Ping An Bank Co., Ltd. provides commercial banking products and services to individuals, corporate, interbank, and small enterprises in the People's Republic of China. The company accepts deposits; issues short-, medium-, and long-term loans; and handles domestic and foreign settlements, and bill acceptance and discounting. It also engages in the issuance of financial bonds; issuance, sale, purchase, agency redemption, and underwriting of government bonds and financial bonds; interbank lending; sale, purchase, and agency trading of foreign exchange; bank card business; and provision of letter of credit services and guarantees, and safe deposit box services. In addition, the company is involved in the agency collection and payment services; agency insurance business; foreign exchange settlement and sales services; offshore banking business; asset custody business; gold business; financial consulting, credit investigation, consulting, and witnessing business; trade financing; corporate and interbank financial management; and interbank businesses. As of June 2020, it operated through a network of 92 branches and 1,078 business institutions. The company was founded in 1987 and is headquartered in Shenzhen, the People's Republic of China.
Ping An Bank Dividend Announcement
• Ping An Bank announced a semi annually dividend of ¥0.25 per ordinary share which will be made payable on 2024-10-10. Ex dividend date: 2024-10-10
• Ping An Bank annual dividend for 2024 was ¥0.96
• Ping An Bank annual dividend for 2023 was ¥0.28
• Ping An Bank's trailing twelve-month (TTM) dividend yield is 8.27%
• Ping An Bank's payout ratio for the trailing twelve months (TTM) is 36.09%
• Ping An Bank's dividend growth over the last five years (2018-2023) was 15.95% year
• Ping An Bank's dividend growth over the last ten years (2013-2023) was 5.30% year
Ping An Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-10 | ¥0.25 | semi annually | 2024-10-10 |
2024-06-14 | ¥0.72 | semi annually | 2024-06-14 |
2023-06-14 | ¥0.28 | semi annually | 2023-06-14 |
2022-07-22 | ¥0.23 | semi annually | 2022-07-22 |
2021-05-14 | ¥0.18 | semi annually | 2021-05-14 |
2020-05-28 | ¥0.22 | semi annually | 2020-05-28 |
2019-06-26 | ¥0.14 | semi annually | 2019-06-26 |
2018-07-12 | ¥0.14 | semi annually | 2018-07-12 |
2017-07-21 | ¥0.16 | semi annually | 2017-07-21 |
2016-06-16 | ¥0.13 | semi annually | |
2015-04-13 | ¥0.17 | semi annually | |
2014-06-12 | ¥0.16 | semi annually | |
2013-06-20 | ¥0.17 | semi annually |
Ping An Bank Dividend per year
Ping An Bank Dividend growth
Ping An Bank Dividend Yield
Ping An Bank current trailing twelve-month (TTM) dividend yield is 8.27%. Interested in purchasing Ping An Bank stock? Use our calculator to estimate your expected dividend yield:
Ping An Bank Financial Ratios
Ping An Bank Dividend FAQ
Other factors to consider when evaluating Ping An 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: Ping An 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, Ping An 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, Ping An 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 Ping An 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: Ping An 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, Ping An 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: Ping An 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 Ping An 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 Ping An 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.