Back to AMAL overview

AMAL Amalgamated Financial dividend history, payout ratio & dates

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 1.74%.

Key dates

  • AMAL last dividend date: Feb 5, 2024
  • AMAL next dividend date: Not announced
AMAL dividend stats
DPS
$0.4
Dividend yield
1.68%
Payout ratio
13.9%
vs. Financial Services sector
Dividend yield
3.38%
Payout ratio
39.5%

Dividend yield

What is Amalgamated Financial current dividend yield

AMAL has a dividend yield of 1.74% which is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 3.38%, Amalgamated Financial's dividend yield is 49% lower. Historically AMAL's dividend yield has averaged at 2.0% in the last 5 years, which is higher than the current one.

Dividend history

What is AMAL dividend payout history and dates

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 33% from a year ago, the dividend yield has a decrease of 21%.

Recent dividends

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

Amalgamated Financial dividend payout ratio

What is Amalgamated Financial dividend payout ratio compared to the sector

Payout ratio

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.

Total amount of dividends paid per financial year (from cash flow)

AMAL dividend vs peer dividends

How does AMAL dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
NKSH National Bankshares Inc 5.22% $1.51 56.8%
NRIM Northrim Bancorp Inc 5.13% $2.41 53.2%
AMAL Amalgamated Financial Corp 1.68% $0.4 13.9%

Frequently asked questions

Does Amalgamated Financial pay a dividend?

Yes, Amalgamated Financial has paid four dividends in the last twelve months. AMAL has been paying dividends since 2018.

When is Amalgamated Financial's next dividend?

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.

When was AMAL's last dividend?

Amalgamated Financial's last dividend ex-date was on Feb 5, 2024. The dividend amount was $0.1 per share.

How much dividend does Amalgamated Financial pay (per share)?

AMAL has paid dividend of $0.4 per share in the last year.

What is Amalgamated Financial's dividend yield?

Currently Amalgamated Financial's dividend yield is 1.74%.

How often does Amalgamated Financial pay dividends?

Amalgamated Financial pays dividends quarterly.

What is Amalgamated Financial's dividend payout ratio?

Amalgamated Financial's dividend payout ratio is 13.9%.

Does Amalgamated Financial pay a good dividend?

Amalgamated Financial's dividend yield is lower than the Financial Services sector average.