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Piraeus Financial Holdings S.A. provides banking products and services in Greece and internationally. It operates through Retail Banking, Corporate Banking, Piraeus Financial Markets, and Other segments. The company offers time, structured, deposit, saving, current, and business accounts; mortgage, consumer, personal, home improvement, farming, restructuring, and working capital loans; overdrafts; credit, debit, contract farming, and prepaid cards; mutual funds, treasury bonds, equities, dual currency deposits, treasury interest-bearing notes, asset management solutions, and gold sovereigns and gold bars; and car, home, civil liability, health, endowment, accident/life, lifestyle, agricultural, photovoltaic park, trade credit, business premises, and corporate insurances. It also provides financial planning, payment/remittance, bills of exchange collection, cash management, import-export settlement, payroll, foreign exchange, risk management, letters of guarantee, factoring, leasing, and Web banking services. The company offers infrastructure advisory, project and real estate finance, remote banking service, group life and health and electronic and cyber risks insurance programs, debt collection, and contract farming. It operates 414 branches in Greece and another 16 branches in 2 countries. Piraeus Financial Holdings S.A. was formerly known as Piraeus Bank S.A. The company was founded in 1916 and is based in Athens, Greece.

Piraeus Financial Dividend Announcement

• Piraeus Financial announced a annually dividend of $0.07 per ordinary share which will be made payable on 2024-07-31. Ex dividend date: 2024-07-11
• Piraeus Financial annual dividend for 2024 was $0.07
• Piraeus Financial's trailing twelve-month (TTM) dividend yield is 2.0%

Piraeus Financial Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-11$0.07annually2024-07-31
2022-11-18$0.01annually2022-11-28

Piraeus Financial Dividend per year

Piraeus Financial Dividend Yield

Piraeus Financial current trailing twelve-month (TTM) dividend yield is 2.0%. Interested in purchasing Piraeus Financial stock? Use our calculator to estimate your expected dividend yield:

Piraeus Financial Financial Ratios

P/E ratio4.02
PEG ratio-0.08
P/B ratio0.59
ROE15.06%
Payout ratio0.00%
Current ratio0.20
Quick ratio0.20
Cash Ratio0.21

Piraeus Financial Dividend FAQ

Does Piraeus Financial stock pay dividends?
Piraeus Financial does not currently pay dividends to its shareholders.
Has Piraeus Financial ever paid a dividend?
No, Piraeus Financial has no a history of paying dividends to its shareholders. Piraeus Financial is not known for its dividend payments.
Why doesn't Piraeus Financial pay dividends?
There are several potential reasons why Piraeus Financial 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 Piraeus Financial 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 Piraeus Financial 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 Piraeus Financial a dividend aristocrat?
Piraeus Financial 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 Piraeus Financial a dividend king?
Piraeus Financial 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 Piraeus Financial a dividend stock?
No, Piraeus Financial 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 Piraeus Financial stocks?
To buy Piraeus Financial 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 Piraeus Financial 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.