Zhongyuan Bank Co., Ltd. provides corporate and personal deposits, loans and advances, settlement, financial market and leasing, and other financial services in the Asia Pacific, North America, and internationally. It operates through Corporate Banking, Retail Banking, Financial Markets Business, and Others segments. The Corporate Banking segment provides corporate loans and advances, trade financing and deposit taking, agency, consulting and advisory, remittance and settlement, and guarantee services to corporations, government agencies, and financial institutions. The Retail Banking segment offers a range of financial products and services, including personal loans, deposits, bank cards, personal wealth management services, and remittance services to retail customers. The Financial Markets Business segment provides inter-bank money market transaction, repurchase transaction, investment, and issuance of debt services, as well as trades in debt securities. As of December 31, 2021, the company operated 18 branches, 2 direct sub-branches, and 474 total outlets, including 277 urban sub-branches, 125 county-level sub-branches, and 72 township-level sub-branches. Zhongyuan Bank Co., Ltd. was founded in 2014 and is headquartered in Zhengzhou, the People's Republic of China.
Zhongyuan Bank Dividend Announcement
• Zhongyuan Bank announced a annually dividend of HK$0.49 per ordinary share which will be made payable on 2020-06-29. Ex dividend date: 2020-05-20
• Zhongyuan Bank's trailing twelve-month (TTM) dividend yield is -%
• Zhongyuan Bank's payout ratio for the trailing twelve months (TTM) is 24.12%
Zhongyuan Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2020-05-20 | HK$0.49 | annually | 2020-06-29 |
2019-05-22 | HK$0.04 | annually | 2019-06-28 |
2018-05-18 | HK$0.09 | annually | 2018-06-29 |
Zhongyuan Bank Dividend per year
Zhongyuan Bank Dividend growth
Zhongyuan Bank Dividend Yield
Zhongyuan Bank current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Zhongyuan Bank stock? Use our calculator to estimate your expected dividend yield:
Zhongyuan Bank Financial Ratios
Zhongyuan Bank Dividend FAQ
Other factors to consider when evaluating Zhongyuan 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: Zhongyuan 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, Zhongyuan 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, Zhongyuan 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 Zhongyuan 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: Zhongyuan 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, Zhongyuan 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: Zhongyuan 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 Zhongyuan 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 Zhongyuan 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.