversea-Chinese Banking current trailing twelve-month (TTM) dividend yield is 3.9%. Interested in purchasing Oversea-Chinese Banking stock? Use our calculator to estimate your expected dividend yield:
Oversea-Chinese Banking Financial Ratios
Oversea-Chinese Banking Dividend FAQ
Other factors to consider when evaluating Oversea-Chinese Banking 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.
Place an order: Use the brokerage's trading platform to place an order to buy Oversea-Chinese Banking 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.
1. Determination of Dividend: Oversea-Chinese Banking'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, Oversea-Chinese Banking 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, Oversea-Chinese Banking 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 Oversea-Chinese Banking 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: Oversea-Chinese Banking 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, Oversea-Chinese Banking distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Oversea-Chinese Banking 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 Oversea-Chinese Banking'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 Oversea-Chinese Banking'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.