Zuger Kantonalbank provides various banking products and services to private and corporate clients in Switzerland. It offers private banking products comprising bank accounts in various currencies and card products; personal, savings, and retirement accounts; credit and debit cards; investment advisory, asset management, and online financial investment services; home financing services, including mortgage and home ownership service; and pension products, financial planning, and tax services. The company also provides corporate banking products and services, such as corporate savings accounts and corporate cards; corporate and real estate financing services; occupational pension schemes; and foundation and succession planning services. In addition, it offers e-banking and mobile banking services. The company operates through 14 branches. Zuger Kantonalbank was founded in 1892 and is based in Zug, Switzerland.
Zuger Kantonalbank Dividend Announcement
• Zuger Kantonalbank announced a annually dividend of CHF220.00 per ordinary share which will be made payable on 2024-05-24. Ex dividend date: 2024-05-22
• Zuger Kantonalbank annual dividend for 2024 was CHF220.00
• Zuger Kantonalbank annual dividend for 2023 was CHF220.00
• Zuger Kantonalbank's trailing twelve-month (TTM) dividend yield is 2.7%
Zuger Kantonalbank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-22 | CHF220.00 | annually | 2024-05-24 |
2023-05-16 | CHF220.00 | annually | 2023-05-19 |
2022-05-17 | CHF220.00 | annually | 2022-05-19 |
2021-05-11 | CHF220.00 | annually | 2021-05-14 |
2020-05-05 | CHF220.00 | annually | 2020-05-07 |
Zuger Kantonalbank Dividend per year
Zuger Kantonalbank Dividend growth
Zuger Kantonalbank Dividend Yield
Zuger Kantonalbank current trailing twelve-month (TTM) dividend yield is 2.7%. Interested in purchasing Zuger Kantonalbank stock? Use our calculator to estimate your expected dividend yield:
Zuger Kantonalbank Financial Ratios
Zuger Kantonalbank Dividend FAQ
Other factors to consider when evaluating Zuger Kantonalbank 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: Zuger Kantonalbank'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, Zuger Kantonalbank 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, Zuger Kantonalbank 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 Zuger Kantonalbank 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: Zuger Kantonalbank 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, Zuger Kantonalbank distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Zuger Kantonalbank 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 Zuger Kantonalbank'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 Zuger Kantonalbank'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.