Sekerbank T.A.S. provides enterprise, agricultural, commercial/SME, corporate, and retail banking services in Turkey. It accepts various bank deposits, as well as foreign currency deposits. The company also offers consumer loans, such as mortgage, vehicle, general purpose, and other loans; export and import loans; business loans; corporation loans; loans given to financial sector; mortgage and retail loans; and individual/commercial credit and ATM cards, as well as mobile and online banking services. In addition, it provides insurance products, including accident, fire, personal accident, TCIP, agricultural, engineering, liability, private pension, and savings life products; transaction brokerage, portfolio brokerage, private portfolio management, investment consulting, and brokerage and underwriting of public offerings, as well as limited and general custody services; factoring services; and financial leasing services. Further, the company manages a portfolio of real estates, real estate projects, rights based on real estate, capital market instruments, and other assets and rights. As of December 31, 2021, it had 238 domestic branches. The company was formerly known as Pancar Kooperatifleri Bankasi A.S. and changed its name to Sekerbank T.A.S. in 1956. Sekerbank T.A.S. was founded in 1953 and is headquartered in Istanbul, Turkey.
Sekerbank Dividend Announcement
• Sekerbank announced a annually dividend of ₺0.06 per ordinary share which will be made payable on 2024-05-15. Ex dividend date: 2024-05-13
• Sekerbank annual dividend for 2024 was ₺0.06
• Sekerbank annual dividend for 2023 was ₺0.06
• Sekerbank's trailing twelve-month (TTM) dividend yield is 1.01%
• Sekerbank's payout ratio for the trailing twelve months (TTM) is 4.21%
Sekerbank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-13 | ₺0.06 | annually | 2024-05-15 |
2023-04-10 | ₺0.06 | annually | 2023-04-12 |
2011-05-31 | ₺0.01 | annually | |
2010-04-30 | ₺0.02 | annually | |
2008-05-22 | ₺0.04 | annually |
Sekerbank Dividend per year
Sekerbank Dividend growth
Sekerbank Dividend Yield
Sekerbank current trailing twelve-month (TTM) dividend yield is 1.01%. Interested in purchasing Sekerbank stock? Use our calculator to estimate your expected dividend yield:
Sekerbank Financial Ratios
Sekerbank Dividend FAQ
Other factors to consider when evaluating Sekerbank 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: Sekerbank'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, Sekerbank 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, Sekerbank 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 Sekerbank 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: Sekerbank 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, Sekerbank distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sekerbank 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 Sekerbank'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 Sekerbank'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.