Union Bank of Taiwan provides various banking products and services. The company is involved in various activities, which cover loans, remittances, acceptances, short-term bill transactions, investments, foreign exchange transactions, savings, trust services, etc. It accepts deposit products; and provides corporate loans, discount bills and notes, domestic letters of credit and accounts receivable factoring, mortgages, auto loans, personal loans, and other consumer credit. The company also handles exports, imports, foreign remittances, foreign currency loans, and guarantees; and offers credit card, wealth management, trust, custodian business, safe-deposit box rental, and certification services for marketable securities. In addition, it trades in marketable securities and futures on behalf of customers; and acts as collecting and paying agent for public facilities fees, taxes, and remittances, as well as operates as a life and property insurance agency. Further, the company is involved in the retail and distribution of hardware and software products; development of system programs; outsourcing of system development; website designing; provision of e-commerce services; car rental; import and export financing; securities investment trust; and installment purchase and lease investment businesses. Additionally, it engages in sale, purchase, and leasing of real estates, etc.; general business investment; and power generation, transmission, distribution, and energy technology service business; and investment management advisory and equipment leasing activities. The company operates 90 branches in Taiwan, including 49 branches in Greater Taipei, 18 branches in Taoyuan and HsinChu, 9 branches in Taichung and Changhua, 6 branches in Chiayi and Tainan, and 8 branches in Kaohsiung and Pingtung; and 9 securities branches, as well as one overseas banking branch. Union Bank of Taiwan was founded in 1989 and is headquartered in Taipei, Taiwan.
Union Bank of Taiwan Dividend Announcement
• Union Bank of Taiwan announced a annually dividend of NT$0.19 per ordinary share which will be made payable on 2024-08-27. Ex dividend date: 2024-07-26
• Union Bank of Taiwan annual dividend for 2024 was NT$0.19
• Union Bank of Taiwan annual dividend for 2023 was NT$0.10
• Union Bank of Taiwan's trailing twelve-month (TTM) dividend yield is 1.19%
• Union Bank of Taiwan's payout ratio for the trailing twelve months (TTM) is 0.15%
Union Bank of Taiwan Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-26 | NT$0.19 | annually | 2024-08-27 |
2023-07-26 | NT$0.10 | annually | 2023-08-25 |
2022-07-06 | NT$0.15 | annually | 2022-08-08 |
2020-07-23 | NT$0.09 | annually | 2020-08-26 |
2018-08-10 | NT$0.33 | annually | 2018-09-13 |
2017-07-21 | NT$0.36 | annually | 2017-08-23 |
2016-07-11 | NT$0.32 | annually | |
2015-08-14 | NT$0.18 | annually | |
2001-05-15 | NT$0.15 | annually |
Union Bank of Taiwan Dividend per year
Union Bank of Taiwan Dividend growth
Union Bank of Taiwan Dividend Yield
Union Bank of Taiwan current trailing twelve-month (TTM) dividend yield is 1.19%. Interested in purchasing Union Bank of Taiwan stock? Use our calculator to estimate your expected dividend yield:
Union Bank of Taiwan Financial Ratios
Union Bank of Taiwan Dividend FAQ
Other factors to consider when evaluating Union Bank of Taiwan 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: Union Bank of Taiwan'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, Union Bank of Taiwan 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, Union Bank of Taiwan 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 Union Bank of Taiwan 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: Union Bank of Taiwan 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, Union Bank of Taiwan distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Union Bank of Taiwan 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 Union Bank of Taiwan'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 Union Bank of Taiwan'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.