QNB Corp. operates as the bank holding company for QNB Bank that provides commercial and retail banking products and services. It offers various deposit products, which include demand and savings accounts, such as money market, interest-bearing demand, club, traditional statement savings, and online savings accounts; and time deposits comprising certificates of deposit and individual retirement accounts. The company also provides commercial and industrial loans, commercial and residential real estate loans, construction and land development loans, indirect lease financing, 1-4 family residential mortgage loans, home equity loans and lines of credit, and consumer loans. In addition, it offers retail brokerage and advisory services; credit cards and insurance products; merchant services; ATM and debit card services; and internet and mobile-banking, electronic bill pay, and remote deposit capture services. As of December 31, 2021, the company twelve full-service community banking offices in Bucks, Montgomery, and Lehigh counties in southeastern Pennsylvania. QNB Corp. was founded in 1877 and is based in Quakertown, Pennsylvania.
QNB Dividend Announcement
• QNB announced a quarterly dividend of $0.37 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-13
• QNB annual dividend for 2024 was $1.11
• QNB annual dividend for 2023 was $1.48
• QNB's trailing twelve-month (TTM) dividend yield is 5.78%
• QNB's payout ratio for the trailing twelve months (TTM) is 50.83%
• QNB's dividend growth over the last five years (2018-2023) was 2.95% year
• QNB's dividend growth over the last ten years (2013-2023) was 3.20% year
QNB Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | $0.37 | quarterly | 2024-09-27 |
2024-06-14 | $0.37 | quarterly | 2024-06-28 |
2024-03-14 | $0.37 | quarterly | 2024-03-28 |
2023-12-14 | $0.37 | quarterly | 2023-12-29 |
2023-09-14 | $0.37 | quarterly | 2023-09-29 |
2023-06-15 | $0.37 | quarterly | 2023-06-30 |
2023-03-16 | $0.37 | quarterly | 2023-03-31 |
2022-12-15 | $0.36 | quarterly | 2022-12-30 |
2022-09-15 | $0.36 | quarterly | 2022-09-30 |
2022-06-09 | $0.36 | quarterly | 2022-06-24 |
2022-03-10 | $0.36 | quarterly | 2022-03-25 |
2021-12-16 | $0.35 | quarterly | 2021-12-31 |
2021-09-09 | $0.35 | quarterly | 2021-09-24 |
2021-06-10 | $0.35 | quarterly | 2021-06-25 |
2021-03-11 | $0.35 | quarterly | 2021-03-26 |
2020-12-09 | $0.34 | quarterly | 2020-12-24 |
2020-09-10 | $0.34 | quarterly | 2020-09-25 |
2020-06-11 | $0.34 | quarterly | 2020-06-26 |
2020-03-12 | $0.34 | quarterly | 2020-03-27 |
2019-12-12 | $0.33 | quarterly | 2019-12-27 |
2019-09-12 | $0.33 | quarterly | 2019-09-27 |
2019-06-13 | $0.33 | quarterly | 2019-06-28 |
2019-03-14 | $0.33 | quarterly | 2019-03-29 |
2018-12-13 | $0.32 | quarterly | 2018-12-28 |
2018-09-13 | $0.32 | quarterly | 2018-09-28 |
2018-06-14 | $0.32 | quarterly | 2018-06-29 |
2018-03-15 | $0.32 | quarterly | 2018-03-30 |
2017-12-14 | $0.31 | quarterly | 2017-12-29 |
2017-09-14 | $0.31 | quarterly | 2017-09-29 |
2017-06-14 | $0.31 | quarterly | 2017-06-30 |
2017-03-15 | $0.31 | quarterly | 2017-03-31 |
2016-12-14 | $0.30 | quarterly | 2016-12-30 |
2016-09-14 | $0.30 | quarterly | 2016-09-30 |
2016-06-08 | $0.30 | quarterly | 2016-06-24 |
2016-03-09 | $0.30 | quarterly | 2016-03-25 |
2015-12-09 | $0.29 | quarterly | 2015-12-24 |
2015-09-09 | $0.29 | quarterly | 2015-09-25 |
2015-06-10 | $0.29 | quarterly | 2015-06-26 |
2015-03-11 | $0.29 | quarterly | 2015-03-27 |
2014-12-10 | $0.28 | quarterly | 2014-12-26 |
2014-09-10 | $0.28 | quarterly | 2014-09-26 |
2014-06-11 | $0.28 | quarterly | 2014-06-27 |
2014-03-12 | $0.28 | quarterly | 2014-03-28 |
2013-12-11 | $0.27 | quarterly | 2013-12-27 |
2013-09-11 | $0.27 | quarterly | 2013-09-27 |
2013-06-12 | $0.27 | quarterly | 2013-06-28 |
2013-03-13 | $0.27 | quarterly | 2013-03-29 |
QNB Dividend per year
QNB Dividend growth
QNB Dividend Yield
QNB current trailing twelve-month (TTM) dividend yield is 5.78%. Interested in purchasing QNB stock? Use our calculator to estimate your expected dividend yield:
QNB Financial Ratios
QNB Dividend FAQ
Other factors to consider when evaluating QNB 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: QNB'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, QNB 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, QNB 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 QNB 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: QNB 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, QNB distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: QNB 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 QNB'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 QNB'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.