Taiwan Business Bank, Ltd. provides banking and financial services to small and medium-size businesses in Taiwan, the United States, Hong Kong, Australia, China, Cambodia, and Japan. The company operates through Bank, Securities, Trust, Insurance agency, and Others segments. It engages in the provision of deposits, remittance, and loans; securities investment; and securities brokerage, financing, and ancillary business of futures trading. The company also offers a platform for securities investment; securities under writing, custodian bank, new type trust, and specific trust funds investing services; life and property insurance products; and leasing, financing, consulting, and venture capital services. As of December 31, 2021, it operated 124 domestic branches, 1 offshore banking unit, 8 overseas branches, 1 oversea representative office, and 16 securities brokerage locations. The company was founded in 1915 and is headquartered in Taipei, Taiwan.
Taiwan Business Bank Dividend Announcement
• Taiwan Business Bank announced a annually dividend of NT$0.20 per ordinary share which will be made payable on 2024-09-13. Ex dividend date: 2024-08-08
• Taiwan Business Bank annual dividend for 2024 was NT$0.20
• Taiwan Business Bank annual dividend for 2023 was NT$0.10
• Taiwan Business Bank's trailing twelve-month (TTM) dividend yield is 1.18%
• Taiwan Business Bank's payout ratio for the trailing twelve months (TTM) is 7.26%
• Taiwan Business Bank's dividend growth over the last five years (2018-2023) was -15.31% year
Taiwan Business Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-08 | NT$0.20 | annually | 2024-09-13 |
2023-08-31 | NT$0.10 | annually | 2023-10-06 |
2022-08-01 | NT$0.10 | annually | 2022-09-07 |
2021-09-08 | NT$0.10 | annually | 2021-10-13 |
2020-07-22 | NT$0.19 | annually | 2020-08-26 |
2019-08-14 | NT$0.26 | annually | 2019-09-19 |
2018-09-06 | NT$0.24 | annually | 2018-10-11 |
2017-08-01 | NT$0.08 | annually | 2017-09-05 |
2016-09-02 | NT$0.08 | annually | |
2001-07-27 | NT$0.16 | annually |
Taiwan Business Bank Dividend per year
Taiwan Business Bank Dividend growth
Taiwan Business Bank Dividend Yield
Taiwan Business Bank current trailing twelve-month (TTM) dividend yield is 1.18%. Interested in purchasing Taiwan Business Bank stock? Use our calculator to estimate your expected dividend yield:
Taiwan Business Bank Financial Ratios
Taiwan Business Bank Dividend FAQ
Other factors to consider when evaluating Taiwan Business 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: Taiwan Business 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, Taiwan Business 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, Taiwan Business 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 Taiwan Business 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: Taiwan Business 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, Taiwan Business 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: Taiwan Business 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 Taiwan Business 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 Taiwan Business 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.