Amalgamated Financial's latest quarterly cash dividend of $0.1 per share was issued to shareholders on record before Feb 5, 2024. The dividend distribution stands at $0.4 per share annually, which comes to a dividend yield of 1.78%.
AMAL has a dividend yield of 1.78% which is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 3.44%, Amalgamated Financial's dividend yield is 48% lower. Historically AMAL's dividend yield has averaged at 2.0% in the last 5 years, which is higher than the current one.
Amalgamated Financial has been paying dividends for the last six years. Our records show that AMAL has distributed four quarterly dividends in the past year. The annualized dividend per share has grown by 5% since twelve months ago. However with the price of the stock up by 27% from a year ago, the dividend yield has a decrease of 17%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 5, 2024 | Feb 23, 2024 | Jan 23, 2024 | $0.1 | normal |
| Nov 6, 2023 | Nov 24, 2023 | Oct 24, 2023 | $0.1 | normal |
| Aug 4, 2023 | Aug 22, 2023 | Jul 25, 2023 | $0.1 | normal |
| May 9, 2023 | May 24, 2023 | Apr 25, 2023 | $0.1 | normal |
| Feb 3, 2023 | Feb 20, 2023 | Jan 24, 2023 | $0.1 | normal |
| Nov 8, 2022 | Nov 28, 2022 | Oct 26, 2022 | $0.1 | normal |
| Aug 9, 2022 | Aug 29, 2022 | Jul 27, 2022 | $0.1 | normal |
| May 10, 2022 | May 25, 2022 | Apr 27, 2022 | $0.08 | normal |
| Feb 14, 2022 | Mar 1, 2022 | Jan 26, 2022 | $0.08 | normal |
| Nov 18, 2021 | Dec 1, 2021 | Nov 4, 2021 | $0.08 | normal |
| Aug 17, 2021 | Sep 1, 2021 | Aug 5, 2021 | $0.08 | normal |
| May 13, 2021 | Jun 1, 2021 | Apr 28, 2021 | $0.08 | normal |
| Feb 18, 2021 | Mar 5, 2021 | Feb 4, 2021 | $0.08 | normal |
| Nov 18, 2020 | Dec 3, 2020 | Nov 5, 2020 | $0.08 | normal |
| Aug 18, 2020 | Sep 3, 2020 | Aug 5, 2020 | $0.08 | normal |
| May 13, 2020 | Jun 2, 2020 | Apr 29, 2020 | $0.08 | normal |
| Feb 20, 2020 | Mar 6, 2020 | Feb 6, 2020 | $0.08 | normal |
| Nov 14, 2019 | Nov 29, 2019 | Oct 30, 2019 | $0.08 | normal |
| Aug 14, 2019 | Aug 30, 2019 | Aug 1, 2019 | $0.06 | normal |
| May 15, 2019 | May 31, 2019 | May 2, 2019 | $0.06 | normal |
| Feb 14, 2019 | Feb 26, 2019 | Feb 6, 2019 | $0.06 | normal |
| Nov 15, 2018 | Nov 26, 2018 | Nov 6, 2018 | $0.06 | normal |
AMAL has a payout ratio of 13.9% which is lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 39.5%, Amalgamated Financial's payout ratio is 65% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NKSH National Bankshares Inc | 5.26% | $1.51 | 56.8% |
| NRIM Northrim Bancorp Inc | 5.2% | $2.41 | 53.2% |
| AMAL Amalgamated Financial Corp | 1.78% | $0.4 | 13.9% |
Yes, Amalgamated Financial has paid four dividends in the last twelve months. AMAL has been paying dividends since 2018.
At this point we don't have a record of AMAL's next dividend date, but based on the current dividend schedule we project that it will likely be in May 2024.
Amalgamated Financial's last dividend ex-date was on Feb 5, 2024. The dividend amount was $0.1 per share.
AMAL has paid dividend of $0.4 per share in the last year.
Currently Amalgamated Financial's dividend yield is 1.78%.
Amalgamated Financial pays dividends quarterly.
Amalgamated Financial's dividend payout ratio is 13.9%.
Amalgamated Financial's dividend yield is lower than the Financial Services sector average.