Banner's most recent quarterly dividend of $0.48 per share was on Feb 6, 2024 (ex-date). The annualized payout of $1.92 per share represents a current dividend yield of 4.27%.
Banner's dividend yield of 4.27% is above the Financial Services sector and the industry average but below its peers average. Compared to its Financial Services sector average of 3.44%, Banner's dividend yield is 24% higher. Historically BANR's dividend yield has averaged at 3.5% in the last 5 years, which is below the current yield.
Banner has a history of paying dividends since 1996. Our records of BANR show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 7% for the last twelve months. And since the stock price has gone down by 15% from a year ago, the dividend yield has increased by 25%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 6, 2024 | Feb 16, 2024 | Jan 18, 2024 | $0.48 | normal |
| Nov 2, 2023 | Nov 13, 2023 | Oct 18, 2023 | $0.48 | normal |
| Jul 31, 2023 | Aug 11, 2023 | Jul 19, 2023 | $0.48 | normal |
| May 1, 2023 | May 12, 2023 | Apr 19, 2023 | $0.48 | normal |
| Feb 1, 2023 | Feb 13, 2023 | Jan 19, 2023 | $0.48 | normal |
| Oct 28, 2022 | Nov 10, 2022 | Oct 19, 2022 | $0.44 | normal |
| Aug 1, 2022 | Aug 12, 2022 | Jul 20, 2022 | $0.44 | normal |
| May 2, 2022 | May 13, 2022 | Apr 20, 2022 | $0.44 | normal |
| Feb 2, 2022 | Feb 14, 2022 | Jan 20, 2022 | $0.44 | normal |
| Nov 1, 2021 | Nov 12, 2021 | Oct 20, 2021 | $0.41 | normal |
| Aug 2, 2021 | Aug 13, 2021 | Jul 21, 2021 | $0.41 | normal |
| May 4, 2021 | May 14, 2021 | Apr 21, 2021 | $0.41 | normal |
| Feb 3, 2021 | Feb 16, 2021 | Jan 21, 2021 | $0.41 | normal |
| Nov 2, 2020 | Nov 12, 2020 | Oct 21, 2020 | $0.41 | normal |
| Aug 3, 2020 | Aug 13, 2020 | Jul 22, 2020 | $0.41 | normal |
| Apr 7, 2020 | Apr 17, 2020 | Mar 24, 2020 | $0.41 | normal |
| Jan 8, 2020 | Jan 21, 2020 | Dec 18, 2019 | $1 | special |
| Jan 8, 2020 | Jan 21, 2020 | Dec 18, 2019 | $0.41 | normal |
| Oct 8, 2019 | Oct 18, 2019 | Sep 24, 2019 | $0.41 | normal |
| Jul 8, 2019 | Jul 18, 2019 | Jun 25, 2019 | $0.41 | normal |
| Apr 8, 2019 | Apr 18, 2019 | Mar 26, 2019 | $0.41 | normal |
| Jan 8, 2019 | Jan 18, 2019 | Dec 17, 2018 | $0.38 | normal |
| Oct 9, 2018 | Oct 19, 2018 | Sep 25, 2018 | $0.38 | normal |
| Jul 9, 2018 | Jul 19, 2018 | Jun 26, 2018 | $0.5 | special |
| Jul 9, 2018 | Jul 19, 2018 | Jun 26, 2018 | $0.35 | normal |
| Apr 9, 2018 | Apr 19, 2018 | Mar 27, 2018 | $0.35 | normal |
| Jan 8, 2018 | Jan 18, 2018 | Dec 19, 2017 | $0.25 | normal |
| Oct 6, 2017 | Oct 18, 2017 | Sep 26, 2017 | $0.25 | normal |
| Jul 6, 2017 | Jul 18, 2017 | Jun 27, 2017 | $1 | special |
| Jul 6, 2017 | Jul 18, 2017 | Jun 27, 2017 | $0.25 | normal |
| Apr 6, 2017 | Apr 19, 2017 | Mar 28, 2017 | $0.25 | normal |
| Jan 5, 2017 | Jan 18, 2017 | Dec 16, 2016 | $0.23 | normal |
| Oct 5, 2016 | Oct 19, 2016 | Sep 28, 2016 | $0.23 | normal |
| Jul 7, 2016 | Jul 20, 2016 | Jun 29, 2016 | $0.21 | normal |
| Apr 7, 2016 | Apr 20, 2016 | Mar 29, 2016 | $0.21 | normal |
| Dec 31, 2015 | Jan 14, 2016 | Dec 15, 2015 | $0.18 | normal |
Banner's payout ratio of 35.9% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 39.5%, Banner's payout ratio is 9% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| COLB Columbia Banking System Inc | 7.86% | $1.44 | 80.4% |
| HFWA Heritage Financial Corp | 4.9% | $0.89 | 50.6% |
| BANR Banner Corp | 4.27% | $1.92 | 35.9% |
| EWBC East West Bancorp Inc | 2.73% | $1.99 | 24.2% |
| FFNW First Financial Northwest Inc | 2.55% | $0.52 | 75.4% |
Yes, Banner has paid four dividends in the last twelve months. BANR has been paying dividends since 1996.
At this point we don't have a record of BANR's next dividend date, but based on the current dividend schedule we project that it will likely be in May 2024.
Banner's last dividend ex-date was on Feb 6, 2024. The dividend amount was $0.48 per share.
BANR has paid dividend of $1.92 per share in the last year.
Currently Banner's dividend yield is 4.27%.
Banner pays dividends quarterly.
Banner's dividend payout ratio is 35.9%.
Banner's dividend yield is above the Financial Services sector average.