Shanghai Pudong Development Bank Co., Ltd. provides commercial banking products and services in the People's Republic of China. The company offers various personal banking services, including savings and account management products; wealth management services comprising open-ended funds, special investments, SPDB structured deposits, security investment custody accounts, individual FX trading, collective security investments, and insurance products distribution; cards; lending services, such as deposit/treasury bond pledged loans and car mortgages; online payment and consumption services; and instant messaging services. It also provides corporate banking services consisting of corporate cash management solutions, ebanking solutions, supply chain financing solutions, asset custody solutions, occupational pension products, and trade finance services; and investment banking and offshore banking services, as well as services to small and medium enterprises, and multi-national companies. In addition, the company offers treasury and market products, including foreign exchange risk management, interest rate risk management, structural, fixed income, and commodity exchange products. As of December 31, 2020, it had 1,640 branches. Shanghai Pudong Development Bank Co., Ltd. was founded in 1992 and is headquartered in Shanghai, the People's Republic of China.
Shanghai Pudong Development Bank Dividend Announcement
• Shanghai Pudong Development Bank announced a annually dividend of ¥0.32 per ordinary share which will be made payable on 2024-07-18. Ex dividend date: 2024-07-18
• Shanghai Pudong Development Bank annual dividend for 2024 was ¥0.32
• Shanghai Pudong Development Bank annual dividend for 2023 was ¥0.32
• Shanghai Pudong Development Bank's trailing twelve-month (TTM) dividend yield is 3.21%
• Shanghai Pudong Development Bank's payout ratio for the trailing twelve months (TTM) is 44.16%
• Shanghai Pudong Development Bank's dividend growth over the last five years (2018-2023) was 26.19% year
• Shanghai Pudong Development Bank's dividend growth over the last ten years (2013-2023) was -5.27% year
Shanghai Pudong Development Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-18 | ¥0.32 | annually | 2024-07-18 |
2023-07-21 | ¥0.32 | annually | 2023-07-21 |
2022-07-21 | ¥0.41 | annually | 2022-07-21 |
2021-07-21 | ¥0.48 | annually | 2021-07-21 |
2020-07-23 | ¥0.60 | annually | 2020-07-23 |
2019-06-11 | ¥0.35 | annually | 2019-06-11 |
2018-07-13 | ¥0.10 | annually | 2018-07-13 |
2017-05-25 | ¥0.15 | annually | 2017-05-25 |
2016-06-23 | ¥0.52 | annually | |
2015-06-23 | ¥0.76 | annually | |
2014-06-24 | ¥0.66 | annually | |
2013-06-03 | ¥0.55 | annually |
Shanghai Pudong Development Bank Dividend per year
Shanghai Pudong Development Bank Dividend growth
Shanghai Pudong Development Bank Dividend Yield
Shanghai Pudong Development Bank current trailing twelve-month (TTM) dividend yield is 3.21%. Interested in purchasing Shanghai Pudong Development Bank stock? Use our calculator to estimate your expected dividend yield:
Shanghai Pudong Development Bank Financial Ratios
Shanghai Pudong Development Bank Dividend FAQ
Other factors to consider when evaluating Shanghai Pudong Development 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: Shanghai Pudong Development 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 Pudong Development 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 Pudong Development 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 Pudong Development 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 Pudong Development 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 Pudong Development 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 Pudong Development 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 Pudong Development 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 Pudong Development 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.