Qatar International Islamic Bank (Q.P.S.C) provides banking, financial, and investment solutions. The company operates through three segments: Corporate Banking, Personal Banking, and Treasury & Investments. It offers current, saving, and term deposit accounts; debit, credit, domestic worker, salary, and cash deposit cards; financing solutions, such as car, house, home renovation, mortgage, travel, wedding, and medical expenses financing; mobile, Internet, and phone banking services; call center, ATM, and safe deposit locker facilities; and credit life and vehicle insurance products. The company also provides working capital, real estate, contracting, and project finance, as well as corporate finance and syndication services; and treasury and investment banking services, including equity participation, private equity, investment funds, Sukuk, and international finance and syndications. It operates through a network of 15 branches in Qatar. The company serves corporate and retail customers, government and semi government institutions, and small and medium-sized enterprises. It operates in Qatar, the Middle East, other Gulf Cooperation Council countries, Europe, North America, and internationally. The company was founded in 1991 and is headquartered in Doha, Qatar
Qatar International Islamic Bank Dividend Announcement
• Qatar International Islamic Bank announced a semi annually dividend of ر.ق0.23 per ordinary share which will be made payable on 2024-07-31. Ex dividend date: 2024-07-31
• Qatar International Islamic Bank annual dividend for 2024 was ر.ق0.68
• Qatar International Islamic Bank annual dividend for 2023 was ر.ق0.40
• Qatar International Islamic Bank's trailing twelve-month (TTM) dividend yield is 6.37%
• Qatar International Islamic Bank's payout ratio for the trailing twelve months (TTM) is 72.99%
• Qatar International Islamic Bank's dividend growth over the last five years (2018-2023) was -45.07% year
• Qatar International Islamic Bank's dividend growth over the last ten years (2013-2023) was -19.50% year
Qatar International Islamic Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-31 | ر.ق0.23 | semi annually | 2024-07-31 |
2024-04-01 | ر.ق0.45 | semi annually | 2024-04-01 |
2023-03-15 | ر.ق0.40 | semi annually | 2023-04-01 |
2022-03-08 | ر.ق0.38 | semi annually | 2022-05-01 |
2021-03-18 | ر.ق0.33 | semi annually | 2021-05-01 |
2020-03-10 | ر.ق0.42 | semi annually | 2020-05-01 |
2019-03-11 | ر.ق4.00 | semi annually | 2019-05-01 |
2018-03-27 | ر.ق4.00 | semi annually | 2018-05-01 |
2018-03-15 | ر.ق4.00 | semi annually | |
2017-04-04 | ر.ق4.00 | semi annually | 2017-05-01 |
2016-03-30 | ر.ق4.00 | semi annually | |
2016-03-15 | ر.ق40.00 | semi annually | |
2015-03-16 | ر.ق4.00 | semi annually | |
2014-03-12 | ر.ق3.75 | semi annually | |
2013-03-11 | ر.ق3.50 | semi annually |
Qatar International Islamic Bank Dividend per year
Qatar International Islamic Bank Dividend growth
Qatar International Islamic Bank Dividend Yield
Qatar International Islamic Bank current trailing twelve-month (TTM) dividend yield is 6.37%. Interested in purchasing Qatar International Islamic Bank stock? Use our calculator to estimate your expected dividend yield:
Qatar International Islamic Bank Financial Ratios
Qatar International Islamic Bank Dividend FAQ
Other factors to consider when evaluating Qatar International Islamic 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: Qatar International Islamic 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, Qatar International Islamic 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, Qatar International Islamic 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 Qatar International Islamic 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: Qatar International Islamic 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, Qatar International Islamic 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: Qatar International Islamic 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 Qatar International Islamic 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 Qatar International Islamic 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.