Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co.,Ltd provides commercial banking products and services in China. It offers personal wealth products and services that cover financial products, precious metals, funds, insurance products, and asset management products; savings, demand, time, structured, and notice deposit products, as well as certificate of deposit; personal, business, consumer, mortgage, operating, and e-flash loans; credit and debit cards, gold and platinum cards, and cards with VIP privileges; and mobile and online banking services. The company also offers financial management products and services; settlement products and services comprising collection and commitment, receiving payments from other places, electronic exchange, bank drafts, entrusted collection in the same city, transfer check, and promissory notes; and products and services that cover cross-border RMB settlement, domestic guarantee and foreign loans, import collection, import issuance, export documentary collection, L/C review/negotiation, letter of credit notice, foreign exchange remittance, export order financing, foreign exchange loans, import and export double factoring, letter of credit confirmation, import payment, bill of lading endorsement, delivery guarantee, import bills, short-term export credit insurance financing, export invoice financing, forfaiting, export discount and bills, package loans under export letter of credit, false forward letter of credit, loan pay, spot foreign exchange settlement and sale, and foreign exchange deposits. It operates through 26 branches and 79 branch offices, and 105 outlets. The company was founded in 1987 and is based in Shaoxing, China.
Zhejiang Shaoxing RuiFeng Rural Commercial Bank Dividend Announcement
• Zhejiang Shaoxing RuiFeng Rural Commercial Bank announced a annually dividend of ¥0.18 per ordinary share which will be made payable on 2024-05-09. Ex dividend date: 2024-05-09
• Zhejiang Shaoxing RuiFeng Rural Commercial Bank annual dividend for 2024 was ¥0.18
• Zhejiang Shaoxing RuiFeng Rural Commercial Bank annual dividend for 2023 was ¥0.20
• Zhejiang Shaoxing RuiFeng Rural Commercial Bank's trailing twelve-month (TTM) dividend yield is 3.42%
• Zhejiang Shaoxing RuiFeng Rural Commercial Bank's payout ratio for the trailing twelve months (TTM) is 28.79%
Zhejiang Shaoxing RuiFeng Rural Commercial Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-09 | ¥0.18 | annually | 2024-05-09 |
2023-05-10 | ¥0.20 | annually | 2023-05-10 |
2022-05-10 | ¥0.18 | annually | 2022-05-10 |
Zhejiang Shaoxing RuiFeng Rural Commercial Bank Dividend per year
Zhejiang Shaoxing RuiFeng Rural Commercial Bank Dividend growth
Zhejiang Shaoxing RuiFeng Rural Commercial Bank Dividend Yield
Zhejiang Shaoxing RuiFeng Rural Commercial Bank current trailing twelve-month (TTM) dividend yield is 3.42%. Interested in purchasing Zhejiang Shaoxing RuiFeng Rural Commercial Bank stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Shaoxing RuiFeng Rural Commercial Bank Financial Ratios
Zhejiang Shaoxing RuiFeng Rural Commercial Bank Dividend FAQ
Other factors to consider when evaluating Zhejiang Shaoxing RuiFeng Rural Commercial 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: Zhejiang Shaoxing RuiFeng Rural Commercial 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, Zhejiang Shaoxing RuiFeng Rural Commercial 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, Zhejiang Shaoxing RuiFeng Rural Commercial 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 Zhejiang Shaoxing RuiFeng Rural Commercial 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: Zhejiang Shaoxing RuiFeng Rural Commercial 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, Zhejiang Shaoxing RuiFeng Rural Commercial 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: Zhejiang Shaoxing RuiFeng Rural Commercial 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 Zhejiang Shaoxing RuiFeng Rural Commercial 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 Zhejiang Shaoxing RuiFeng Rural Commercial 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.