Postal Savings Bank of China Co., Ltd., together with its subsidiaries, provides various banking products and services for retail and corporate customers in the People's Republic of China. Its Personal Banking segment offers savings products, such as demand, time, personal call, time/demand optional, and foreign currency deposits; passbooks; certificate of deposits; micro, personal pledged, and personal business loans; debit and credit cards; wealth management products and funds; and insurance agency services. This segment is also involved in distribution of fund products, electronic bonds, and precious metals; and provides payment and collection agency, various settlement, domestic remittance and exchange, cross-border remittance, personal exchange settlement and sale, and foreign currency exchange services. The company's Corporate Banking segment provides time, demand, call, and negotiated deposits; working capital, fixed asset, trade finance, stock pledge, land reserve, syndicated, real estate development, property mortgage, and consignment loans; cash management services; negotiable instruments; trade finance and international settlement services; and financial markets services. Its Treasury segment offers interbank lending transactions, repurchase and resale transactions, debt instrument investments, equity instrument investment, investment banking, bond securities, and wealth management products, etc., as well as trades in financial products comprising money market, fixed income, and foreign exchange products, as well as derivatives and precious metals. The company also provides online, mobile, and self-service banking services. As of December 31, 2021, it had 39,603 outlets, including 7,828 directly operated outlets and 31,775 agency outlets. The company was founded in 2007 and is headquartered in Beijing, the People's Republic of China. Postal Savings Bank of China Co., Ltd. is a subsidiary of China Post Group Corporation.
Postalvings Bank of China Dividend Announcement
• Postalvings Bank of China announced a semi annually dividend of $0.31 per ordinary share which will be made payable on 2025-02-07. Ex dividend date: 2024-12-30
• Postalvings Bank of China annual dividend for 2024 was $1.04
• Postalvings Bank of China annual dividend for 2023 was $0.71
• Postalvings Bank of China's trailing twelve-month (TTM) dividend yield is 0.88%
• Postalvings Bank of China's payout ratio for the trailing twelve months (TTM) is 93.50%
• Postalvings Bank of China's dividend growth over the last five years (2018-2023) was 9.88% year
Postalvings Bank of China Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-30 | $0.31 | semi annually | 2025-02-07 |
2024-07-03 | $0.73 | semi annually | 2024-08-22 |
2023-07-03 | $0.71 | semi annually | 2023-08-24 |
2022-06-30 | $0.74 | semi annually | 2022-08-24 |
2021-07-13 | $0.64 | semi annually | 2021-08-20 |
2020-06-12 | $0.59 | semi annually | 2020-07-30 |
2019-06-03 | $0.56 | semi annually | 2019-07-31 |
2018-07-02 | $0.45 | semi annually | 2018-09-08 |
Postalvings Bank of China Dividend per year
Postalvings Bank of China Dividend growth
Postalvings Bank of China Dividend Yield
Postalvings Bank of China current trailing twelve-month (TTM) dividend yield is 0.88%. Interested in purchasing Postalvings Bank of China stock? Use our calculator to estimate your expected dividend yield:
Postalvings Bank of China Financial Ratios
Postalvings Bank of China Dividend FAQ
Other factors to consider when evaluating Postalvings Bank of China 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: Postalvings Bank of China'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, Postalvings Bank of China 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, Postalvings Bank of China 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 Postalvings Bank of China 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: Postalvings Bank of China 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, Postalvings Bank of China distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Postalvings Bank of China 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 Postalvings Bank of China'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 Postalvings Bank of China'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.