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BWFG Bankwell Financial Group dividend history, payout ratio & dates

Bankwell Financial Group's last quarterly cash dividend of $0.2 per share was issued to shareholders on record before Aug 12, 2022. The dividend payment stands at $0.78 per share annually, which equates to a dividend yield of 2.61%.

Key dates

  • BWFG last dividend date: Aug 12, 2022
  • BWFG next dividend date: Not announced
BWFG dividend stats
DPS
$0.78
Dividend yield
2.61%
Payout ratio
17.4%
vs. Financial Services sector
Dividend yield
2.81%
Payout ratio
30.1%

Dividend yield

What is Bankwell Financial Group current dividend yield

BWFG has a dividend yield of 2.61% which is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 2.81%, Bankwell Financial Group's dividend yield is 7% lower. The current dividend yield is more than the historical average of 2.1% of the last 5 years.

Dividend history

What is BWFG dividend payout history and dates

Bankwell Financial Group has been paying dividends for the last seven years. According to our records BWFG has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 30% for the last twelve months. And with the stock price down by 0.2% from a year ago, the dividend yield marks an increase of 30%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Aug 12, 2022 Aug 25, 2022 Jul 27, 2022 $0.2 normal
May 12, 2022 May 23, 2022 Apr 27, 2022 $0.2 normal
Feb 11, 2022 Feb 24, 2022 Jan 26, 2022 $0.2 normal
Nov 10, 2021 Nov 22, 2021 Oct 27, 2021 $0.18 normal
Aug 13, 2021 Aug 26, 2021 Jul 28, 2021 $0.18 normal
May 13, 2021 May 24, 2021 Apr 28, 2021 $0.14 normal
Feb 12, 2021 Feb 25, 2021 Jan 27, 2021 $0.14 normal
Feb 11, 2021 Feb 25, 2021 Jan 27, 2021 $0.14 normal
Nov 12, 2020 Nov 23, 2020 Oct 28, 2020 $0.14 normal
Aug 13, 2020 Aug 24, 2020 Jul 28, 2020 $0.14 normal
May 15, 2020 May 28, 2020 Apr 29, 2020 $0.14 normal
Feb 13, 2020 Feb 24, 2020 Jan 27, 2020 $0.14 normal
Nov 14, 2019 Nov 25, 2019 Oct 30, 2019 $0.13 normal
Aug 15, 2019 Aug 26, 2019 Jul 30, 2019 $0.13 normal
May 13, 2019 May 24, 2019 Apr 24, 2019 $0.13 normal
Feb 14, 2019 Feb 25, 2019 Jan 30, 2019 $0.13 normal
Nov 15, 2018 Nov 26, 2018 Oct 30, 2018 $0.12 normal
Aug 16, 2018 Aug 27, 2018 Jul 26, 2018 $0.12 normal
May 14, 2018 May 25, 2018 Apr 25, 2018 $0.12 normal
Feb 23, 2018 Mar 8, 2018 Jan 31, 2018 $0.12 normal
Nov 16, 2017 Nov 27, 2017 Oct 18, 2017 $0.07 normal
Aug 11, 2017 Aug 25, 2017 Jul 26, 2017 $0.07 normal
May 12, 2017 May 26, 2017 Apr 26, 2017 $0.07 normal
Feb 15, 2017 Feb 27, 2017 Jan 25, 2017 $0.07 normal
Nov 16, 2016 Nov 28, 2016 Oct 26, 2016 $0.07 normal
Aug 12, 2016 Aug 26, 2016 Jul 27, 2016 $0.05 normal

Bankwell Financial Group dividend payout ratio

What is Bankwell Financial Group dividend payout ratio compared to the sector

Payout ratio

BWFG has a payout ratio of 17.4% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 30.1%, Bankwell Financial Group's payout ratio is 42% lower.

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

BWFG dividend vs peer dividends

How does BWFG dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
UNB Union Bankshares Inc 6.17% $1.4 49.5%
FNLC First Bancorp Inc 4.61% $1.32 37.7%
WASH Washington Trust Bancorp Inc 4.46% $2.16 49.8%
BHB Bar Harbor Bankshares 3.64% $1 36.9%
WBS Webster Financial Corp 3.31% $1.6 51.8%
SAL Salisbury Bancorp Inc 2.64% $0.64 24.2%
BWFG Bankwell Financial Group Inc 2.61% $0.78 17.4%

Frequently asked questions

Does Bankwell Financial Group pay a dividend?

Yes, Bankwell Financial Group has been paying dividends for the last seven years.

When is Bankwell Financial Group's next dividend?

BWFG hasn't announced its next dividend date yet, but if we take into consideration its recent dividend frequency, it is likely that its next dividend will be in November 2022.

When was BWFG's last dividend?

Bankwell Financial Group's last regular dividend was on Aug 12, 2022 (ex-date) with the amount of $0.2 per share.

How much dividend does Bankwell Financial Group pay (per share)?

On an annual basis BWFG pays $0.78 per share.

What is Bankwell Financial Group's dividend yield?

The current dividend yield of Bankwell Financial Group is 2.61%.

How often does Bankwell Financial Group pay dividends?

Bankwell Financial Group pays four dividends per year.

What is Bankwell Financial Group's dividend payout ratio?

The dividend payout ratio of Bankwell Financial Group is 17.4%.

Does Bankwell Financial Group pay a good dividend?

Bankwell Financial Group's dividend yield is less than the Financial Services sector average.