Turkiye Garanti Bankasi A.S. provides various banking products and services. It offers current, savings, time and term deposit, ELMA, structured deposit, and gold accounts; and general purpose, auto, revolving, house, discount, SME project, installment, working capital, foreign currency, mortgage, and other loans, as well as spot TL and foreign currency, letters of guarantee and reference, and overdraft accounts. The company also provides various cards; and auto, liability, health, unemployment, life, house, individual accident, automobile, business premises, fire, freight, engineering, accident, loan, and agriculture insurance products, as well as pension products. In addition, it offers mutual funds, T-bills/government bonds, Eurobonds, repos, equities, dual currency deposit transactions, Turkish derivatives exchange, e-trader, forward transactions, and taxation services; cash management services; and SME specific products, such as support packages, foreign trade financing and legislation, and related services. Further, the company provides leasing, fleet management, factoring, investment and private banking, payment, safety box, and Internet and mobile/SMS banking services. As of December 31, 2021, the company operated 872 branches and 5,401 ATMs. Turkiye Garanti Bankasi A.S. was founded in 1946 and is headquartered in Istanbul, Turkey. As of May 18, 2022, Turkiye Garanti Bankasi A.S. operates as a subsidiary of Banco Bilbao Vizcaya Argentaria, S.A.
Turkiye Garanti Bankasi Dividend Announcement
• Turkiye Garanti Bankasi announced a annually dividend of $0.10 per ordinary share which will be made payable on 2024-04-12. Ex dividend date: 2024-03-28
• Turkiye Garanti Bankasi annual dividend for 2024 was $0.10
• Turkiye Garanti Bankasi annual dividend for 2023 was $0.09
• Turkiye Garanti Bankasi's trailing twelve-month (TTM) dividend yield is 3.16%
• Turkiye Garanti Bankasi's payout ratio for the trailing twelve months (TTM) is 13.76%
Turkiye Garanti Bankasi Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-28 | $0.10 | annually | 2024-04-12 |
2023-04-17 | $0.09 | annually | 2023-04-28 |
2022-05-25 | $0.02 | annually | 2022-06-06 |
2018-04-24 | $0.10 | annually | 2018-05-07 |
2017-04-24 | $0.08 | annually | 2017-05-03 |
2016-04-25 | $0.05 | annually | |
2015-04-27 | $0.05 | annually | |
2014-04-16 | $0.05 | annually | |
2013-05-16 | $0.08 | annually | |
2012-05-24 | $0.07 | annually | |
2011-04-08 | $0.07 | annually | |
2010-04-09 | $0.05 | annually |
Turkiye Garanti Bankasi Dividend per year
Turkiye Garanti Bankasi Dividend growth
Turkiye Garanti Bankasi Dividend Yield
Turkiye Garanti Bankasi current trailing twelve-month (TTM) dividend yield is 3.16%. Interested in purchasing Turkiye Garanti Bankasi stock? Use our calculator to estimate your expected dividend yield:
Turkiye Garanti Bankasi Financial Ratios
Turkiye Garanti Bankasi Dividend FAQ
Other factors to consider when evaluating Turkiye Garanti Bankasi 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: Turkiye Garanti Bankasi'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, Turkiye Garanti Bankasi 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, Turkiye Garanti Bankasi 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 Turkiye Garanti Bankasi 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: Turkiye Garanti Bankasi 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, Turkiye Garanti Bankasi distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Turkiye Garanti Bankasi 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 Turkiye Garanti Bankasi'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 Turkiye Garanti Bankasi'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.