QILU BANK CO., LTD. provides personal and corporate banking services in the People's Republic of China. The company offers personal savings products, including deposits and withdrawals; personal demand, savings, and education savings deposits; personal, housing mortgage, consumer credit, home and home improvement, parking, salary, and other loans; wealth management services; credit cards; and insurance products. It also provides corporate deposits; and corporate financing; supply chain financing; cash management; and investment banking products and services. In addition, the company offers international banking products and services, such as foreign exchange funds, accounts, deposits, and guarantees; trade financing; remittance route; international settlement services; commercial acceptance bills bonding/guarantee services; and Internet banking services. Further, it is involved in bills discounting and execution, interbank lending and investment, bond investment and spot bond trading, and foreign exchange and derivatives trading activities. The company was formerly known as Jinan City Commercial Bank Co., Ltd and changed its name to QILU BANK CO., LTD. on June 6, 2009. QILU BANK CO., LTD. was founded in 1996 and is based in Jinan, the People's Republic of China.
QILU BANK Dividend Announcement
• QILU BANK announced a annually dividend of ¥0.22 per ordinary share which will be made payable on 2024-07-05. Ex dividend date: 2024-07-05
• QILU BANK annual dividend for 2024 was ¥0.22
• QILU BANK annual dividend for 2023 was ¥0.19
• QILU BANK's trailing twelve-month (TTM) dividend yield is 4.16%
• QILU BANK's payout ratio for the trailing twelve months (TTM) is 44.00%
QILU BANK Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-05 | ¥0.22 | annually | 2024-07-05 |
2023-07-10 | ¥0.19 | annually | 2023-07-10 |
2022-07-06 | ¥0.18 | annually | 2022-07-06 |
2021-08-20 | ¥0.18 | annually | 2021-08-20 |
QILU BANK Dividend per year
QILU BANK Dividend growth
QILU BANK Dividend Yield
QILU BANK current trailing twelve-month (TTM) dividend yield is 4.16%. Interested in purchasing QILU BANK stock? Use our calculator to estimate your expected dividend yield:
QILU BANK Financial Ratios
QILU BANK Dividend FAQ
Other factors to consider when evaluating QILU 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: QILU 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, QILU 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, QILU 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 QILU 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: QILU 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, QILU 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: QILU 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 QILU 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 QILU 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.