Xiamen Bank Co., Ltd. provides various banking products and services to individuals, corporate customers, and small and micro finance businesses. It offers personal savings products, personal loans, investment and financial management products, bank cards, and convenience finance services; cash management, international business, investment banking, intermediate business, and investment banking services, as well as corporate deposits and loans; and financing solutions for emerging and small businesses. The company also provides financial market services, including precious metal, bond, foreign exchange and derivative, bill collection and clearance, inter-bank, and franchise business services; and online and mobile banking services. It has branches in Chongqing and Fujian Province. The company was founded in 1996 and is based in Xiamen, China.
Xiamen Bank Dividend Announcement
• Xiamen Bank announced a semi annually dividend of ¥0.15 per ordinary share which will be made payable on 2024-12-12. Ex dividend date: 2024-12-12
• Xiamen Bank annual dividend for 2024 was ¥0.46
• Xiamen Bank annual dividend for 2023 was ¥0.29
• Xiamen Bank's trailing twelve-month (TTM) dividend yield is 5.33%
• Xiamen Bank's payout ratio for the trailing twelve months (TTM) is 43.22%
Xiamen Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-12 | ¥0.15 | semi annually | 2024-12-12 |
2024-06-14 | ¥0.31 | semi annually | 2024-06-14 |
2023-06-08 | ¥0.29 | semi annually | 2023-06-08 |
2022-06-21 | ¥0.25 | semi annually | 2022-06-21 |
2021-07-22 | ¥0.18 | semi annually | 2021-07-22 |
Xiamen Bank Dividend per year
Xiamen Bank Dividend growth
Xiamen Bank Dividend Yield
Xiamen Bank current trailing twelve-month (TTM) dividend yield is 5.33%. Interested in purchasing Xiamen Bank stock? Use our calculator to estimate your expected dividend yield:
Xiamen Bank Financial Ratios
Xiamen Bank Dividend FAQ
Other factors to consider when evaluating Xiamen 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: Xiamen 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, Xiamen 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, Xiamen 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 Xiamen 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: Xiamen 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, Xiamen 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: Xiamen 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 Xiamen 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 Xiamen 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.