United Overseas Bank Limited, together with its subsidiaries, provides banking products and services. It operates through three segments: Group Retail, Group Wholesale Banking, and Global Markets. The company offers loan products, including overdraft, cash credit, short term, and long-term loans. It also provides buyers credit, structured trade finance, SGD bonds, loan syndication, and M&A services. In addition, the company offers forex, documentary collection, credit, bank guarantee, export and import finance services. Further, the company provides inward and outward remittances, FX spot and forward, current account, and time deposit services. Additionally, the company offers letter of credit advising and negotiation/discounting services; and import and export services comprising of inward and outward bill collection services, and documents against acceptance and payment. Furthermore, the company provides private, commercial, corporate, and investment banking services. It also offers corporate finance, treasury, future broking, asset management, venture capital management, insurance, and stockbroking services; engages in capital market, credit card, and private residential home loan businesses; and loans to small and medium enterprises. The company operates approximately 500 branches and offices in Singapore, Malaysia, Indonesia, Thailand, China, and internationally. United Overseas Bank Limited was incorporated in 1935 and is headquartered in Singapore.
United Overseas Bank Dividend Announcement
• United Overseas Bank announced a semi annually dividend of $1.32 per ordinary share which will be made payable on 2024-09-03. Ex dividend date: 2024-08-13
• United Overseas Bank annual dividend for 2024 was $2.59
• United Overseas Bank annual dividend for 2023 was $2.42
• United Overseas Bank's trailing twelve-month (TTM) dividend yield is 3.51%
• United Overseas Bank's payout ratio for the trailing twelve months (TTM) is 53.19%
• United Overseas Bank's dividend growth over the last five years (2018-2023) was 7.05% year
• United Overseas Bank's dividend growth over the last ten years (2013-2023) was 7.95% year
United Overseas Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-13 | $1.32 | semi annually | 2024-09-03 |
2024-04-25 | $1.27 | semi annually | 2024-05-20 |
2023-08-04 | $1.28 | semi annually | 2023-08-28 |
2023-04-28 | $1.13 | semi annually | 2023-05-22 |
2022-08-08 | $0.87 | semi annually | 2022-09-01 |
2022-04-27 | $0.88 | semi annually | 2022-05-23 |
2021-08-13 | $0.89 | semi annually | 2021-09-07 |
2021-05-05 | $0.58 | semi annually | 2021-07-06 |
2020-08-25 | $0.57 | semi annually | 2020-10-23 |
2020-06-12 | $1.06 | semi annually | 2020-07-09 |
2019-08-14 | $0.79 | semi annually | 2019-09-06 |
2019-05-03 | $1.03 | semi annually | 2019-05-28 |
2018-08-14 | $0.73 | semi annually | 2018-09-07 |
2018-04-26 | $0.99 | semi annually | 2018-06-25 |
2017-08-11 | $0.52 | semi annually | 2017-10-06 |
2017-04-25 | $0.50 | semi annually | 2017-06-23 |
2016-08-12 | $1.04 | semi annually | 2016-10-11 |
2016-04-26 | $0.50 | semi annually | 2016-05-23 |
2015-11-13 | $0.28 | semi annually | 2016-01-14 |
2015-08-14 | $0.51 | semi annually | 2015-09-08 |
2015-04-30 | $0.82 | semi annually | 2015-05-26 |
2014-08-15 | $0.32 | semi annually | 2014-09-08 |
2014-04-29 | $0.88 | semi annually | 2014-06-26 |
2013-08-23 | $0.32 | semi annually | 2013-09-16 |
2013-05-03 | $0.81 | semi annually | 2013-05-28 |
United Overseas Bank Dividend per year
United Overseas Bank Dividend growth
United Overseas Bank Dividend Yield
United Overseas Bank current trailing twelve-month (TTM) dividend yield is 3.51%. Interested in purchasing United Overseas Bank stock? Use our calculator to estimate your expected dividend yield:
United Overseas Bank Financial Ratios
United Overseas Bank Dividend FAQ
Other factors to consider when evaluating United Overseas 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: United Overseas 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, United Overseas 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, United Overseas 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 United Overseas 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: United Overseas 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, United Overseas 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: United Overseas 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 United Overseas 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 United Overseas 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.