BHRB Burke & Herbert Financial Services dividend history, payout ratio & dates
Burke & Herbert Financial Services's most recent dividend payment of $0.55 per share was made to shareholders on record before Nov 15, 2024. At an annualized rate of $2.14 per share, the stock yields 3.08%. The latest BHRB stock dividend of $0.55 is an increase from the previous $0.53 distribution, representing a growth of 3.8%.
Key dates
- BHRB last dividend date: Nov 15, 2024
BHRB dividend stats
vs. Financial Services sector
Dividend yield
BHRB has a dividend yield of 3.08% which is above the Financial Services sector and the industry average but below its peers average. Compared to its Financial Services sector average of 2.55%, Burke & Herbert Financial Services's dividend yield is 21% higher.
Dividend history
According to our data BHRB has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 35% for the last year. However since the stock price has gone up by 46% from a year ago, the dividend yield has decreased by 8%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 15, 2024 | $0.55 | 3.11% |
| Aug 15, 2024 | $0.53 | 3.4% |
| May 14, 2024 | $0.53 | 4.19% |
| Feb 14, 2024 | $0.53 | 3.77% |
| Nov 14, 2023 | $0.53 | 3.38% |
| Aug 14, 2023 | $0.53 | 1.97% |
| May 12, 2023 | $0.53 | 0.69% |
Burke & Herbert Financial Services dividend payout ratio
Payout ratio
BHRB has a payout ratio of 118.9% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 44%, Burke & Herbert Financial Services's payout ratio is 170% higher.
Total amount of dividends paid per financial year (from cash flow)
BHRB dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WASH Washington Trust Bancorp Inc | 5.99% | $2.24 | 83.9% |
| EGBN Eagle Bancorp Inc | 5.15% | $1.52 | N/A |
| UBSI United Bankshares Inc | 3.46% | $1.48 | 56.1% |
| FFBC First Financial Bancorp | 3.11% | $0.93 | 39.7% |
| BHRB Burke & Herbert Financial Services Corp. | 3.08% | $2.14 | 118.9% |
| CIVB Civista Bancshares Inc | 2.79% | $0.64 | 32% |
| BHLB Berkshire Hills Bancorp Inc | 2.31% | $0.72 | 75% |
| FMBH First Mid Bancshares Inc | 2.22% | $0.94 | 28.8% |
Frequently asked questions
Does Burke & Herbert Financial Services pay a dividend?
Burke & Herbert Financial Services has paid four dividends in the last 12 months.
When was BHRB's last dividend?
Burke & Herbert Financial Services's last dividend ex-date was on Nov 15, 2024. The dividend amount was $0.55 per share.
How much dividend does Burke & Herbert Financial Services pay (per share)?
BHRB's annualized dividend per share is $2.14.
What is Burke & Herbert Financial Services's dividend yield?
Burke & Herbert Financial Services's current dividend yield is 3.08%.
How often does Burke & Herbert Financial Services pay dividends?
Burke & Herbert Financial Services pays four dividends per year.
What is Burke & Herbert Financial Services's dividend payout ratio?
Burke & Herbert Financial Services's dividend payout ratio is 118.9%.
Does Burke & Herbert Financial Services pay a good dividend?
Burke & Herbert Financial Services's dividend yield is above the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.