UOB Dividend 2024 News: If you’re an investor or simply curious about financial news, you’ve probably heard of UOB (United Overseas Bank). In this article, we’ll delve into UOB’s dividend for the year 2024. Let’s break it down in simple terms!
UOB Dividend 2024
What Is UOB?
UOB is a prominent bank headquartered in Singapore. It has a rich history and plays a crucial role in the financial landscape of Asia. As a shareholder, understanding UOB’s dividend payouts is essential.
Dividend Basics
What Are Dividends?
Dividends are payments made by a company to its shareholders. They come from the company’s profits and are usually distributed periodically. For investors, dividends are like a reward for holding shares.
UOB Dividend 2024
UOB’s Dividend History
UOB has a consistent track record of paying dividends. Let’s take a look at recent years:
1. 2023 Dividends:
- Final Dividend: Ex-date on April 25, 2024, and payment date on May 9, 2024. Amount: S$0.85/share (one-tier tax-exempt).
- Interim Dividend: Ex-date on August 4, 2023, and payment date on August 18, 2023. Amount: S$0.85/share (one-tier tax-exempt).
2. 2022 Dividends:
- Final Dividend: Ex-date on April 28, 2023, and payment date on May 12, 2023. Amount: S$0.75/share (one-tier tax-exempt).
- Interim Dividend: Ex-date on August 8, 2022, and payment date on August 22, 2022. Amount: S$0.60/share (one-tier tax-exempt).
3. 2021 Dividends:
- Final Dividend: Ex-date on April 28, 2022, and payment date on May 13, 2022. Amount: S$0.60/share (one-tier tax-exempt).
- Interim Dividend: Ex-date on August 16, 2021, and payment date on August 27, 2021. Amount: S$0.60/share (one-tier tax-exempt).
UOB Dividend 2024
Key Dates
- Record Date: The date when you must be a shareholder to receive the dividend.
- Payment Date: When the dividend is actually paid out.
For UOB’s 2024 dividend:
- Record Date: To be announced.
- Payment Date: To be announced.
Keep an eye on UOB’s official announcements for precise dates.
UOB Dividend 2024
Share Price History
UOB’s share price can fluctuate due to market conditions, economic factors, and company performance. Investors should consider both dividends and share price when evaluating their investment strategy.
UOB’s dividends provide a steady income stream for shareholders. Whether you’re a seasoned investor or just starting out, understanding these financial terms can empower you to make informed decisions. Stay tuned for updates on UOB’s 2024 dividend!
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UOB Dividend 2024
Frequently Asked Questions
Q: When will UOB distribute dividends in 2024?
A: UOB is set to distribute dividends on May 9, 2024.
Q: When is the UOB Dividend Ex-Date in 2024?
A: The UOB Dividend Ex-Date for 2024 is on April 25.
Q: What is the dividend amount per share?
A: Each share will receive a dividend payment of S$0.85, and it holds a one-tier tax-exempt status.