The Shanghai Commercial & Savings Bank, Ltd. provides various commercial banking services in Taiwan and internationally. The company provides time, savings, demand, checking, and negotiable certificate of deposit, as well as remittances; and corporate, residential mortgage, small credit, and other consumer loans. It also offers credit card, ATMs, internet banking, mobile banking, and customer services. In addition, the company provides travel, insurance agency, leasing, real estate, and securities investment, as well as micro finance services. Further, the company is involved in building material distribution; purchase and management of creditor's rights of financial institutions; and investment in bills and bonds. It operates 72 domestic branches and 4 foreign branches in Hong Kong, Vietnam, and Singapore, as well as 4 representative offices in Thailand, Cambodia, and Indonesia. The Shanghai Commercial & Savings Bank, Ltd. was founded in 1915 and is headquartered in Taipei, Taiwan.
Shanghai Commercial &vings Bank Dividend Announcement
• Shanghai Commercial &vings Bank announced a annually dividend of NT$1.80 per ordinary share which will be made payable on 2024-08-02. Ex dividend date: 2024-07-17
• Shanghai Commercial &vings Bank annual dividend for 2024 was NT$1.80
• Shanghai Commercial &vings Bank annual dividend for 2023 was NT$1.80
• Shanghai Commercial &vings Bank's trailing twelve-month (TTM) dividend yield is 4.57%
• Shanghai Commercial &vings Bank's payout ratio for the trailing twelve months (TTM) is 81.75%
• Shanghai Commercial &vings Bank's dividend growth over the last five years (2018-2023) was 0.43% year
Shanghai Commercial &vings Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-17 | NT$1.80 | annually | 2024-08-02 |
2023-07-06 | NT$1.80 | annually | 2023-07-27 |
2022-07-07 | NT$1.80 | annually | 2022-07-26 |
2021-07-28 | NT$1.70 | annually | 2021-08-18 |
2020-07-16 | NT$2.05 | annually | 2020-08-07 |
2019-07-08 | NT$1.96 | annually | 2019-07-29 |
2018-07-20 | NT$1.76 | annually | 2018-08-10 |
2017-07-10 | NT$1.47 | annually | 2017-08-02 |
2016-08-11 | NT$1.44 | annually | |
2015-07-14 | NT$1.37 | annually |
Shanghai Commercial &vings Bank Dividend per year
Shanghai Commercial &vings Bank Dividend growth
Shanghai Commercial &vings Bank Dividend Yield
Shanghai Commercial &vings Bank current trailing twelve-month (TTM) dividend yield is 4.57%. Interested in purchasing Shanghai Commercial &vings Bank stock? Use our calculator to estimate your expected dividend yield:
Shanghai Commercial &vings Bank Financial Ratios
Shanghai Commercial &vings Bank Dividend FAQ
Other factors to consider when evaluating Shanghai Commercial &vings 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.
Place an order: Use the brokerage's trading platform to place an order to buy Shanghai Commercial &vings Bank stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Shanghai Commercial &vings 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, Shanghai Commercial &vings 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, Shanghai Commercial &vings 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 Shanghai Commercial &vings 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: Shanghai Commercial &vings 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, Shanghai Commercial &vings 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: Shanghai Commercial &vings 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 Shanghai Commercial &vings 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 Shanghai Commercial &vings 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.