Brookline Bancorp's latest quarterly dividend was on Nov 9, 2022 (ex-date) with a payout of $0.135 per share. At an annualized rate of $0.52 per share, the stock yields 3.8%. The latest dividend has an increase of $0.01, or 3.8% from the prior distribution.
Brookline Bancorp's dividend yield of 3.8% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 2.61%, Brookline Bancorp's dividend yield is 46% higher. The current dividend yield is above the historical average of 3.2% of the last 5 years.
Brookline Bancorp has been paying dividends since 1998. BRKL has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 8% for the last twelve months. And with the price of the stock down by 21% from a year ago, the dividend yield has an increase of 37%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Nov 9, 2022 | Nov 25, 2022 | Oct 26, 2022 | $0.135 | normal |
| Aug 11, 2022 | Aug 26, 2022 | Jul 27, 2022 | $0.13 | normal |
| May 12, 2022 | May 27, 2022 | Apr 27, 2022 | $0.13 | normal |
| Feb 10, 2022 | Feb 25, 2022 | Jan 26, 2022 | $0.125 | normal |
| Nov 10, 2021 | Nov 26, 2021 | Oct 27, 2021 | $0.125 | normal |
| Aug 12, 2021 | Aug 27, 2021 | Jul 28, 2021 | $0.12 | normal |
| May 13, 2021 | May 28, 2021 | Apr 28, 2021 | $0.12 | normal |
| Feb 11, 2021 | Feb 26, 2021 | Jan 27, 2021 | $0.115 | normal |
| Nov 12, 2020 | Nov 27, 2020 | Oct 28, 2020 | $0.115 | normal |
| Aug 6, 2020 | Aug 21, 2020 | Jul 22, 2020 | $0.115 | normal |
| May 14, 2020 | May 29, 2020 | Apr 29, 2020 | $0.115 | normal |
| Feb 13, 2020 | Feb 28, 2020 | Jan 29, 2020 | $0.115 | normal |
| Nov 7, 2019 | Nov 22, 2019 | Oct 23, 2019 | $0.115 | normal |
| Aug 8, 2019 | Aug 23, 2019 | Jul 24, 2019 | $0.11 | normal |
| May 9, 2019 | May 24, 2019 | Apr 24, 2019 | $0.11 | normal |
| Feb 8, 2019 | Feb 25, 2019 | Jan 30, 2019 | $0.105 | normal |
| Nov 8, 2018 | Nov 23, 2018 | Oct 24, 2018 | $0.105 | normal |
| Aug 9, 2018 | Aug 24, 2018 | Jul 25, 2018 | $0.1 | normal |
| May 10, 2018 | May 25, 2018 | Apr 25, 2018 | $0.1 | normal |
| Feb 15, 2018 | Mar 2, 2018 | Jan 31, 2018 | $0.09 | normal |
| Nov 2, 2017 | Nov 17, 2017 | Oct 18, 2017 | $0.09 | normal |
| Aug 9, 2017 | Aug 25, 2017 | Jul 19, 2017 | $0.09 | normal |
| May 10, 2017 | May 26, 2017 | Apr 26, 2017 | $0.09 | normal |
| Feb 8, 2017 | Feb 24, 2017 | Jan 25, 2017 | $0.09 | normal |
| Nov 2, 2016 | Nov 18, 2016 | Oct 19, 2016 | $0.09 | normal |
| Aug 3, 2016 | Aug 19, 2016 | Jul 20, 2016 | $0.09 | normal |
| May 4, 2016 | May 20, 2016 | Apr 20, 2016 | $0.09 | normal |
Brookline Bancorp's payout ratio of 36.9% is above the Financial Services sector and the industry average but below its peers average. Compared to its Financial Services sector average of 31.2%, Brookline Bancorp's payout ratio is 18% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WASH Washington Trust Bancorp Inc | 4.97% | $2.18 | 50.2% |
| BRKL Brookline Bancorp Inc | 3.8% | $0.52 | 36.9% |
| WBS Webster Financial Corp | 2.88% | $1.6 | 47.5% |
| INDB Independent Bank Corp | 2.52% | $2.08 | 53.7% |
| SAL Salisbury Bancorp Inc | 2.12% | $0.64 | 23.1% |
| BHLB Berkshire Hills Bancorp Inc | 1.73% | $0.54 | 30.5% |
Yes, Brookline Bancorp has paid four dividends in the last twelve months. BRKL has been paying dividends since 1998.
BRKL has announced its next dividend with ex-date Feb 9, 2023.
Brookline Bancorp's last dividend ex-date was on Nov 9, 2022. The dividend amount was $0.135 per share.
On an annual basis BRKL pays $0.52 per share.
The current dividend yield of Brookline Bancorp is 3.8%.
Brookline Bancorp pays four dividends per year.
Brookline Bancorp's dividend payout ratio is 36.9%.
Brookline Bancorp's dividend yield is above the Financial Services sector average.