Qatar National Bank (Q.P.S.C.), together with its subsidiaries, provides commercial and Islamic banking products and services. The company operates through four segments: Corporate Banking, Consumer Banking, Asset and Wealth Management, and International Banking. It offers personal banking products and services, such as current, savings, fixed deposit, and call-notice deposit accounts; credit, debit, and pre-paid cards; personal, top-up, vehicle, vehicle lease, and mortgage loans; insurance products, including life, salary continuation, critical illness, motor, mortgage, and travel insurance; asset management services; and mobile, Internet, ATM, SMS, and USSD banking services. The company also provides business banking products and services, including current, call, fixed deposit, and non-resident accounts; working capital, project, and vehicle loans; structured and project finance; transaction banking services; and credit cards. In addition, it offers financial institutions, treasury, investment banking, and advisory services; and brokerage and custody services. The company serves individuals and corporates, as well as high net worth customers. It operates a network of 1,045 branches and 4,391 ATMs in Africa, Asia, Europe, the Middle East, and GCC countries. The company was formerly known as Qatar National Bank S.A.Q. and changed its name to Qatar National Bank (Q.P.S.C.) in January 2016. Qatar National Bank (Q.P.S.C.) was founded in 1964 and is headquartered in Doha, Qatar.
Qatar National Bank Dividend Announcement
• Qatar National Bank announced a semi annually dividend of ر.ق0.33 per ordinary share which will be made payable on 2024-08-01. Ex dividend date: 2024-07-18
• Qatar National Bank annual dividend for 2024 was ر.ق0.98
• Qatar National Bank annual dividend for 2023 was ر.ق0.60
• Qatar National Bank's trailing twelve-month (TTM) dividend yield is 5.66%
• Qatar National Bank's payout ratio for the trailing twelve months (TTM) is 55.40%
• Qatar National Bank's dividend growth over the last five years (2018-2023) was -36.90% year
• Qatar National Bank's dividend growth over the last ten years (2013-2023) was -20.57% year
Qatar National Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-18 | ر.ق0.33 | semi annually | 2024-08-01 |
2024-02-12 | ر.ق0.65 | semi annually | |
2023-02-15 | ر.ق0.60 | semi annually | 2023-04-01 |
2022-02-14 | ر.ق0.55 | semi annually | 2022-04-01 |
2021-02-01 | ر.ق0.45 | semi annually | 2021-04-01 |
2020-02-10 | ر.ق0.60 | semi annually | 2020-04-01 |
2019-02-11 | ر.ق6.00 | semi annually | 2019-03-01 |
2018-02-12 | ر.ق6.00 | semi annually | 2018-03-01 |
2017-02-07 | ر.ق3.50 | semi annually | 2017-03-01 |
2017-02-06 | ر.ق38.50 | semi annually | |
2016-02-02 | ر.ق4.20 | semi annually | |
2015-02-02 | ر.ق7.50 | semi annually | |
2014-02-03 | ر.ق7.00 | semi annually | |
2013-01-31 | ر.ق6.00 | semi annually |
Qatar National Bank Dividend per year
Qatar National Bank Dividend growth
Qatar National Bank Dividend Yield
Qatar National Bank current trailing twelve-month (TTM) dividend yield is 5.66%. Interested in purchasing Qatar National Bank stock? Use our calculator to estimate your expected dividend yield:
Qatar National Bank Financial Ratios
Qatar National Bank Dividend FAQ
Other factors to consider when evaluating Qatar National 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 National 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 National 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 National 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 National 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 National 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 National 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 National 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 National 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 National 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.